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Page 39 - Adani Group

Penna Cement acquisition: Adani spells out Lanka, South India strategy

Company sets target to achieve 140 MTPA capacity by 2028, aided by greenfield expansions

Penna Cement acquisition: Adani spells out Lanka, South India strategy
Updated On : 14 Jun 2024 | 11:12 PM IST

Adani Enterprises promoters raise stake in company by 2.02% to 73.95%

Total promoter holding in the Adani Group flagship firm has now risen to 73.95% from 71.93% last September

Adani Enterprises promoters raise stake in company by 2.02% to 73.95%
Updated On : 14 Jun 2024 | 6:16 PM IST

Adani Group's Ambuja Cements to buy Penna Cement for Rs 10,422 crore

This is Adani Group's third acquisition since the Ambuja-ACC takeover

Adani Group's Ambuja Cements to buy Penna Cement for Rs 10,422 crore
Updated On : 13 Jun 2024 | 11:58 PM IST

Adani Group's Australian coal port gets $333 million private credit loan

Billionaire Gautam Adani's ports-to-power group is one of India's largest thermal power producers with multiple coal-based plants in the nation

Adani Group's Australian coal port gets $333 million private credit loan
Updated On : 13 Jun 2024 | 7:18 PM IST

Ambuja Cements acquires Penna Cement at enterprise value of Rs 10,422 cr

PCIL's strategic location and sufficient limestone reserves provide an opportunity to increase cement capacity through debottlenecking and additional investment

Ambuja Cements acquires Penna Cement at enterprise value of Rs 10,422 cr
Updated On : 13 Jun 2024 | 6:49 PM IST

Small-sized cement shares in focus; Sanghi, NCL, Saurashtra rally up to 11%

As per media reports, Adani Group was evaluating multiple cement companies like Penna Cement, Saurashtra Cement, JP Associates' cement business & Vadraj Cement for acquisition.

Small-sized cement shares in focus; Sanghi, NCL, Saurashtra rally up to 11%
Updated On : 13 Jun 2024 | 3:02 PM IST

Adani group to hit the road this week to raise up to Rs 33,254 crore

Adani Energy Solutions seeks to garner Rs 12,500 crore via QIP

Adani group to hit the road this week to raise up to Rs 33,254 crore
Updated On : 13 Jun 2024 | 1:55 PM IST

Adani Group marks $3 bn for multiple cement acquisitions in expansion bid

Adani Cement is the second-largest cement producer in India after UltraTech Cement and is looking to capture one-fifth of the domestic cement market by FY28

Adani Group marks $3 bn for multiple cement acquisitions in expansion bid
Updated On : 13 Jun 2024 | 11:40 AM IST

Adani Defence & Aerospace, UAE's EDGE sign defence cooperation agreement

The agreement aims to combine the two companies' product portfolios to meet the needs of both global and local customers

Adani Defence & Aerospace, UAE's EDGE sign defence cooperation agreement
Updated On : 11 Jun 2024 | 2:02 PM IST

IndiGo aircraft lands before AI plane could take off at Mumbai airport

DGCA derosters air traffic control officer involved in the incident; starts probe

IndiGo aircraft lands before AI plane could take off at Mumbai airport
Updated On : 09 Jun 2024 | 12:19 PM IST

Adani Group plans to invest over $1 billion in Sri Lankan wind projects

Adani Group plans to invest over USD 1 billion in setting up projects in Sri Lanka to generate electricity from wind in what would be the island nation's single largest foreign direct investment and the biggest ever power project, sources said. Group firm Adani Green Energy Ltd (AGEL) will set up two wind farms in Sri Lanka's Mannar town and Pooneryn village in the northern provide with a total installed capacity of 484 megawatt at an investment of about USD 740 million. The related infrastructure that would transmit electricity to consumption centres will see further investment of over USD 290 million, two sources with knowledge of the matter said. The projects will not just be Sri Lanka's largest renewable energy project but also the nation's biggest power project to date. Last month, Sri Lanka had entered into an agreement to buy electricity from Adani's wind power stations for 20 years. AGEL will be paid 8.26 cents per kilowatt-hours (kWh) as per the agreement. This is lower t

Adani Group plans to invest over $1 billion in Sri Lankan wind projects
Updated On : 07 Jun 2024 | 11:01 PM IST

Plea asks SC to direct govt, Sebi to probe market crash after poll results

The application, filed by Advocate Vishal Tiwari, also asked the court to direct Sebi to submit the investigation report of allegations made against the Adani group by US-based Hindenburg Research

Plea asks SC to direct govt, Sebi to probe market crash after poll results
Updated On : 07 Jun 2024 | 6:57 PM IST

Adani Wilmar eyes high-end clients as it looks to increase premium play

To drive growth in the category, the company is now targeting the premium consumer

Adani Wilmar eyes high-end clients as it looks to increase premium play
Updated On : 07 Jun 2024 | 2:54 PM IST

India to spend up to $385 bn to meet renewable energy target: Moody's

India, a major greenhouse gas emitter, has said it aims to ramp up non-fossil fuel capacity set by 50 GW each year to help meet its 500 GW target.

India to spend up to $385 bn to meet renewable energy target: Moody's
Updated On : 06 Jun 2024 | 2:33 PM IST
Marketquake: PSU, Adani stocks feel verdict tremors; Nifty PSE tanks 16.4%
Updated On : 04 Jun 2024 | 10:40 PM IST

848 stocks hit lower circuit on June 4 post LS polls. Here is what it means

BHEL, Bharat Electronics, Adani Ports and Special Economic Zone, REC, Power Finance Corporation (PFC) from the future & option (F&O) segment stocks tanked 25 per cent

848 stocks hit lower circuit on June 4 post LS polls. Here is what it means
Updated On : 04 Jun 2024 | 1:32 PM IST

Adani group shares trade weak; Total Gas, Enterprises, Power tank up to 19%

At 09:41 am; Adani group stocks had recovered up to 13 per cent of the intra-day losses, but were still down in the range of 6 per cent to 10 per cent on Tuesday.

Adani group shares trade weak; Total Gas, Enterprises, Power tank up to 19%
Updated On : 04 Jun 2024 | 10:12 AM IST

Acche din for Adani stocks over, or will the run continue? Key tech levels

Adani Enterprises, Adani Power and Adani Wilmar can potentially rally up to 30 per cent from present levels, suggests the key retracement ratios.

Acche din for Adani stocks over, or will the run continue? Key tech levels
Updated On : 04 Jun 2024 | 9:57 AM IST

Exit poll rally: Adani group value soars Rs 1.6 trn to near Rs 20 trn

Reaches pre-Hindenburg level but still 15% below all-time highs

Exit poll rally: Adani group value soars Rs 1.6 trn to near Rs 20 trn
Updated On : 03 Jun 2024 | 11:00 PM IST

Adani One launches two variants of co-branded credit cards with ICICI Bank

Cardholders can get up to 7 per cent Adani reward points on spends within the Adani Group ecosystem

Adani One launches two variants of co-branded credit cards with ICICI Bank
Updated On : 03 Jun 2024 | 10:56 PM IST