[ad_1] Adani Group began marketing a $409 million bond in what would be its first dollar note sale after a report last year by short seller Hindenburg Research, adding to signs of a rebound in investor confidence.The conglomerate’s solar energy unit Adani Green Energy Ltd and associated firms are offering the 18-year note at initial…
[ad_1] Billionaire Gautam Adani’s conglomerate started two defense facilities in northern India this week at an investment of 30 billion rupees ($362 million), bolstering the country’s campaign to become self-reliant and promote local manufacturing. Built by Adani Defence & Aerospace, a closely held firm in the Adani Group, at Kanpur in the Uttar Pradesh state…
[ad_1] AHMEDABAD: Adani Group-owned Adani Total Gas Limited on Monday announced it has signed a mutual support agreement, with Inox India Limited (INOXCVA), to partner for delivery of LNG and LCNG equipment and services.As part of the agreement, ATGL will get preferential treatment and access to advanced scheduling and consideration for joint opportunities to set…
[ad_1] The main port in Colombo. | Photo Credit: Reuters On January 9, 2024, the United National Party (UNP) proposed incumbent Ranil Wickremesinghe as the national presidential candidate for the elections. This move may garner support from some political parties. In July 2022, six-time Prime Minister Wickremasinghe was chosen for his economic credentials by a…
[ad_1] AHMEDABAD: Adani Green Energy Limited, the renewable energy arm of ports to power conglomerate, Adani Group, on Monday posted a 148% rise in its consolidated net profit for the third quarter of FY 2024. Backed by improved capacity utilisation factor (CUF) and capacity additions, the company posted a robust growth in revenue, EBITDA and…
[ad_1] MUMBAI: A year after US short-seller Hindenburg Research came out with a damaging report against the Adani Group, which led to major wealth erosion, the conglomerate has seen its combined market capitalisation more than double from a low of Rs 6.8 lakh crore recorded on Feb 27, 2023. However, at Rs 14.5 lakh crore,…
[ad_1] Mumbai: Tin roofs, unplastered walls, cramped rooms, streets so narrow that people can barely pass each other — Asia’s largest slum Dharavi has been waiting for a change for decades. The change is now at hand. In the largest urban development plan in the world, the Adani Group announced yesterday that each eligible resident…
[ad_1] Dharavi Redevelopment Project Pvt Ltd (DRPPL), a collaboration between the Adani Group and the government of Maharashtra, announced that eligible residential tenements in Dharavi will receive flats featuring independent kitchens and toilets, with a minimum area of 350 sq ft.This compensatory area is almost 17% larger, marking the highest among slum redevelopment projects in…
[ad_1] Vibrant Gujarat Summit 2024: The Adani Group, led by chairman Gautam Adani, has announced its intention to invest Rs 2 lakh crore ($24 billion) in the green energy and renewable energy sectors in Gujarat over the next five years. Adani made this announcement at the Vibrant Gujarat summit held on Wednesday.This significant investment has…
[ad_1] Adani Group Chairperson Gautam Adani during the Vibrant Gujarat Global Summit 2024, at Mahatma Mandir in Gandhinagar. | Photo Credit: PTI Billionaire Gautam Adani on January 10 announced an investment of over ₹2 lakh crore in Gujarat, largely in building a green energy park that would be visible even from space. Speaking at the…
