Adani Group's Resilience Shines Amidst Persistent Challenges
Newsmen Business Desk -
The strategic investments in core infrastructure businesses, including utilities, transport, and other ventures, contributed significantly to this growth. The Adani Group's response to attacks by short sellers not only thwarted their intended impact but also strengthened the group's position, earning accolades as the best all-round wealth creator in Motilal Oswal's rankings for 2018-2023.
Adani Finalizes Agreement: Sells 49% Stake in Ennore Terminal to Global Shipping Giant
Newsmen Business Desk -
The Ennore terminal, with a valuation of Rs 1,211 crore, including debt, is expected to conclude the transaction in the next three to four months, as stated in an official release by Adani Ports.
Adani Group Announces Rs 8,700 Crore Investment in Bihar
Newsmen Business Desk -
This announcement was made at Gyan Bhavan, Patna, where Adani also formalized a Memorandum of Understanding with the Bihar government.
Adani Ports to raise Rs 5,000 crore via non-convertible debentures
Newsmen Business Desk -
The primary objective behind this capital influx, as articulated by the Gautam Adani-led firm, is to primarily allocate these funds towards the refinancing of its current debt obligations.
Adani stocks outperform Nifty over last seven days
He said that Adani Total Gas -- one stock that has more than doubled investor wealth -- has increased in value over the past seven days by more than 60 per cent.
Adani Green Secures $3 Billion Construction Financing Framework Milestone
Newsmen Business Desk -
The funding is a substantial milestone for AGEL, enabling the initial development of 2,167 MW at the Khavda site, with future plans to expand its renewable capacity to 45 GW by 2030.
Adani Group Stocks Surge Amid Reports of US Government Review Prior to Granting $553 Million Loan Despite Hindenburg Allegations
Newsmen Business Desk -
The International Development Finance Corp. (DFC), which extended up to $553 million for the Sri Lankan project, reportedly found the accusations in Hindenburg's report not applicable to Adani Ports & Special Economic Zone Ltd., the subsidiary leading the project.