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ADANI GROUP DIVESTMENT
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
Global funds, Adani, GMR, others in race for NIIF's smart meter businessGlobal infrastructure investors and domestic smart meter makers are showing strong interest in acquiring IntelliSmart Infrastructure. The c...
Adani to partner with MetTube for copper tubes businessAdani Enterprises is set to divest 50% of its copper tubes business to MetTube Copper India, aiming to enhance domestic copper tube product...
Wilmar International acquires majority stake in AWL Agri Business as Adani Group sells 20% stakeAdani Enterprises has sold a stake in AWL Agri Business to Wilmar International. Wilmar International is now the majority shareholder. The ...
Shapoorji Pallonji Group sells Gopalpur Port to Adani PortsThis is the second port divestment in recent months by the construction and infrastructural conglomerate, following the earlier sale of Dha...
Adani to take call on Wilmar JV stake divestment in three monthsAdani Group, considering divesting its 44% stake in Adani Wilmar, aims to decide within three months, confirmed CFO Jugeshinder Singh. The ...
Norway wealth fund has sold its stakes in Adani companiesAt the end of 2022, the Norwegian fund held shares in Adani Green Energy worth $52.7 million, a stake in Adani Total Gas worth $83.6 millio...
NDTV rallies 5% after founders sell stake to Adani GroupFollowing this, the Adani Group became the single largest shareholder in NDTV after first buying out a company backed by the founders and t...
NDTV founders to divest majority stake to Adani GroupFollowing the recent open offer by Adani Group, AMG Media Network is the single-largest shareholder in NDTV
Jaypee Group exits cement, sells biz to Dalmia BharatThe assets put together have a cement manufacturing capacity of 9.4 million tonnes per annum (MTPA), including clinker capacity of 6.7 mill...
Govt plans to invite EoIs for divestment of RINL by Jan-endTata Steel, JSW Steel and Adani Group have shown "strong interest" in the entity during the pre-bid consultations held in early December, s...
How Adani Group moved stealthily to acquire stake in NDTVWhen India's richest man Gautam Adani unveiled plans for his firm to control a majority stake in New Delhi Television (NDTV) on Tuesday, it...
Looking at 10 acquisition targets, Holcim CEO says after Adani dealHolcim is examining 10 acquisitions with the ability to buy large and small companies, Chief Executive Jan Jenisch said on Monday, after th...
Adani Green Energy to buy 205 MW Solar assets of Essel Group for Rs 1,300 croreThe solar assets have long term Power Purchase Agreements (PPAs) with various state electricity distribution companies, Essel Group said.
India inc biggies in the fray for Rajasthan's Chhabra power plantIn February this year, the Rajasthan government decided to divest the Chhabra plant as well as the Kalisindhi plant in a bid to reduce loss...
Adani Ports in talks with Tatas for cargo handling at DhamraAdani Port held discussions with Tata Steel last week regarding cargo handling at the port. Tata’s arm TM International Logistics currently...
- Adani weighs bid for some of Conocophillips Canadian oil sands assets
Adani has sought a memorandum of information from ConocoPhillips to study the assets but is still yet to take a decision if it will bid for...
- Adani Group to focus on resources, logistics and energy sectors
Adani Group plans to transform and streamline its businesses to focus on 3 core sectors - resources, logistics and energy.
- Adani Welspun may divest oil & gas equity
After power, oil & gas exploration is the next big thing on the radar of the diversified Adani Group.
- Gujarat sells off holding in Guj Adani Port
The Gujarat government has completely divested its stake in Gujarat Adani Port (GAPL), the Adani Group company which has developed and oper...