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Tag: Adani Enterprises

Adani to invest ₹1.3 lakh cr in FY25 across portfolio companies

Posted on June 25, 2024 By admin
Adani to invest ₹1.3 lakh cr in FY25 across portfolio companies

Photo used for representation purpose only. | Photo Credit: Reuters Adani group plans to invest about ₹1.3 lakh crore across its portfolio companies this fiscal as it doubles down on its $100 billion investment guidance over the next 7-10 years to grow businesses, group CFO said on June 25. The investment across portfolio companies that…

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Business

Adani Group shares tumble; Adani Ports plunges 20 pc

Posted on June 4, 2024 By admin
Adani Group shares tumble; Adani Ports plunges 20 pc

Logo of the Adani Group installed at a roundabout on the ring road in Ahmedabad, Gujarat. FILE | Photo Credit: REUTERS Shares of all Adani Group companies tumbled on Tuesday as the initial trend showed BJP winning a lesser number of seats than predicted in exit polls. The stock of Adani Ports plummeted 20 per…

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Business

AdaniConneX Sets Up Landmark $1.44 Billion Construction Financing Framework

Posted on April 28, 2024 By admin
AdaniConneX Sets Up Landmark $1.44 Billion Construction Financing Framework

AdaniConneX is a 50:50 joint venture between Adani Enterprises and EdgeConneX (Representational) Ahmedabad: AdaniConneX, a 50:50 joint venture between Adani Enterprises and EdgeConneX, has established India’s largest sustainability-linked financing to raise up to USD 1.44 billion. In a press release on Sunday, AdaniConnex said the financing has an initial commitment of USD 875 million, with…

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Nation

Adani Ports, Adani Enterprises’ Promoters Raise Stake

Posted on September 9, 2023 By admin
Adani Ports, Adani Enterprises’ Promoters Raise Stake

New Delhi: The promoters of Adani Ports & SEZ have acquired an additional 2.17 per cent stake in the company, according to exchange filings. With this, the promoters have raised their stake to 65.23 per cent from 63.06 per cent. The promoters of Adani Enterprises acquired an additional 2.06 per cent stake in the company….

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Business

.”Explore Selling Stake: Adani Enterprises Considers Divestment from Adani Wilmar Joint Venture”

Posted on August 9, 2023 By admin
.”Explore Selling Stake: Adani Enterprises Considers Divestment from Adani Wilmar Joint Venture”

According a report published in Bloomberg news,  Adani Enterprise has been considering a potential sale of its 44% stake in Adani Wilmar for a few months. | Photo Credit: AFP India’s Adani Enterprises is exploring selling its stake in its consumer-staple joint venture with Wilmar International, Bloomberg News reported on Tuesday, citing people familiar with…

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