Adani infuses Rs 8,339 crore into Ambuja Cements, raises stake to 70.3%
Last month, it infused Rs 6,661 crore into the cement company raising their stake in the company by 3.6 to 66.7 per cent.
Last month, it infused Rs 6,661 crore into the cement company raising their stake in the company by 3.6 to 66.7 per cent.
AGEL currently has an operating portfolio of 10,934 megawatts, and is targeting 45 GW of renewable energy capacity by 2030.
For the first time since the Hindenburg crisis, the Adani Group met with investors in Singapore, marketing an overseas bond to bolster investor confidence around its businesses before fresh bond sales.
According to sources, the Adani Group is likely to explore partnerships with major Indian vehicle manufacturers to further build the fleet in the key sunrise sector.
According to reports, Adani Green Energy is discussing the planned transaction with a group of foreign banks including a US firm.
Adani Group’s seven out of 10 stocks are still trading below the levels seen a year ago exactly one year since the release of a scathing report by short seller Hindenburg Research.
The group is also building a new airport for Mumbai, and redeveloping the city’s sprawling Dharavi slum.
Faith of India’s retail investors remained intact in Adani Group's stocks even a year after Hindenburg Research’s scathing report last January.
The apex court said the Centre and SEBI would look into whether Hindenburg Research violated any law on short-selling.
The Adani Group’s market cap is now Rs 14.4 lakh crore and is on course to touch Rs 15 lakh crore (nearly $180 billion).
