Page 130 - Adani Group

Adani group wins race to buy Ambuja Cements, ACC for $10.5 bn from Holcim

Group outbids Ultratech and JSW group to enter the industry and also emerge as the country's second-largest cement manufacturer

Ambuja, ACC gain up to 8% on Adani Group's buyout of Holcims's India biz

The Adani Group announced the acquisition of Swiss cement major Holcim's stake in all its Indian operating entities for $10.5 billion (around Rs 81,361 crore), including the open offers.

Stocks to Watch: Adani Group, RIL, SBI, Dmart, Railtel, Bandhan Bank, PSBs

Stocks to Watch Today: Bharat Forge, Fino Payments Bank, MCX India, RateGain Travel, Raymond and VIP Industries are some of the notable companies scheduled to announce Q4 results on Monday.

Adani nears $10- bn deal for controlling stake in Holcim India business

The Adani Group is hammering out the final details of a $10 billion deal for 63.1% of Ambuja Cements Ltd. along with related assets

Mumbai airport completes runway maintenance work; 150 flights rescheduled

The private airport operator said it temporarily shut the runway between 11 am and 5 pm on Tuesday to facilitate the maintenance and repair work

JSW Group to make $7 bn bid for Holcim's India cement business: Report

The move comes as Switzerland's Holcim tries to diversify away from its core business of cement and aggregates to focus more on building technology amid increased emphasis on sustainability

Adani becomes fourth Indian group to acquire franchise in UAE's T20 League

Follows RIL, GMR group and Capri Global; tournament likely to be launched in June

Adani group raises $250 million debt to fund development at six airports

The group has option to raise another $200 million under the existing facility

Adani Sportsline acquires new franchise in UAE T20 cricket League

Licensed by the Emirates Cricket Board, the UAE T20 League will be an annual event that will feature six teams competing in a 34-match event

Adani Transmission net profit falls 7.6% to Rs 237 cr in March quarter

The consolidated net profit of the company was Rs 256.55 crore in the quarter ended on March 2021, according to a company statement

Mumbai International Airport raises $750 million debt from Apollo Global

The capital raise comes in the backdrop of recovery in domestic air traffic and resum­ption of scheduled internatio­nal services from March-end

Stocks to Watch: Tata Steel, HDFC, AEL, AWL, SpiceJet, Titan, BoB, NTPC

Stocks to Watch Today: Tata Steel has announced a 46.8 per cent jump in Q4 net, and also announced a 10:1 stock split; LIC's Rs 21,000 crore IPO opens today.

Top headlines: IMF on India's $5-trn economy aim, drop in MGNREGA demand

Here are the top headlines on Tuesday

Adani, JSW groups submit non-binding bids to acquire Ambuja Cements

Holcim intends to close the transaction early

Adani Group in advanced talks to acquire Holcim businesses in India

Adani Group could sign an agreement to acquire a controlling stake in Ambuja Cements Ltd. from Holcim as soon as in the coming days

Adani Wilmar crosses Rs 1-trn market cap; stock up 249% since debut in Feb

At 10:40 AM, AWL up 5 per cent stood at 50th position in overall market-cap ranking with a m-cap of Rs 1.04 trillion, BSE data shows.

Adani Power m-cap hits Rs 1 trn-mark; AWL becomes 50th most-valued firm

With Rs 1.05 trillion, Adani Power is the sixth Adani Group company which has touched the Rs 1-trillion m-cap milestone

Gautam Adani surpasses Buffett to become fifth-richest person: Forbes

Adani's estimated $123.7-billion net worth makes him the richest person in India

Sprng Energy nearing Rs 13,500 cr sale to Shell, agreement in two weeks

Shell was among the bidders for Sprng, along with Adani Group and renewable energy firm Greenko.

Adani Ports buys Ocean Sparkle for Rs 1700 cr through Adani Harbour Svces

Ocean Sparkle is a leading player in towage, pilotage, and dredging with an asset base of 94 own vessels and 13 third-party-owned vessels