Page 48 - Adani Group

Adani-owned ACC to acquire full stake in Asian Concretes and Cements

ACC currently owns 45 per cent stake in Asian Concretes and Cements and the remaining stake will cost it Rs 425.96 crore

Chhattisgarh: Cong joins protest against coal mine projects in Hasdeo area

Chhattisgarh Congress chief Deepak Baij on Sunday alleged the newly-elected BJP government is working in the interest of corporates and trees are being chopped in bio-diversity rich Hasdeo Arand area for a coal mine extension project. Baij and several Congress workers joined villagers in Hariharpur in Surguja district in an ongoing protest against coal mine projects. Hasdeo-Arand coalfield spread over a 1,878 sq km area in Korba, Surguja and Surajpur districts in the northern part of the state, is located about 300 km from Raipur. The region is called as 'lungs of Chhattisgarh' for its rich forest. "During campaigning for elections last year, Rahul Gandhi had said if people press the lotus (BJP's symbol) button on the EVM, Adani will come out from the VVPAT and this statement has proved to be true after the formation of the BJP government in the state," Baij told protesters. He alleged the Vishnu Deo Sai government has started handing over natural resources including jal, jungle, .

Gautam Adani reclaims Asia's richest spot after relief from Supreme Court

Adani's net worth rose $7.7 billion in a day to $97.6 billion, reclaiming the top spot in the region from Indian compatriot Mukesh Ambani, according to Bloomberg Billionaires Index

Adani Ports to tap bond market for first time in more than two years

Both of Adani Ports's bonds have an issue size of 2.5 billion rupees. The company will offer a coupon of 8.70% on the bonds maturing in five years and an 8.80% coupon on the bonds maturing in 10 years

Gautam Adani reclaims India's richest title from Mukesh Ambani post-verdict

Reliance Group's combined market-cap at Rs 18.97 trillion, however, is way ahead of Adani Group's Rs 15.1 trillion

Adani Group to fund Dharavi project via internal accruals, SPV stake sale

The Adani group, which is redeveloping Dharavi slums, plans to finance the entire project via internal accruals and possible sale of equity in the special purpose vehicle (SPV) set up for the project, according to sources. Earlier this week, the company had appointed three companies, including noted architect Hafeez Contractor, as city planners to present a draft development plan for the Asia's largest slum cluster. In a statement, the group, which has promised to invest Rs 21,000 crore in the project, said it roped in design firm Sasaki, consultancy firm Buro Happold as design planners for the project as well as some experts from Singapore Housing Development Board. The statement did not mention any timeline for the project. The Adani group had in November 2022 won the bid to redevelop Dharavi, with an initial equity investment of Rs 5,069 crore. Hafeez Contractor is known for revolutionary social housing and slum rehabilitation authority projects in the city, while Sasaki is an

Karan Adani now MD of Adani Ports, Gautam Adani stays as executive chairman

Adani Ports and Special Economic Zone (APSEZ) on Wednesday said that the company has elevated its CEO Karan Adani to the role of Managing Director, a position which was held by Chairman of Adani group Gautam Adani. Gautam Adani has been re-designated as executive chairman of APSEZ. "APSEZ, India's largest ports and logistics company, has elevated CEO Mr Karan Adani to the role of Managing Director, a position which was held by Mr Gautam Adani, Chairman of the Adani Group," the company said in a release. The company further said its board has also approved the appointment of Ashwani Gupta, former global Chief Operating Officer at Nissan Motors, as the new Chief Executive Officer of APSEZ.

Adani case: SC refuses plea for SIT; asks Sebi to finish probe in 3 months

Reliance on third party organisation report without any verification cannot be relied upon as a proof, says court about investigative journalists' work

LIVE: IndiGo gets notice after worms found in sandwiches served on flight

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What is Sebi probing in Adani-Hindenburg issue?

The market regulator said that it had sent around 90 communications to overseas agencies seeking assistance

SC judgment gives Sebi final say on securities violations: Law firms

For proxy advisory firm Institutional Investor Advisory Services (IiAS), the pending Supreme Court investigation was a matter of concern from the auditing point of view

Sensex sinks 536 pts, Nifty nears 21,500 amid global sell-off; IT slides

Closing Bell on January 3, 2024: On the upside, Bajaj Auto, Adani Enterprises, Adani Ports, Cipla, ITC, and IndusInd Bank were the top gainers, rising up to 4.5 per cent

Cong MP criticises Sebi's lackadaisical attitude in Adani-Hindenburg row

Raising concerns on the delay, Tewari pointed out that the Hindenburg report came out a year ago and alleged that SEBI has been delaying it since then

Adani Group shares hold gains in weak market as SC grants Sebi more time

The Supreme Court on Wednesday also directed the government and Sebi to look into whether there has been any violation of law by Hindenburg Research on short-selling.

'Grateful to those who stood by us': Adani on Adani-Hindenburg case verdict

Adani Hindenburg case verdict: The SC has refused to interfere in the investigation by the Securities and Exchange Board of India

Adani-Hindenburg case verdict: SC grants Sebi 3 months for pending probes

Adani Hindenburg case verdict: SC also said that the Centre and Sebi will look into whether there has been any violation of law by Hindenburg Research on short-selling

SC to pronounce verdict on Adani-Hindenburg case today: The story so far

Adani Hindenburg verdict time: A bench comprising CJI DY Chandrachud and justices JB Pardiwala and Manoj Misra will deliver the judgement at 10:30 am

Stocks to Watch today, Jan 3: Adani, PNB, YES Bank, MOIL, Shyam Metalics

Stocks to Watch on Wednesday, January 3, 2024: The Supreme Court is expected to announce its verdict in the Adani-Hindenburg case later on Wednesday

Adani Group-Hindenburg row: SC will pronounce judgement on January 3

A bench of Chief Justice of India DY Chandrachud and Justices JB Pardiwala and Manoj Misra reserved its verdict on the order on various aspects related to the Hindenburg report in November 2023

Adani's JV hires global team for Dharavi overhaul project in Mumbai

Dharavi, about three quarters the size of New York's Central Park, is a crowded area that houses thousands of poor families in cramped quarters in the centre of India's financial capital