Page 44 - Gautam Adani

Adani Solar starts manufacturing large sized monocrystalline silicon ingots

Adani Solar on Wednesday said it has begun manufacturing of large sized monocrystalline silicon ingots in India. The monocrystalline ingots will drive indigenisation to produce renewable electricity from silicon-based PV (photovoltaic) modules with efficiencies ranging from 21 per cent to 24 per cent, the company said in a statement. "We are delighted to become India's first manufacturer of large sized monocrystalline silicon ingots capable of producing M10 & G12 wafers. While the company's initial production has already begun, it intends to add 2 GW of ingot and wafer capacity by the end of 2023," Puneet Gupta, CTO of Adani Solar, said. Adani Solar is the solar photovoltaic manufacturing and research arm of the Adani Group.

Adani Transmission incorporates wholly-owned subsidiary Adani Cooling Sol

Adani Transmission on Tuesday said it has incorporated a wholly-owned subsidiary Adani Cooling Solutions Ltd. According to a regulatory filing, the subsidiary was incorporated on Monday with an initial authorised and paid up share capital of Rs 1,00,000 each, for the purpose of carrying on District Cooling System business. The entity will commence its business operations in due course, it added.

Adani group entity operating Guwahati airport gets aerodrome licence

The Guwahati International Airport Ltd, the Adani group entity that operates the LGBI Airport, here, has been granted aerodrome licence by the DGCA for complete management of the airport, an official statement said on Saturday. The licence was granted by the Directorate General of Civil Aviation (DGCA) on Friday, the Guwahati International Airport Ltd statement said. It said the aerodrome licence has been given for "ensuring complete management, operations and development of the Lokpriya Gopinath Bordoloi International (LGBI) airport in accordance with the concession agreement". "The license authorises the aerodrome to be used as a public airport of the country," it added. The licence was received by the Chief Airport Officer of LGBI Airport, Utpal Baruah, in Delhi from Arun Kumar, Director General, DGCA, Government of India. So far, Guwahati International Airport Ltd was operating the LGBI Airport with the licence of the AAI, the facility's earlier operator. The Adani group had

20 Indian firms in 500 most valuable globally, Reliance top: Hurun report

Apple, worth $2.4 trillion, is the most valuable company, followed by Microsoft with a value of $1.8 trillion: 2022 Hurun Global 500 report

Adani among 3 Indian billionaires on Forbes list of philanthropy heroes

Indian billionaires Gautam Adani, Shiv Nadar, and Ashok Soota, as well as Malaysian-Indian businessman Brahmal Vasudevan and his lawyer wife Shanthi Kandiah, were named in the 16th edition of Forbes Asia's Heroes of Philanthropy list released on Tuesday. The unranked list "highlights leading altruists in the Asia-Pacific region who demonstrated a strong personal commitment to philanthropic causes," Forbes said in a press release. Adani was listed for having pledged Rs 60,000 crores (USD 7.7 billion) when he turned 60 in June this year. The pledge makes him one of India's most generous philanthropists, the press release said. The money will address healthcare, education, and skill development and will be channelled through the family's Adani Foundation, which was founded in 1996. Each year, the foundation helps nearly 3.7 million people across India. Self-made billionaire and philanthropist Shiv Nadar counts among the top donors in India, having channelled close to USD 1 billion of

What does Gautam Adani's partial takeover of NDTV mean for television news?

Since its inception, NDTV's strength has been questioning the establishment on every side of the ideological divide

Senior journalist Ravish Kumar resigns from NDTV amid Adani takeover

Ravish Kumar has been an integral part of NDTV for more than two decades and has been conferred with the prestigious Ramon Magsaysay award and Ramnath Goenka Excellence in Journalism Award twice

Is Adani Group emerging as the next Tatas?

Gautam Adani is trying to significantly expand his conglomerate. But why is he pursuing such a strategy, when large diversified conglomerates continue to be seen as dinosaurs in the West?

LIVE: All hospital services continue to run on manual mode at AIIMS

Live news updates: Catch all the latest news from around the world here

Adani Group's takeover of NDTV: Understanding the mechanics and the math

Business Standard gives you the lowdown on how the strategy to acquire one of India's better-known broadcasting houses played out

Gautam Adani's plans for an India super-app could run into a tech downturn

Adani Enterprises Ltd., the group's flagship, is seeking to raise 200 billion rupees ($2.5 billion) by selling new shares. The additional firepower may come in handy to beef up the fledgling super-app

Entering the final stretch

The NDTV takeover battle is reaching its climax and there are many likely scenarios at play

NDTV promoter firm RRPR Holding transfers 99.5% shares to Adani's VCPL

Ongoing open offer draws bids for 5.3 mn shares as of Monday's close

NDTV takeover a responsibility, not business opportunity: Gautam Adani

Adani wants to build a global news brand; plans to invest $4 bn in a petrochemical complex

Adani Enterprises to raise Rs 20,000 crore through follow-on public offer

The face value of each Adani Enterprises share would be Rs 1 each and the approval of the shareholders would be taken via postal ballot

Gautam Adani's $5 bn bet aimed at silencing debt-obsessed critics

Gautam Adani is seeking legitimacy in the face of questions about his group's breakneck expansion from a traditional port operator to a sprawling empire

Adani group's open offer: 16.54% of NDTV shares tendered by Day 3

Nearly 28 lakh shares were tendered by shareholders of NDTV under the Adani group's open offer at the end of the third day on Thursday. Adani group's open offer to acquire an additional 26 per cent stake in the media firm New Delhi Television (NDTV) started on Tuesday. According to the data from BSE, a total of 27,72,159 NDTV shares amounting to 16.54 per cent of the offer size were tendered by the shareholders by 1600hrs on Thursday. Adani's offer price is Rs 294 per share, while NDTV shares settled at Rs 368.40 on Thursday, which is 25.3 per cent higher compared to the offer price. In the last three months, NDTV shares reached a high of Rs 540.85 on September 5, 2022. The offer closes on December 5, a notice by JM Financial, the firm managing the offer on behalf of Adani Group firms, said. Markets regulator Sebi on November 7 granted its approval to the proposed Rs 492.81 crore-open offer. The conglomerate, run by India's richest man Gautam Adani, in August acquired a little-k

1.8 million shares tendered on day two of Adani's NDTV open offer

The names of those who tendered their shares will be disclosed on the final day of the open offer

Adani FPO could be India's largest-ever; board to approve proposal on Fri

The follow-on offering will help the firm broaden its investor base

Gautam Adani weighs $5 billion fundraise as banks urge deleveraging

The fundraising will start with Adani Enterprises and is separate from the group's plans to raise debt, one of the people said