Adani Enterprises

Paytm's IPO braved stock market when global fintech was drowning
IANS -
Overall, Paytm IPO is the 4th largest fintech stock debut. "Paytm, which opened at an offer price of Rs 2,150 braved the markets on a tough day and its share price was also impacted. But Paytm came out stronger than how most other fintech companies fared during the same time," said Dr Ravi Singh, Research Head, Share India.
Fintech platform Refyne raises $82 mn to simplify personal finance
IANS -
The platform enables employees to withdraw their earned salary in real time before the payment is due, thus reducing debt traps by providing instant access to earned salary. The Earned Wage Access (EWA) solution provider said the since its inception (December 2020), it has raised a total of $106 million.
Fintech platform Refyne raises $82 mn to simplify personal finance
IANS -
The platform enables employees to withdraw their earned salary in real time before the payment is due, thus reducing debt traps by providing instant access to earned salary.
Fintech startup MetaMap raises Rs 530 cr in new Series B funding
IANS -
The new capital brings the company's total funding to date to Rs 630 crore and will be used to invest in product development and furthering its international expansion as it furthers its mission to help billions of people unlock online services and experience upward mobility.
RIL biggest wealth creator in India, Adani Transmission fastest: Study
Newsmen Business Desk -
India's financial sector has emerged as the top value creator between 2016 and 2021 and it will continue to dominate wealth creation for quite some in the near future as well, Motilal Oswal Financial Services has said in its 26th Annual Wealth Creation Study 2021.
Gautam Adani’s realty unit to take over Ozone Group: Report
Newsmen Business Desk -
Adani Realty Ltd. and  Ozone group representatives are yet to comment on the matter and the deal could still fall apart, the report added. Adani Realty has been developing residential and commercial projects of more than 69 million square feet across Indian cities of Ahmedabad, Mumbai, Gurgaon, Kochi, and Mundra.
Gautam Adani signs world's largest Green PPA with SECI to supply 4,667 MW green power
Newsmen Business Desk -
The Chairman of the Adani Group also said that he is pleased to have signed the world's largest PPA with SECI. Gautam Adani further said that this deal is yet another step to promote India's ambitions of achieving climate goals and promoting domestic manufacturing.
Adani Transmission PAT of Rs 289 cr in Q2FY22, up 35% YoY
IANS -
The company recorded a double-digit growth in consolidated revenue on account of strong growth in both transmission and distribution segments. Strong revenue and EBITDA trends translating into PAT increase of 34.9 per cent YoY and 26.8 per cent YoY on quarterly and semi-annual basis, the company said. The growth in transmission business was supported by incremental contribution from newly operational lines and recently-acquired Alipurduar asset.
Adani Green's operational capacity increased by 93% to 5,410 MW
IANS -
Continued growth in EBITDA from Power Supply and Cash Profit is supported by increase in revenues and cost efficiencies brought in through analytics driven O&M. AGEL's overall renewable portfolio increases to 20,284 MW on account of completion of acquisition of SB Energy's India Renewable portfolio of 4,954 MW, which includes 1,700 MW operational assets and award of 450 MW Wind project from SECI in Oct 2021.
Adani Enterprises' consolidated EBIDTA for H1 FY22 rose by 77% to Rs 2,210 cr
IANS -
For Q2 2022, consolidated total income increased by 46 per ent to Rs 13,597 crore due to significant increase in index prices in IRM segment. Consolidated EBIDTA increased by 33 per ent to Rs 1,262 crore due to increase in revenue and better margins in IRM business. Consolidated PAT attributable to owners from Established Businesses increased by 67 per cent to Rs 579 crore in line with higher EBIDTA.
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