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Adani Group News
Adani Group's shares witness huge upheaval after news of account freeze of 3 foreign funds by NSDL
Mon, Jun 14, 2021
Shares of Adani group companies fell sharply after the news of National Securities Depository Limited (NSDL) taking action against three foreign funds from top stakeholders in the firms. But by the time the market closed, all these stocks again saw a decent recovery.
Metal and Banking shares to HDFC Life - here are top Buzzing Stocks today
Tue, Apr 27, 2021
Ignoring the weak trend in Asian markets, domestic stock markets were trading at with a gain of around 0.80% in Tuesday’s noon deals amid a healthy buying in metal.
Lenders of DHFL ask bidders to further sweeten offers; know SBI, EPFO, LIC exposure
Mon, Nov 02, 2020
Not satisfied with the bids received, lenders of Dewan Housing Finance (DHFL) have asked the four suitors, including Adani Group and Piramal Enterprises, to come up with improved offers for the beleaguered firm in the next few days.
World’s largest solar award! Rs 45k cr investment and 4 lakh jobs! Adani Green Energy bags first-of-its-kind solar agreement
Tue, Jun 09, 2020
In a major development, Adani Green Energy Limited has won the first of its kind manufacturing linked solar agreement from the Solar Energy Corporation of India (SECI).
Adani Group, AAI sign pacts for managing Ahmedabad, 2 other airports
Fri, Feb 14, 2020
Adani Group on Friday inked agreements with state-owned Airports Authority of India (AAI) for the management, operations and development of Ahmedabad, Mangaluru and Lucknow airports
Stocks in Focus on January 14: Bharti Airtel, Hindalco to JP Power; here are the 5 Newsmakers of the Day
Tue, Jan 14, 2020
Bharti Airtel, Delta Corp, Hindalco, Adani Group and ICICI Bank are expected to remain newsmakers throughout the intraday trade session.
Soaring airport biz makes this firm an appealing stock: Experts reveal why it is set to rise
Wed, Apr 24, 2019
GMR management is focussed on steady expansion of the airport vertical and repayment of corporate debt via asset monetisation
Jaypee Infratech lenders unlikely to entertain possible Adani Group bid; Sources
Mon, Apr 22, 2019
Jaypee Infratech's Interim Resolution Professional (IRP) Anuj Jain informed last week that a meeting of the committee of creditors (CoC) would be held on April 26.
Adani Group wins projects across coal, gas, highways in competitive bidding
Sun, Apr 21, 2019
Billionaire Gautam Adani-led Adani Group has in open competitive bidding bagged a string of projects ranging from highway construction to development of airports, coal mining and city gas retailing in the last few years
Boost to renewable energy: Adani enters retail distribution of solar energy business
Mon, Mar 11, 2019
Adani Solar announced the launch of their retail distribution business to Delhi and Uttar Pradesh with Chemitech Solar as exclusive Channel Partners for the region.
Adani Group emerges highest bidder for Guwahati airport
Wed, Feb 27, 2019
Adani Group has emerged as the highest bidder to operate Guwahati airport, a senior AAI official said Tuesday.
Adani Logistics to acquire agri-logistics arm from AEL by March 2019
Mon, Feb 25, 2019
After the acquisition, combined business would also benefit from leveraging significant opportunity for handling multiple commodities and transportation.
Adani group wins bids to operate five airports - Here is how Airports Authority chose the winner
Mon, Feb 25, 2019
A total of 32 technical bids were received from 10 companies to operate six airports that are currently under AAI's management. In November last year, the government had cleared a proposal for managing six AAI-run airports on public-private partnership (PPP) basis.
Vibrant Gujarat 2019: Adani, Ambani, others line up big investments
Sat, Jan 19, 2019
Top industrialists pledged further investments on Friday after Prime Minister Narendra Modi told the Vibrant Gujarat Global Summit that India is poised to be placed among the top 50 countries in ease of doing business by 2020.
Gas retailing bids: Adani goes for 52 cities, GAIL Gas eyes 30; RIL-BP JV skips
Tue, Jul 10, 2018
Adani Gas Ltd bid for 32 cities on its own and another 20 cities in equal joint venture with state-owned Indian Oil Corp (IOC). Bidding for the biggest city gas distribution licensing round, offering 86 permits for selling CNG and piped cooking gas in 174 districts in 22 states and union territories, closed today. India Gas Solutions Pvt Ltd -- the 50:50 JV of UK's BP plc and Reliance Industries, looked very closely to foray into city gas distribution but dropped out at the last moment, they said.
Adani Group to raise Rs 5,000-6,000 cr via stake sale in subsidiaries
Sun, Jul 01, 2018
The Adani Family through trusts and other entities hold controlling interest in entities including Adani Enterprises (AEL), Adani Ports and SEZ (APSEZ), Adani Power (APL), Adani Transmission (ATL) and Adani Green Energy (AGEL).
Adani group emerges as highest bidder with Rs 6,000 cr offer for Ruchi Soya
Tue, Jun 12, 2018
The Committee of Creditors (CoC) of Ruchi Soya, in its meeting held today, opened the bids submitted by the two contenders -- Patanjali group and Adani Wilmar, which sells cooking oil under the Fortune brand. The CoC has decided to conduct Swiss challenge method to maximise the asset value of Ruchi Soya.
Ruchi Soya in demand! Patanjali revises bid to beat Adani group
Mon, May 28, 2018
Patanjali Ayurveda has raised its bid to acquire Ruchi Soya and had made the revised offer to the Committee of Creditors (CoC) for the debt ridden company, sources said.
Big relief for Adani group, SC sets aside NGT order on Adani Hazira Port
Thu, May 03, 2018
In a relief to the Adani Group, the Supreme Court has set aside the National Green Tribunal’s (NGT) order cancelling the environmental clearance granted to Adani’s port in Hazira, Surat. In 2016, the NGT had set aside the 2013 environmental clearance of the port following a petition against Adani Hazira Port Pvt Ltd by fishermen group — Hazira Macchimar Samiti.
Adani Group's Rs 9,761 crore market value wiped-off on BJP leader's remark
Thu, Mar 08, 2018
A day after senior BJP leader Subramanian Swamy's remark on Gautam Adani's alleged PSU bank debt, shares of Adani Group companies tumbled over seven per cent on the domestic bourses on Wednesday, wiping-off Rs 9,761.3 crore in market capitalisation (m-cap).