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.
The Adani Group will invest Rs 8,700 crore in Bihar, a senior official of the company said during the Bihar Business Connect-2023, a two-day global investors summit that concluded on Thursday.
Adani said, "In the cement sector, we will invest in excess of Rs 1,700 crore to expand our Ambuja Cement, Rs 300 crore to enhance our Roorkee plant."
The Adani Group on Saturday denied allegations of irregularities in the Maharashtra government’s recent notification pertaining to modifications in the Development Control (DC) rules for the ambitious Dharavi Redevelopment Project (DRP).
DFC said the investment will bolster Sri Lanka’s economic growth and “its regional economic integration, including with India, a key partner to both countries”.
Adani’s statement comes a day after Supreme Court lawyer Jai Anant Dehadrai filed a complaint with the Central Bureau of Investigation, in the form of an affidavit