Stay updated with the latest news and articles about Adani Group.
With the approval of DRHP submitted before the SEBI, Adani Wilmer will be able to float an initial public offering (IPO) to raise around Rs 4,500 crore. Meanwhile, Star Health and Allied Insurance are planning for a Rs 5,500 crore initial public offering.
The announcement comes just weeks after the Mudra drug haul case in Gujarat.
Adani Green Energy Ltd. (AGEL) has acquired solar power producer SB Energy India for an enterprise value of $3.5 billion. The deal marks the largest acquisition in the renewable energy sector in India.
Adani group is going to invest in renewable energy generation and component manufacturing about $20 billion over the next 10 years and the world’s cheapest green electron will be produced by Adani group.
The Mumbai International Airport Ltd. is a joint venture between Adani Group and Airports Authority of India.
The company was estimated to suffer a loss of ₹682.46 crores last year. The total net investment earned is said to be ₹7,213.21 from ₹5,356.19. It has been reported that power units sold 16.2 billion units for Q1 FY'22 which were comparatively more in volume than Q1 FY'21 with sales of 12.7 BU.
Jyotiraditya Scindia informed about the Scindia while responding to a question asked by Mahua Moitra.
Earlier on Monday, the Minister of State for Finance Pankaj Chaudhury told the Parliament that some entities of the Adani Group were under investigation by the Securities and Exchange Board of India(SEBI) over compliance with the regulator's rules.
Adani Group won competitive bids for the operation of airports in cities including Ahmedabad, Jaipur, Mangalore, Lucknow, Guwahati and Thiruvananthapuram.
Showing 90 of 98 articles