Page 40 - Adani Group

Dharavi project: No land to Adani group, transfer to Maharashtra govt dept

The multi-crore Dharavi slum redevelopment project involves no land transfer to the Adani group but to the Maharashtra government's departments, and the Ahmedabad-based conglomerate, as a project developer, will build houses that will be handed over to the same departments for allotment to residents of Asia's biggest slums, sources said. Denying allegations of land grab made by MP Varsha Gaikwad, sources close to the project said land parcels are to be transferred only to Dharavi Redevelopment Project/Slum Rehabilitation Authority (DRP/SRA) of the state government's housing department. Adani Group, which won the Dharavi slum redevelopment project in open international bidding, will build tenements - housing and commercials - through its joint venture company Dharavi Redevelopment Project Private Ltd (DRPPL) with the Maharashtra government, again hand them over to DRP/SRA of the Maharashtra government for allocation as per survey findings. Trying to clear misconceptions over the ...

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

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

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 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 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

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

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.

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 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 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

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

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

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

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

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

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.

Marketquake: PSU, Adani stocks feel verdict tremors; Nifty PSE tanks 16.4%

Rs 3.6 trn shaved off from Adani Group mcap

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

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.

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.

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