Adani becomes India's second largest cement player
The gap between Mukesh Ambani and Adani has widened by 40 per cent. Ambani, with $91 billion net worth, is ranked eighth in the world
The Adani group to infuse Rs 20,000 crore more in Ambuja Cements
At 09:30 am, with a market cap of Rs 4.31 trillion, Adani Enterprises stood at 12th position in overall market cap ranking on the BSE.
An announcement on Karan's appointment could come as soon as Friday, the people said. A representative for Adani Group declined to comment.
Gautam Adani's wealth surged to make him the second richest man in the world, led by a sharp rally in the Adani Group stocks.
"We are looking at acquiring brands in staple foods and distribution companies to boost our consumer goods offering and reach," Angshu Mallick, CEO of Adani Wilmar said
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Asia's richest man Gautam Adani on Wednesday said his ports-to-power conglomerate will build three giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolyzers as part of a USD 70 billion investment in clean energy by 2030. Adani group is stepping up investments across the green energy value chain as it aims to become the world's top renewable energy producer by 2030. "The Adani Group has already committed USD 70 billion (for climate change and green energy). This will see us building three giga factories in India leading to one of the world's most integrated green-energy value chains," he said after receiving the USIBC Global Leadership Award here. These giga factories will "extend from polysilicon to solar modules, complete manufacturing of wind turbines, and the manufacturing of hydrogen electrolyzers," he said. This, he said, will generate an additional 45 GW of renewable energy to add to Adani group's existing 20 GW capacity, as well as 3 million t
During a year in which many fortunes around the world have crumbled, his net worth has nearly doubled, increasing $64.8 billion to $141.4 billion and making him the third-richest person on the planet
Adani Power Ltd. will commission a 1.6 gigawatt facility in Jharkhand state and a dedicated transmission line for the exports by Dec. 16, Adani said in a Twitter post late on Monday
Vinod Bahety, who's been helming Adani Enterprises Ltd.'s M&A activity, will move to a new business vertical and a formal announcement could come as soon as this month
Gautam Adani is on an acquisition spree of late. But one of his recent takeover attempts seems to have run into rough weather. Acquisition of NDTV may not be as easy like others. Find out why
While the m-cap of all the listed companies on the BSE has risen by Rs 12.74 trillion, seven listed companies of the Adani Group account for Rs 10.05 trillion of this, the report added
India's National Stock Exchange (NSE) will add Adani Enterprises, the flagship company of Indian coal-to-edible-oils conglomerate Adani Group, to its benchmark Nifty 50 index effective Sept 30
Adani Enterprises said that the RRPR disclosure lacked bonafides and had no merit or basis either in law or in fact and was misconceived
Adani Enterprises will replace Shree Cement in the most tracked stocks gauge in India on September 30
An Indian-American doctor has filed a lawsuit here against Prime Minister Narendra Modi, Andhra Pradesh Chief Minister YS Jagan Mohan Reddy, and business tycoon Gautam Adani on a host of issues, including corruption and Pegasus spyware. The US District Court for the District of Columbia has issued summons to all these leaders, along with several others, which were served on them in India earlier this year. Eminent Indian-American attorney from New York Ravi Batra has termed it a "dead on arrival lawsuit". The lawsuit against Modi, Reddy and Adani has been filed by Richmond-based gastroenterologist Dr Lokesh Vuyurru. Among others named in the lawsuit is Professor Klaus Schwab, founder and chairman of the World Economic forum. Without any documentary evidence, the Indian-American physician, who comes from Andhra Pradesh, alleged that Modi, Reddy and Adani, along with others, are engaged in corruption, including massive cash transfers to the US and use of Pegasus spyware against ...
It's the first time an Asian person has broken into the top three of the Bloomberg Billionaires Index -- fellow citizen Mukesh Ambani and China's Jack Ma never made it that far
The Indian rupee notched its biggest one-day gain in a year on Tuesday against a wobbly dollar as local equities saw a rush of foreign investor inflows