A committee of the Maharashtra Cabinet approved a significant investment proposal on Thursday, totaling Rs 83,947 crore ($10 billion) for the Tower-Adani Joint Venture. This venture, a collaboration between Tower …
Adani group
The Adani Group has sold a stake worth Rs 4,200 crore in Ambuja Cements, leading to a 4% increase in the stock price.
Gautam Adani’s conglomerate, the Adani Group, has executed a significant financial maneuver by selling a 2.8% stake in Ambuja Cements for approximately Rs 4,200 crore. This transaction, conducted through a …
Hindenburg Report: Rs 41,814 Crore in Mutual Fund Investments Tied to 10 Adani Group Companies
Among the 10 Adani group companies, Adani Ports and SEZ has the largest mutual fund exposure at Rs 13,024 crore, followed by Ambuja Cements with Rs 8,999 crore, ACC at …
SEBI Issues ‘Show Cause’ Notice to Hindenburg Research Over Adani Group Report, Short-Seller Responds
The US-based short seller disclosed that the notice cited suspected violations of Indian regulations and accused the short seller of misleading readers. In a significant development within the financial regulatory …
Adani Group to Invest $1 Billion in Sri Lanka: A Strategic Move in Regional Development
Colombo, Sri Lanka – The Adani Group, an Indian multinational conglomerate, has announced a significant investment of $1 billion in Sri Lanka, marking a crucial step in the group’s expansion …
Adani Group’s FY24 profit surges by 55%, surpassing Rs 30,000 crore; Jefferies favors 3 stocks.
Adani Group Stocks: Post Hindenburg crisis, FY24 profit surges by 55% to Rs 30,768 crore. Jefferies favors Adani Enterprises, Adani Ports, and Adani Energy Solutions, highlighting strong EBITDA growth and …
Adani Group reportedly set to venture into UPI, digital payments, and credit card services.
The report claimed that Adani Group will activate services on their consumer app, Adani One, launched in 2022, upon finalization of these developments. Reportedly, Gautam Adani-led Adani Group could venture …
The Adani group intends to invest ₹60,000 crores into airport business over the course of the next decade
The Adani Group plans to expand its airport capacity to 2.5-3 times its current level by 2040. They currently operate seven airports, with one more under construction.