Page 27 - Gautam Adani

Bain Capital in talks to acquire Adani Capital for Rs 1,500 crore: Report

The Adani Group is selling its shadow bank as it looks to realign its business interests and focus on preserving cash

Dharavi project gift from Maharashtra govt to Modi's crony Adani: Congress

The Congress on Saturday attacked Prime Minister Narendra Modi over the Maharashtra government formally awarding the Dharavi Redevelopment project to an Adani Group firm, alleging that BJP state governments have been reduced to "ATM machines for his cronies." A resolution released on Thursday by the Housing Development department of the Maharashtra government said the state cabinet had approved the outcome of the bidding process on December 22, 2022, following which the rights were awarded. Adani Properties will be the lead partner in the project for which a special purpose vehicle will be formed. Reacting to the development, Congress general secretary Jairam Ramesh said Devendra Fadnavis' last act before handing over the housing department on Friday was to formally approve the Adani Group's "shady takeover" of the Rs 5,069 crore Dharavi redevelopment project, which involves 600 acres of prime Mumbai land. The project had originally been awarded to a different bidder, he said. "Af

Adani raises Rs 1,250 cr through first bond sale since Hindenburg report

Adani Enterprises had last raised funds via a primary placement of bonds in September last year at an 8.40 per cent yield for 17 months

Adani aims to close planned $4 bn fundraising by end-December: Report

The Adani Group is aiming to close the fundraising before end 2023, said the source, who declined to be named as the discussions are private

Gautam Adani mulls bidding for Anil Ambani's bankrupt coal plants

Ambani's Reliance Power Ltd. is also considering making an offer for the asset in an attempt to win back control of the firm, said sources

Adani Green Energy weighs raising $1.5 bn to fund expansion, say reports

Adani Green Energy Ltd.'s board will discuss plans to raise funds from institutional investors on Thursday

Adani group promoters looking to trim more stake to build cash reserves

The Adani family owns over 60 per cent stake in the group's listed companies, except Adani Green Energy and ACC Ltd

Musk, Zuckerberg lead a $852 billion surge among world's richest people

Each member of the Bloomberg Billionaires Index made an average of $14 million per day over the past six months, according to data compiled by Bloomberg

Adani Airports wants to fly higher; seeks higher stake in Mumbai airport

Adani Airports Holdings has a 74% stake in the airport, with the remaining 26 per cent owned by the Airports Authority of India

Adani Enterprises, Green see $900 mn of block trades, sparks speculation

The flagship of Indian billionaire Gautam Adani saw 18 million shares traded in a single block Wednesday, or about 1.6% of its outstanding stock, according to data compiled by Bloomberg

Promoter entities raise $1 bn by selling shares in Adani Green Energy, AEL

The proceeds will be used by the promoters to pre-pay debt, banking sources said

Hindenburg report 'targeted misformation', false allegations: Gautam Adani

'Vested interests tried to opportunistically exploit' short-seller's claims, says billionaire

Billionaire Gautam Adani reiterates confidence in governance standards

The Adani Group chairman, commenting in the annual report of flagship firm Adani Enterprises Ltd. released on Tuesday, pointed to a submission last month by India's Supreme Court

Set to launch state-of-the-art healthcare ecosystem, says Gautam Adani

First project under Rs 60,000 cr CSR corpus

Not aware of any subpoena from US regulators to investors: Adani Group

This comes after Bloomberg reported that US regulators are probing the representations made by Adani Group to American investors after Hindenburg report accused it of manipulating stock prices

Adani Group draws regulatory scrutiny in the US after short seller's report

The US Attorney's Office in Brooklyn, has sent inquiries in recent months to institutional investors with large holdings in the India conglomerate, one person familiar with the inquiries said

Adani Gas down 74% in 6 months, Serum Institute most valued unlisted firm

The total value of the top 500 companies in India declined marginally by 6.4% to Rs 212 trillion from Rs 227 trillion as of October 30,2022.

Not so forthcoming: Why doesn't Adani disclose potential conflicts?

A short-seller attack earlier this year on the Adani Group had focused on a different family member. New York-based Hindenburg Research had gone after tycoon Gautam Adani's older brother, Vinod

Adani Group revives Mundra PVC project, gets credit line worth Rs 14,000 cr

Most of the funds may come from state-run lenders and private lenders will lend at least Rs 4,500 crore

Adani stocks still reeling from losses inflicted by Hindenburg report

While two of Adani's 10 stocks have bounced back strongly, a full recovery to pre-Hindenburg levels looks a ways away