Tag: Adani Group
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After NDTV, Adani Acquires IANS News Agency In Just ₹5.1 Lakh. How So Cheap?
The Adani Group, has acquired a 50.5% stake in IANS, the Indo-Asian News Service. This move is notable because the purchase price was just ₹5.1 lakh, an amount that seems quite small for such a big share in a well-known news agency. Do you remember the last NDTV acquisition by Adani Group? It was nearly ... -
AdaniConneX Raises ₹8.2 Crore For Data Centers In India
AdaniConneX, a joint venture between the Adani Group and EdgeConneX, has secured a significant financing deal worth $213 million for the construction of two data centers in India. The funding will support the development of data center projects in Chennai and Noida, offering customized colocation services and hyperscale solutions. The Chennai facility, known as “Chennai ... -
Adani Digital To Acquire Online Train Booking Platform Trainman
Adani Enterprises Limited (AEL), the flagship company of Adani Group, has revealed its intention to acquire Trainman, an online platform that provides train booking and information services. The announcement was made on Friday, and the acquisition is expected to be completed soon. Adani Enterprises Limited (AEL) has announced that its subsidiary, Adani Digital Labs Private ... -
2 Adani Companies Exits From MSCI Global Standard Index
MSCI India Index has decided to exclude Adani Transmission & Adani Total Gas from the index as a part of its quarterly comprehensive index review. MSCI Inc announced on Thursday that two Adani group companies, namely Adani Transmission Ltd and Adani Total Gas Ltd, will be removed from the MSCI India index. The order will ... -
Adani Group’s ₹493 Crore Open Offer For NDTV Starts Today
Adani Group is acquiring 26% stake in NDTV. The group has opened ₹493 crore offer & the price band has been fixed ₹294 per share. The open offer by the Gautam Adani-led Adani Group to buy an additional 26% of New Delhi Television Ltd. from the market will begin on Tuesday, November 22. According to ... -
Adani Group To Become Most Profitable Cement Manufacturer In India
Adani Group has completed the acquisition of 2 cement companies. Gautam Adani has revealed the growth scope, business goals & future plans of Adani Group. Billionaire Gautam Adani stated that his company has plans to treble cement manufacturing capacity and become the most profitable producer in the nation days after finalizing a USD 6.5 billion ... -
France’s Total to buy 20% stake in Adani Green Energy
20% minority interest in Adani Green Energy (AGEL) are being acquired by France’s Total SE. Furthermore, Total is also planning to acquire operative solar assets’ half of ownership, cumulatively for $2.5 billion. According to the deal struck, Total will take up 50% stake in 2.35 GW portfolio of operating solar assets that are owned by ... -
Farmers Pull-In Billionaires Into Centre Fight Over Amended Bill
Farmers Pull-In Billionaires: The farming law saga has finally pulled in India’s richest into the privatization of the farming controversy. This includes Mukesh Ambani and Gautam Adani. In response to the discovery that (probably) Ambani could be roped in for the private buying drive of grains from the Indian farmers, farmers had vandalized his company’s ...