Adani Green sets up 3 new subsidiaries; stock surges over 3%
These new subsidiaries are Adani Renewable Energy Thirty Six, Adani Renewable Energy Forty Ltd, and Adani Renewable Energy Forty Seven Ltd.
adani group
October 2022
September 2022
Adani Enterprises secures ₹10,238 cr financing for Ganga expressway
State Bank of India has underwritten the entire debt requirement of ₹10,238 crore for the Ganga expressway projects, says Adani Enterprises.
Adani Group to invest $100 billion in 10 years: Gautam Adani
Gautam Adani says that the Adani Group has earmarked 70% of this investment for the energy transition space.
Adani Group pledges entire stake in ACC, Ambuja for $13 bn; stocks fall 5%
Billionaire Gautam Adani-led Adani Group has pledged about 57% of ACC shares and 63% of Ambuja Cements with Deutsche Bank AG’s Hong Kong branch as collateral for loans.
Ambuja Cements, ACC rally up to 11% as Adani completes acquisition
Shares of Ambuja Cements surged 10.8% to hit a fresh all-time high of ₹572; ACC stock price gained 4.07% to touch a high of ₹2,721.35 during the session.
Ambuja Cements rises 5% in weak trade; here’s why
Ambuja Cements shares have surged 87% in the past six months, from its 52-week low of ₹274 on March 8, 2022, to all-time high of ₹511.8 intraday today.
Charting A Family Succession
With multiple stakeholders, succession planning is not only important to pass on the family wealth to the next generation but also to avoid bitter disputes.
Reliance Infra up 6% after arbitration claim against Adani Transmission
Anil Ambani’s R-Infra files an international arbitration claim worth ₹13,400 cr against Adani Transmission before Mumbai Centre for International Arbitration.
Adani's Green Power
The world's third-richest person is planning to invest $70 billion in green businesses, the largest such commitment in the world by any corporate.
'Calculation errors' in Adani debt report; no change in investment advice: CreditSights
Fitch Group's debt research firm CreditSights says it discovered calculation errors it had made in two of the Adani Group companies -- Adani Transmission and Adani Power
