Page 53 of Adani Group

Adani Defence to acquire 50% stake in Bengaluru-based General Aeronautics

General Aeronautics provides robotic drones and drone-based solutions for crop protection services, crop health, precision farming and yield monitoring using…

May 28, 2022 05:00 IST

APSEZ quarterly profit falls 22 per cent to Rs 1,033 crore

The country’s largest integrated logistics player had clocked a consolidated net profit of Rs 1,321 crore in the corresponding period…

May 25, 2022 11:33 IST

Cement sector set to see new wave of consolidation

The Adani Group’s acquisition of Holcim’s India assets — Ambuja Cements and ACC — for $10.5 billion may further intensify…

Updated: May 19, 2022 08:06 IST

Adani Enterprises to foray into healthcare business

AHVL will have an initial authorised and paid-up share capital of Rs 100,000 (Rs 1 lakh) and would set up…

Updated: May 19, 2022 11:20 IST

“The deal represents 4.87% of the total trade between the UAE and India, which has reached $41 billion between 2020 and 2021,” Syed Basar Shueb, Chief Executive Officer and Managing Director of IHC, said.

Abu Dhabi’s IHC completes investment of Rs 15,400 crore in three Adani companies

IHC has invested Rs 3,850 crore in Adani Green Energy, Rs 3,850 crore in Adani Transmission and Rs 7,700 crore…

May 18, 2022 01:45 IST

Abu Dhabi’s IHC invests Rs 15,400 crore in Adani group companies

IHC has invested Rs 3,850 crore each in AGEL and ATL and Rs 7,700 crore in AEL, the Indian conglomerate…

May 17, 2022 15:36 IST

Gautam Shantilaladani: Audacity is the name of the game for him

He has survived at least two attempts on his life — once when he was kidnapped in 1998, and the…

Updated: May 17, 2022 09:18 IST

The open offer pricing is at a 7% premium to Ambuja and 9% to ACC Friday’s closing price. This entails additional investment of Rs 31,100 crore at 100% successful open offer, IDBI Capital said in a note.

Adani family makes open offer for Ambuja Cements, ACC stakes

The Adani Group, helmed by billionaire Gautam Adani, has made offers of Rs 385 a share for Ambuja Cements and…

May 17, 2022 02:30 IST

This is because there is no capital taken out of the country, while Holcim has also not provided assurance of any indemnities or warranties. Further, all liabilities arising out of ongoing litigations would have to be dealt by the new owners, he said.

No capital gains or any other tax for Adani deal: Holcim CEO Jan Jenisch

Mauritius-based Holderind Investments, which holds a 63% stake in Ambuja Cements, can claim exemption from capital gains tax under the…

May 17, 2022 00:30 IST

Six key details of Adani’s acquisition of Ambuja, ACC from Holcim: A fact sheet on India’s largest cement deal

On one hand the deal, which is the largest acquisition for the conglomerate, will make Adani Group the second largest…

Updated: May 16, 2022 12:27 IST

stocks in focus, stocks to watch, ambuja cements, tech mahindra

Tech Mahindra, Ambuja Cements, Maruti Suzuki, Eicher Motors, DMart, Nazara Technologies stocks in focus

Indian equity markets are likely to open on a positive note on Monday as ahead of the session, SGX Nifty…

May 16, 2022 08:08 IST

Adani to acquire Holcim India assets for $10.5 billion: Deal to propel group to second slot in cement

Adani Group’s acquisition of Holcim’s stake in Ambuja would immediately propel the company to the second slot, with a total…

May 16, 2022 04:45 IST

FirstMeridian Business Services files Rs 800-crore IPO papers with SEBI, promoters to trim stake via issue

Shares of FirstMeridian Business Services will list on the BSE and National Stock Exchange (NSE).

May 12, 2022 14:58 IST

The Birlas have formally put in a bid for Holcim's assets. The acquisition will be done through Ultratech, a source in the know of the development told PTI.

Ultatech makes a formal bid for Holcim’s India assets

The JSW Group, which is already present in the sector and the Adani Group which does not have a presence,…

May 11, 2022 22:17 IST

JSW Group to battle it out with Adani in the battle for Holcim’s India cement assets

The company will offer $4.5 billion in its own equity and $2.5 billion from undisclosed private equity partners for the…

Updated: May 10, 2022 14:46 IST

Adani Total Gas net falls 47.5% in Q4

The company posted a net profit of Rs 76 crore in January-March compared with Rs 145 crore in the year-ago…

May 4, 2022 20:01 IST

Its revenues from operations increased 40.2% y-o-y to Rs 14,960 crore, while the Ebitda (earnings before interest, tax, depreciation and amortisation) increased 21% y-o-y to Rs 426 crore.

Adani Wilmar net profit dips 26% to Rs 234 crore in Q4

The company’s total expenses during the quarter surged over 40% on a y-o-y basis to nearly Rs 14,725 crore, led…

May 3, 2022 05:50 IST

Adani Group sets up wholly-owned media arm AMG Media Networks

Adani’s latest move will pitch it against Mukesh Ambani’s Reliance Industries that owns Network18, as well as other key players…

April 28, 2022 08:13 IST

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