Gautam Adani

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…

Adani Group Acquires One Of India’s Biggest Aviation Company

Adani Group Acquires One Of India’s Biggest Aviation Company

On Tuesday, the multibillion-dollar Adani Group announced that it would acquire Air Works, one of India’s largest and most diverse aircraft Maintenance, Repair, and Overhaul (MRO) companies, as part of its expanding defence portfolio. Adani Defence Systems and Technologies Ltd (ADSTL) announced the signing of a merger agreement to acquire Air Works, which has one…

Nykaa Founder Falguni Nayar Became India’s Richest Woman

Nykaa Founder Falguni Nayar Became India’s Richest Woman

Nykaa’s founder Falguni Nayar overtook Kiran Mazumdar-Shaw and has become India’s richest woman, as per the IIFL Wealth Hurun India rich list 2022, which was unveiled on Wednesday. With a net worth of ₹38,700 crores, she secures 33rd position in the top 100 billionaire list. She is the most successful woman entrepreneur in India and…

Gautam Adani Now The World’s Third Richest Person

Gautam Adani Now The World’s Third Richest Person

Gautam Adani, Asia’s richest person, has become the world’s third richest man. With a whopping $ 137.4 billion fortune, Gautam Adani has taken over France’s businessman Bernard Arnault and now trails Elon Musk and Jeff Bezos of the US in the ranking.  It is the first time an Asian has broken into the top three…

Adani Group To Acquire 29.18% Stake In NDTV, 26% In Line  

Adani Group To Acquire 29.18% Stake In NDTV, 26% In Line  

Indian billionaire Gautam Adani’s conglomerate on Tuesday said it seeks to control the majority of stake in a popular news channel New Delhi Television (NDTV).  Hours after the announcement, NDTV issued a statement that the Adani Group’s move “was executed without any input from, conversation with, or consent of the NDTV founders. According to Adani…

5G Spectrum Sees Record-breaking Sales Of 1.45 Lakh Cr. On First Day

5G Spectrum Sees Record-breaking Sales Of 1.45 Lakh Cr. On First Day

The government saw record-breaking sales of 1.45 lakh crore on Tuesday, the first day of the 5G spectrum auction. This amount is much higher than sales in 2015 of 1.1 lakh crore. The highly desired high-speed network is expected to roll over in top cities in India from September-October.  The auction for the 5G spectrum…

Gautam Adani Bought Israel’s Haifa Port For Rs 9422 Crore 

Gautam Adani Bought Israel’s Haifa Port For Rs 9422 Crore 

Asia’s richest man, Gautam Adani, wins control of Israel’s Haifa Port for Rs. 9422 Crores. A remarkable meeting of the I2U2 group of countries, including India, Israel, the United Arab Emirates and the United States, took place last week. US President – Joe Biden, Israeli PM -Yair Lapid, UAE’s Ruler -Mohammed Bin Zayed and Indian…

Adani Group Enters 5G Spectrum, Reliance Jio, and Bharti Airtel In Competition

Adani Group Enters 5G Spectrum, Reliance Jio, and Bharti Airtel In Competition

Billionaire Gautam Adani’s group on Saturday confirmed its entry into the race to acquire a 5G spectrum, for which they have to apply for participation in the upcoming 5G spectrum auction. The company will use the technology to create a private network to support its business from airports to power as well as data centres.  …

Adani, TotalEnergies Joins Hands To Invest In Green Hydrogen

Adani, TotalEnergies Joins Hands To Invest In Green Hydrogen

Adani New Industry Ltd (ANIL) teamed up with TotalEnergies to invest $50 billion in green hydrogen, the deal was announced on Tuesday. French giant TotalEngeries will buy a quarter of the equity in ANIL, part of Adani’s eponymous group. The company will invest a set amount for a period of over ten years.  With this…

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