Page 50 - Gautam Adani

Adani Power gains 4%, hits new high on DB Power deal; up 47% in one month

The acquisition of DB Power's thermal power assets will help the company to expand its offerings and operations in the thermal power sector in the state of Chhattisgarh.

Adani Group gets Sebi approval for $3.8 billion open offer for Ambuja, ACC

The group, led by Asia's richest person Gautam Adani, is set to make an offer to buy 26% of Ambuja Cements Ltd. for 385 rupees per share and the same stake for 2,300 rupees per share of ACC Ltd

As Gautam Adani gets Z security, a look at the X, Y, Z and Z+ of protection

The all-India cover is expected to cost Adani about Rs 15-20 lakh per month

Centre grants Z category VIP security cover to industrialist Gautam Adani

Billionaire industrialist and Adani Group Chairman Gautam Adani has been accorded a 'Z' category VIP security cover of CRPF commandos by the central government, official sources said Wednesday. They said the all-India cover will be on a "payment basis" and is expected to cost about Rs 15-20 lakh per month. The security cover under the central list was accorded to Adani, 60, on the basis of a threat perception report prepared by central security agencies, they said. The Union Home Ministry has asked the Central Reserve Police Force (CRPF) VIP security wing to take over the job and its squad is now with the protectee, they said. RIL Chairman Mukesh Ambani was given a 'Z+' category cover of CRPF commandos by the Union government in 2013, followed by a lower category cover to his wife Neeta Ambani some years later.

Gautam Adani to address Forbes Global CEO Conference in Singapore

Adani Group Chairman Gautam Adani will join Singapore Deputy Prime Minister and Finance Minister Lawrence Wong to address the Forbes Global CEO Conference in Singapore on September 26-27. Some 400 leading CEOs, entrepreneurs and investors are expected to convene at the 20th Forbes Global CEO Conference to share insights, spotlight opportunities and stake out the way forward, Forbes Media announced on Wednesday in Singapore. Adani will be making a keynote speech on the second day of the conference, where, to date, some 40 speakers have confirmed their participation. One of the highlights on the opening day of the conference is a one-on-one dialogue between Wong and Steve Forbes, Chairman and Editor-in-Chief of Forbes Media. Among the speakers are Indian business leaders such as Ajay Banga, Vice Chairman of General Atlantic, Byju Raveendran, Founder and CEO of Byju's and Adar Poonawalla, CEO of Serum Institute of India. William Adamopoulos, CEO/Asia, Forbes Media, said, We are delig

Adani group to invest Rs 57,575 cr to set up alumina mill in Odisha

In a press statement, the group said it will set up a 4-million tonnes a year alumina refinery near bauxite mines as well as an iron ore project

Adani buys Macquarie Infra's toll roads in Andhra, Gujarat for Rs 3,110 cr

The deal, executed at Rs 3,110 crore, will give Adani control over four stretches of toll roads in Andhra Pradesh and Gujarat and is expected to be completed by September

Adani Group, RIL to set up biogas plants at Rs 500-600 cr investment each

Adani and Reliance Group are planning to set up 40-million tonne per annum (mtpa) plants in Uttar Pradesh and Gujarat, while Reliance Industries is still formalising the two locations

Adani Enterprises becomes 4th Group company to cross Rs 3 trillion m-cap

At 11:25 AM; with a market-cap of Rs 3.07 trillion Adani Enterprises stood at 18th position in the overall market-cap ranking among the BSE listed companies, the exchange data showed

With $208 bn in fortunes, Mukesh Ambani, and Gautam Adani start to face off

Ambani's Reliance Jio Infocomm Ltd. is the top player in India's mobile market, while the Adani Group doesn't even have a license to offer wireless telecommunications services

Top Headlines: RBI to push rates by 30-50 bps, task force for monkeypox

The Reserve Bank of India's MPC is likely to announce a repo rate hike of 35-50 basis points in its policy statement on August 5, a Business Standard poll showed

Adani raises $5.25 bn from global banks to fund acquisition of Ambuja, ACC

The Adani family is acquiring Ambuja and ACC with a capacity of 70 mtpa at a total cost of $10.5 billion, including the open offers to be made to the minority shareholders of the companies

Adani Capital planning IPO as soon as 2024 at $2-bn valuation: CEO

The Gautam Adani-backed NBFC is planning to raise at least Rs 1,500 cr through IPO, says MD & CEO Gaurav Gupta

Adani Group to invest $70 bn in green energy, infra: Gautam Adani

Group leads the make India a net exporter of clean energy, says billionaire in speech to shareholders

Never slowed, walked away from making investments in India: Gautam Adani

Gautam Adani on Tuesday said his ports-to-energy conglomerate has never slowed or walked away from making investments in India as the group's growth is aligned with the country's growth story.

Reliance Jio, Bharti Airtel, others gear up for mega 5G spectrum auction

The 5G auctions will be a financial boost for Prime Minister Narendra Modi's government, which is trying to tame inflation and rein in the fiscal deficit

Gautam Adani overtakes Bill Gates to become the fourth-richest person

In June, the Adani family committed a donation of Rs 60,000 crore towards charity initiatives in health care, education, and skill development

Gautam Adani overtakes Bill Gates to become 4th richest person in the world

Gautam Adani's wealth, on Thursday, stood at $115.7 billion, as compared to Bill Gates's $104.6 billion. In the last 24 hours, Adani has gained $337 million

As Adani prepares to bid for 5G, should Mukesh Ambani prepare for battle?

Just the threat that Adani might eventually come after the $2-per-month customer could see capital-starved Vodafone Idea buckle, in which case he could swoop in on it later

Adani gets LoI for 5G services in Gujarat; final list of bidders on July 20

Adani Data Networks, Jio, Airtel and Vodafone Idea to bid for 5G spectrum