The transaction is expected to have an equity value of 30 billion rupees ($377 million) and an enterprise value of 50 billion rupees
The 5G auctions added Rs 1.5 trillion to the govt exchequer. As the dust is settles, let us explore how each player is placed, and will the 5G rollout be a watershed moment for the telecom sector
Coverage may improve as more funds start chasing the stock, say market experts
The project, which had received bids from Adani, Oberoi and GMR, goes back to drawing board after abrupt shutdown of nodal agency; station will now be developed under BOT mode
Adani Group's acquisition of the Haifa port last week for USD 1.18 billion is being seen as a "strategic purchase" where "price was less important", according to a media report
Adani Data Networks, Jio, Airtel and Vodafone Idea to bid for 5G spectrum
Rs 1,368 cr committed for manufacturing ACs and LED light components; Total production pegged at Rs 25,583 crore over five years, with 4,000 direct job opportunities
Adani Sportsline picks up Gujarat team, GMR Sports gets the Telangana franchise
Deal will bolster Adani's presence in central India, help it achieve its 20,000 circuit km target before time
Seven cornerstone investors have agreed to subscribe for $570 million worth of shares in the IPO
As per the deal, Adani Group will acquire Holcim's full stake in Ambuja Cement and ACC for CHF (Swiss franc) 6.4 billion (USD 6.38 billion)
(Reuters) -Indian conglomerate Adani Group plans to buy Holcim AG's cement businesses in India for $10.5 billion, its largest-ever acquisition, to become the country's No. 2 cement manufacturer.
The group has option to raise another $200 million under the existing facility
The acquisition is expected to cost around $10 billion (Rs 76,000 crore), including the open offers for the shareholders of both Ambuja Cements and ACC
International Holding Co has agreed to invest 7.3 billion dirhams ($2 billion) in three of Indian conglomerate Adani Group's portfolio companies.
Green hydrogen, produced from water and green electricity and considered the cleanest form of fuel, is a potential path to decarbonize heavy industries
India's southern Andhra Pradesh has cancelled bids made for two separate tenders by India's Adani Enterprises to supply imported coal as the prices quoted were too high
The units, located at the firm's CNG station at Maninagar in Ahmedabad, will enable quick turnaround time for EV owners using digital platforms
Adani Total Gas Ltd, a joint venture of Adani group and TotalEnergies SE, has forayed into electric mobility infrastructure sector by launching its first EV charging station in Ahmedabad
Adani Finserve, KKR, Piramal Finance and Poonawala Finance are among 14 prominent firms that have expressed interest to acquire Reliance Capital Ltd, promoted by Anil Ambani Group, sources said