Pricing at a discount but shorting the stock ahead of the FPO won't be as straightforward
The share sale 'allows us to increase the participation of the Indian public. Every household of rural India can invest in it'
The company has set a price band of Rs 3,112-Rs 3,276 per share for its Rs 20,000-crore follow-on public offering (FPO), that opens for subscription on January 27.
In a rare move for a follow-on sale, Asia's richest man will allow retail investors to pay for their purchases in tranches
The company is tapping industry opportunities, such as green hydrogen, the aviation sector and data centers
"Restoring ecosystems, reversing loss of biodiversity, and reducing soil erosion are all essential for building a greener world," Gautam Adani said
Comparing India and China's Fortune 500 performance may not be entirely fair, but it offers some thought-provoking facts at a time when India is flaunted as the only decent economic game in town
Adani Enterprises will need to offer at least 35 per cent of the FPO, worth as much as Rs 7,000 crore, to retail investors
He dropped out of formal education at the age of 16 in 1978 to take a train to Mumbai to try his luck and three years later made his first killing -- a Rs 10,000 commission doing a diamond trade with a Japanese buyer. That marked the beginning of the entrepreneurial journey of Gautam Adani, now Asia's richest man. He, however, regrets not finishing college, saying early experiences made him wise but formal education rapidly expands one's knowledge. Speaking at the 75th year celebrations of Vidya Mandir Trust Palanpur in Gujarat, Adani recounted his phenomenal journey that has made his group the world's largest solar power company, largest airport and sea port operator in India, nation's largest integrated energy player, country's second largest cement manufacturer and a conglomerate with market capitalisation of over USD 225 billion -- all in a span of four-and-a-half decades. While the dry and tough living conditions of Gujarat's Banaskantha shaped his social behaviour, his father'
The plan for B2C (business-to-consumer) apps for consumers comes as an unexpected move by the company
From Gautam Adani to Yvon Chouinard, take a look at the top 10 global biz personalities of 2022
Proxy advisory firms say premium now must be paid to all shareholders who participated in open offer
From Gautam Adani, Nischal Shetty to Falguni Nayar and Kaivalya Vohra, take a look at Indian business leaders who grabbed headlines in the year gone by
While the deft legal move shows the ingenuity of the tycoon and his dealmakers in clinching acquisitions - Adani's entry into NDTV 4 months ago was also via an indirect route
Adani's entry into NDTV four months ago was also via an indirect route - it could invoke the regulator's scrutiny on grounds that it is unfair to common shareholders
From Gautam Adani and Nischal Shetty to Falguni Nayar and Kaivalya Vohra, take a look at Indian business leaders who grabbed headlines in the year gone by
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In comparison, Ambani, who topped the list last year, has seen a 2.5 per cent decline in his family's net worth to $101.75 billion from $104.4 billion a year ago
As both he and PM Modi are from the same state, it makes him the easy target of baseless allegations, says Adani
A solid run of earnings buoyed key Indian benchmarks to record levels, making the market larger than the UK