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Tag: Adani

Adani Ports to buy back another $195 million of bonds

Posted on September 27, 2023 By admin
Adani Ports to buy back another 5 million of bonds

In a stock exchange filing, APSEZ said it will buy back $195 million of bonds due in 2024 using its cash reserves. File photo of Adani Group Chairman Gautam Adani. | Photo Credit: PTI Adani Ports and Special Economic Zone will prepay $195 million of debt due in 2024 as the conglomerate helmed by Gautam…

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Business

‘Adani scam’ exposed role of tax havens in hiding violation of Indian regulations: Jairam Ramesh

Posted on September 14, 2023 By admin
‘Adani scam’ exposed role of tax havens in hiding violation of Indian regulations: Jairam Ramesh

Senior Congress leader Jairam Ramesh. File | Photo Credit: The Hindu The Congress on September 14 alleged that the “Adani scam” has exposed the role tax havens play in hiding large-scale violation of Indian laws and said the issue should have been discussed at the recent G20 Summit. It also said that if a Joint…

Read More “‘Adani scam’ exposed role of tax havens in hiding violation of Indian regulations: Jairam Ramesh” »

Business

Adani Enterprises Arm To Build 5.2 MW Wind Turbine Generators

Posted on September 13, 2023 By admin
Adani Enterprises Arm To Build 5.2 MW Wind Turbine Generators

New Delhi: Adani Enterprises Ltd said on Wednesday that its arm Adani New Industries Ltd has received a key international certification and will now be able to start production of 5.2 MW series wind turbine generators for global markets. The company was so far manufacturing and supplying 5.2 MW Wind Turbine Generators (WTGs) for domestic…

Read More “Adani Enterprises Arm To Build 5.2 MW Wind Turbine Generators” »

Business

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

Adani Group Forms Joint Venture With Japanese Trading House Kowa Group

Posted on September 8, 2023 By admin
Adani Group Forms Joint Venture With Japanese Trading House Kowa Group

New Delhi: Billionaire Gautam Adani’s group on Friday said it has formed an equal joint venture with Japanese trading house Kowa Group for marketing of green ammonia and green hydrogen produced by the Indian conglomerate. “Adani Global Pte Ltd, Singapore, a step-down wholly-owned subsidiary of (Adani Enterprises Ltd) has signed a joint venture agreement with…

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Business

Adani Group Rejects Recycled Allegations In OCCRP Report

Posted on August 31, 2023 By admin
Adani Group Rejects Recycled Allegations In OCCRP Report

According to the Adani Group, the claims were based on closed cases from a decade ago. New Delhi: The Adani Group today categorically rejected allegations of hidden foreign investors in a report by the George Soros-owned Organised Crime and Corruption Reporting Project. “We categorically reject these recycled allegations. These news reports appear to be yet…

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Nation

Adani Enterprises climbs 2% after promoters raise stake

Posted on August 22, 2023 By admin
Adani Enterprises climbs 2% after promoters raise stake

File. | Photo Credit: Reuters Adani Enterprises Ltd. gained 2.24% to ₹2,697.70 on the BSE on August 22 after the promoter group increased its stake in the Adani Group holding company by 2.22%. Earlier, the stock rose to as much as ₹2,720.65, up 3.10%, in intraday trade. On the NSE, the stock added 2.09% to…

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