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Tag: Adani Group

Adani Energy’s $1 Billion Share Sale Subscribed 6 Times With Rs 50,000 Crore Demand

Posted on August 1, 2024 By admin
Adani Energy’s  Billion Share Sale Subscribed 6 Times With Rs 50,000 Crore Demand

The group had tapped the dollar bond market in March this year. New Delhi: Billionaire Stanley Druckenmiller’s family office-led investment firms have made their maiden bet on Adani group, seeking shares of the conglomerate’s power transmission unit in an institutional sale that was oversubscribed six times and fetching demand of over Rs 50,000 crore against…

Read More “Adani Energy’s $1 Billion Share Sale Subscribed 6 Times With Rs 50,000 Crore Demand” »

Nation

Adani Energy Solutions Raises $1 Billion Through Share Sale: Report

Posted on July 30, 2024 By admin
Adani Energy’s  Billion Share Sale Subscribed 6 Times With Rs 50,000 Crore Demand

The issue closed at Rs 1,135 per share, as against the issue price of Rs 976 per share. New Delhi: Gautam Adani-led group’s power transmission unit, Adani Energy Solutions, has raised $1 billion through a share sale, the first public equity raise by the conglomerate since the Hindenburg report. Adani Energy Solutions Ltd raised the…

Read More “Adani Energy Solutions Raises $1 Billion Through Share Sale: Report” »

Nation

US Ambassador Visits Adani’s Khavda Project Site In Gujarat

Posted on July 19, 2024 By admin
US Ambassador Visits Adani’s Khavda Project Site In Gujarat

US Ambassador to India Eric Garcetti visited Adani group’s Khavda renewable energy project. New Delhi: US Ambassador to India Eric Garcetti visited Adani group’s Khavda renewable energy project – the largest in the world, in fresh signs of the conglomerate having moved past Hindenburg attack and winning new backing “Inspired by my visit to the…

Read More “US Ambassador Visits Adani’s Khavda Project Site In Gujarat” »

Nation

Adani Group-Backed Sirius Digitech Acquires Cloud Platform Firm Coredge.io

Posted on July 16, 2024 By admin
Adani Group-Backed Sirius Digitech Acquires Cloud Platform Firm Coredge.io

New Delhi: Sirius Digitech Limited, a joint venture between the Adani Group and Sirius International Holding (Sirius), a subsidiary of International Holding Company (IHC), announced the signing of a binding agreement for the acquisition of Coredge.io Private Limited, a sovereign AI and cloud platform company. Coredge.io is a sovereign AI and cloud platform company offering…

Read More “Adani Group-Backed Sirius Digitech Acquires Cloud Platform Firm Coredge.io” »

Nation

Senior Lawyer Points To ‘China Link’ In Hindenburg’s Attack On Adani Group

Posted on July 4, 2024 By admin
Senior Lawyer Points To ‘China Link’ In Hindenburg’s Attack On Adani Group

Mr Jethamalani said an American Businessman hired Hindenburg to prepare a report on the Adani Group. New Delhi: In a stunning claim that he has called a “smoking gun”, senior lawyer Mahesh Jethmalani has alleged that a businessman with Chinese links had commissioned the report by short-seller Hindenburg Research which led to shares of Adani…

Read More “Senior Lawyer Points To ‘China Link’ In Hindenburg’s Attack On Adani Group” »

Nation

SEBI Issues Show Cause Notice To Hindenburg, Its Founder Nathan Anderson Over Its Adani Group Report

Posted on July 2, 2024 By admin
SEBI Issues Show Cause Notice To Hindenburg, Its Founder Nathan Anderson Over Its Adani Group Report

Representational Image New Delhi: Markets regulator Securities and Exchange Board of India (SEBI) has issued a show cause notice to Hindenburg Research LLC, Nathan Anderson, and the entities of Mauritius-based foreign portfolio investor Mark Kingdon for trading violations in the scrip of Adani Enterprises Ltd. leading up to Hindenburg Report and thereafter.  The regulator has…

Read More “SEBI Issues Show Cause Notice To Hindenburg, Its Founder Nathan Anderson Over Its Adani Group Report” »

Nation

Gautam Adani To His 6.7 Million Shareholders

Posted on June 24, 2024 By admin
Gautam Adani To His 6.7 Million Shareholders

“The world is witnessing the rise of India,” said Gautam Adani Ahmedabad: Gautam Adani, Chairman of the Adani Group, said on Monday that with record results, robust cash positions, and the lowest debt ratios in the company’s history, their path ahead is illuminated with the promise of even greater accomplishments and “the best is yet…

Read More “Gautam Adani To His 6.7 Million Shareholders” »

Nation

Gautam Adani Meets Bhutan PM, King; Signs Deal To Build 570 MW Hydro Plant

Posted on June 17, 2024 By admin
Gautam Adani Meets Bhutan PM, King; Signs Deal To Build 570 MW Hydro Plant

New Delhi: Billionaire industrialist Gautam Adani met the Prime Minister of Bhutan on Sunday and announced the signing of an agreement for a 570 MW green hydro plant in the country. Mr Adani also met Bhutan’s King Jigme Khesar Namgyel Wangchuck along with the prime minister in Thimphu. “Absolutely fascinating meeting with Dasho Tshering Tobgay, Hon….

Read More “Gautam Adani Meets Bhutan PM, King; Signs Deal To Build 570 MW Hydro Plant” »

Nation

Government must ensure corporate takeovers are fair, monopolies are not created: Jairam Ramesh

Posted on June 15, 2024 By admin
Government must ensure corporate takeovers are fair, monopolies are not created: Jairam Ramesh

Congress leader Jairam Ramesh. File | Photo Credit: The Hindu The Congress on June 15 said it is the government’s responsibility to ensure that competition among corporates is not stifled, oligopolies or monopolies do not emerge and corporate takeovers are free and fair. “It is also the government’s responsibility to ensure that undue advantage arising…

Read More “Government must ensure corporate takeovers are fair, monopolies are not created: Jairam Ramesh” »

Business

Bloodbath on D-Street on vote counting day: Sensex suffers worst single-day retreat in 4 years

Posted on June 4, 2024 By admin
Bloodbath on D-Street on vote counting day: Sensex suffers worst single-day retreat in 4 years

In the biggest single-day fall in four years, benchmark stock indices Sensex and Nifty plunged by nearly 6 per cent on Tuesday as vote counting trends showed the BJP may not have a clear majority in the Lok Sabha polls. Reversing its Monday’s sharp gains of over 3 per cent, the 30-share BSE Sensex nosedived…

Read More “Bloodbath on D-Street on vote counting day: Sensex suffers worst single-day retreat in 4 years” »

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