Tag: Adani Group

Adani Group In Talks To Buy Heidelberg’s Indian Cement Operations: Report

October 7, 2024 admin

The number of deals in India’s cement industry has grown since Adani Group’s foray. Bengaluru: The Adani Group is in talks to buy the Indian cement operations of Germany’s Heidelberg Materials in a deal that could be worth about $1.2 billion, the Economic Times newspaper said on Monday, citing people familiar with the matter. Led…

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3 Adani Group Firms Join World Economic Forum Initiative On Decarbonisation

September 30, 2024 admin

The cluster will also have production facilities for green hydrogen. Three Adani portfolio companies – Adani Enterprises Ltd (AEL), Adani Ports and Special Economic Zone Ltd (APSEZ) and Ambuja Cements Ltd – have joined the World Economic Forum’s ‘Transitioning Industrial Clusters’ initiative, forming the ‘Adani Mundra Cluster’, the group said in a statement. The Adani…

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Adani Group says press release in circulation on its Kenya projects is fake

September 16, 2024 admin

Adani Group said that all its official press releases are made available on its websites. | Photo Credit: Ajit Solanki The Adani Group on Monday (September 16, 2024) categorically stated that neither the Group nor any of its companies or subsidiaries have issued any press statements related to its ongoing projects and presence in Kenya….

Business

Sri Lanka’s JVP vows to cancel Adani energy project if elected

September 16, 2024 admin

Anura Kumara Dissanayake, presidential candidate of Opposition political party National People’s Power. File | Photo Credit: AP The Marxist Janatha Vimukthi Peramuna (JVP) on Monday (September 16, 2024) vowed to cancel the Adani Group’s wind power project in Sri Lanka if it gets elected in the presidential election scheduled for the weekend. JVP leader Anura…

World

Adani Group Features In TIME’s World’s Best Companies Of 2024 List

September 13, 2024 admin

The World’s Best Companies 2024 list is based on analysis across three dimensions. New Delhi: The Adani Group has featured in TIME’s prestigious World’s Best Companies of 2024 list, prepared in collaboration with Statista, a leading global industry ranking and statistics portal. The Adani Group in a statement said, “The accolade highlights the Adani Group’s commitment to…

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Adani Group On Swiss Media Report

September 12, 2024 admin

The Adani Group in a statement called the allegations baseless New Delhi: The Adani Group has called a report in a Swiss media outlet an “orchestrated and egregious attempt by the same cohorts acting in unison” to harm the Group’s reputation and market value. US short seller Hindenburg Research in a post on X claimed…

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Adani deal protest: Flights grounded at Kenya’s main airport as workers go on strike

September 11, 2024 admin

Kenya Airways workers walk past passengers waiting for their flights during a strike by Kenya airports union workers to protest against a proposed deal for India’s Adani Group ADEL.NS, to lease Jomo Kenyatta International Airport (JKIA) for 30 years, in Nairobi, on September 11, 2024. | Photo Credit: Reuters Hundreds of workers at Kenya’s main…

Business

Mumbai College Which Rejected Gautam Adani Now Calls Him To Address Students

September 5, 2024 admin

Mr Adani said Mumbai was his training ground for business. New Delhi: Gautam Adani had, in the late 1970s, applied to study at a Mumbai college but his application was rejected. He did not pursue education but turned to business and went on to build a $220-billion empire. About four-and-a-half decades later, he got called…

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Power Of Our Business Is In integrated Model And Adjacencies: Gautam Adani

September 5, 2024 admin

Gautam Adani, the chairman of the Adani Group, today underscored the need to see “beyond the present”, which, he said, is the only way to a better tomorrow. As an example, he cited the times he had broken barriers – starting with his decision to put an end to studies at the age of 16…

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Adani Enterprises’ 1st Retail Bond Fully Subscribed

September 4, 2024 admin

Adani Enterprises plans to raise up to 8 billion rupees ($95.32 million) via the bond sale Adani Enterprises’ first retail bond was fully subscribed at its launch on Wednesday, stock exchange data showed, in a rare issue on the market. While the group has raised money from institutional investors since allegations made by US short-seller…

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