Adani Group
Adani Defence and Aerospace to acquire Air Works for enterprise value of Rs 400 cr
Air Works has developed extensive operational capabilities within the country for key defence and aerospace platforms. From the first P-8I aircraft Phase 32 checks to Phase 48 checks and MRO on the landing gear of Indian Air Force's 737 VVIP aircraft, Air Works undertakes base maintenance for ATR 42/72, A320 and B737 fleet of aircraft from its EASA and DGCA-certified facilities at Mumbai, Delhi, Hosur and Kochi.
Adani Agri Logistics secures LoA from FCI for silo complexes
Based on the LoA, AALL will develop and operate state-of-the-art silo complexes at four locations -- Kanpur, Gonda and Sandila in Uttar Pradesh and Katihar in Bihar, in line with the government of India's objective of modernising India's storage infrastructure, creating a total silo storage capacity of 3.5 lakh MT.
CWC vs Adani Ports SEZ: SC sets aside Gujarat HC order directing CWC to seek waiver as SEZ compliant
A bench comprising Justices B.R. Gavai and C.T. Ravikumar said: "We are... of the considered view that the impugned judgment and order of the High Court dated 30th June 2021 is not sustainable in law." The top court said the high court forced the MD of the CWC, which is a statutory body, to accept the first two conditions and leave the third condition to be settled mutually through mediation.
Bengal government hands over LoI for Tajpur Port to Adani Group
The LOI was handed over to Karan Adani, the CEO of Adani Port & SEZ Ltd and son of Adani Group's founder-Chairman, Gautam Adani by Chief Minister Mamata Banerjee, during a Vijaya Sanmilani gathering at New Town, a state government statement said.
Gautam Adani announces investments worth Rs 60,000 crore in Rajasthan
Both CM Gehlot and Gautam Adani arrived for the media interaction in the same e-vehicle. While Gehlot sat next to the e-rickshaw driver, Adani, Torrent Group Chairman Sudhir Mehta and Speaker C.P. Joshi sat came in the rear seat.After Adani and Mehta, Rajasthan Cricket Association President Vaibhav Gehlot interacted with the media. Gehlot himself did not say anything.
Competition Commission approves Adani Power's acquisition of Diliigent Power, DB Power
A public listed company incorporated in India with its shares listed on BSE Ltd as well as the National Stock Exchange of India Ltd, Adani Power has eight operational power plants in India. It has power generation capacity of 13,650 mw comprising thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, and Chhattisgarh and a 40 mw solar power project in Gujarat.
Adani Group will invest over $100 bn of capital in next decade: Gautam Adani
"This optimism is the wind in my sails that has made us India's most valued business. It is the fire that flames my belief in the India growth story. It is the blue in the sky that Indians believe to be the symbol of the limitless. A democracy whose time has come cannot be stopped and India's time has arrived," Adani said.
Adani Transmission to become net-zero by 2050
As a part of its continued focus on sustainable growth and its net zero journey, ATL committed for the SBTi in October 2021. ATL will act in alignment with the much-needed climate action and devise a strategy to restrict global warming to 1.5 degree Celsius.
Adani becomes India's second largest cement player
The value of the Holcim stake and open offer consideration for Ambuja Cements and ACC is $6.50 billion, which makes this the largest ever acquisition by Adani, and also India's largest ever M&A transaction in the infrastructure and materials space. Post the transaction, Adani will hold 63.15 per cent in Ambuja Cements and 56.69 per cent in ACC (of which 50.05 per cent is held through Ambuja Cements).
Setback for NDTV as I-T Dept says no bar on warrant conversion
On 23.8.2022, Adani group's AMG Media Networks announced its subsidiary Vishvapradhan Commercial Private Ltd's (VCPL) decision to exercise its rights to acquire 99.5 per cent of equity shares of RRPR, the investment company of NDTV promoters - Prannoy Roy and Radhika Roy.
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