Gautam Adani

Adani’s Ambitious $100 Billion Green Energy Vision

Adani’s Ambitious $100 Billion Green Energy Vision

In the ‘Infrastructure – the Catalyst for India’s Future’ event of Crisil, the chairman of Adani Group, Gautam Adani, made remarks about the 1991 reforms and the current governance of India. He further shared his plans to invest $100 billion in the energy transition in the coming decade.  Mr Adani mentioned at the conference, “The…

Mumbai Is Asia’s Billionaire Capital For The First Time

Mumbai Is Asia’s Billionaire Capital For The First Time

For the first time, Mumbai has clinched the title of Asia’s billionaire capital. Shanghai-based Hurun Research Institute makes the announcement. With 92 billionaires, Mumbai, the Maximum City, is the third billionaire city after New York (119) and London (97).  Two popular business tycoons, Mukesh Ambani, with $115 billion in assets, and Gautam Adani, with $86…

Adani Group To Sell Adani Wilmar’s 43.97% Stake 

Adani Group To Sell Adani Wilmar’s 43.97% Stake 

Adani group has made a big announcement, where it said that it will be selling its entire stakes in the food and beverage company Adani Wilmar. Adani Group has a 43.96% stake in the company, which is said to be finalised by next month.  According to a report by the Economic Times, the conglomerate aims…

SC Will Hear Pleas In Adani-Hindenburg Case Today

SC Will Hear Pleas In Adani-Hindenburg Case Today

The Supreme Court will hear the pleas seeking a probe into the Adani-Hindenburg case. As per rumours, the three-judge bench led by the Chief Justice Of India (CJI) will hear the different pleas. On Monday, the Supreme Court of India adjourned SEBI’s petition in which the capital market regulator sought a 6-month extension to conclude…

Adani Ports And SEZ To Pay $ 130 Million Of Debts

Adani Ports And SEZ To Pay $ 130 Million Of Debts

Adani Ports and Special Economic Zone combined to pay $ 130 million of its debt. The APSEZ company offered nearly $413 million worth had been tendered for early payment.  The company, APSEZ, announced a tender of up to $ 130 million of 3.375 per cent dollar-denominated bonds, set to mature in 2024. It also stated…

Adani Group’s Total Debt Surpasses 1% of Indian Economy

Adani Group’s Total Debt Surpasses 1% of Indian Economy

Gautam Adani’s troubles continue as the total debt of his companies surpasses 1% of the Indian Economy. After Hindenburg Research issued a staggering report that alleged Adani group in accounting fraud and stock manipulation, the stock price of Adani’s various companies kept stumbling. In between this, various economic forums find out the amount of debt…

Gautam Adani Success Story: Inspiration For Young Entrepreneurs

Gautam Adani Success Story: Inspiration For Young Entrepreneurs

Reading the life story of any famous personality gives you a lot of insight into how they became successful and overcame challenges in their life. Their stories give us a lesson to do better in our life. Do you agree? And Gautam Adani is one such splendid personality in the Indian business who has made…

Adani Enterprise Plans To Launch Rs.20,000 Cr. FPO

Adani Enterprise Plans To Launch Rs.20,000 Cr. FPO

The Adani Enterprise, a flagship of the Adani Group is expected to start the documentation process with the Securities Exchange Board Of India (SEBI) to file for an FPO (Follow-on public offer) worth rupees 20,000 crores. This FPO is likely to be the largest, succeeding the Yes Bank FPO that raised 15,000 crores in the…

Indian Oiltanking Signed Agreement With Adani Ports

Indian Oiltanking Signed Agreement With Adani Ports

On Wednesday, Adani Ports and the Special Economic Zone Ltd. (APSEZ) announced that it acquired a 49.38% stake in Indian Oiltanking for Rs 1,050 crore.  APSEZ, a flagship transportation sector of the Adani group, is India’s largest private ports and logistics company.  Under the agreement, Adani Ports will also obtain an additional 10% equity stake…

Adani Group Would Invest $150 Bn To Generate Green Energy

Adani Group Would Invest $150 Bn To Generate Green Energy

Currently, the Gautam Adani Group is trending as the richest business all over the country. The Adani Group is willing to invest an amount of USD 150 billion all across its businesses. The Adani Group would convert a wide range of their business to work on green energy, such as using renewable resources in data…

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