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Adani Group stocks plunge after US indictments

General

21 November, 2024

Adani Group stocks plunge after US indictments

Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors ......

Adani-owned Ambuja Cements to acquire Orient Cement

Manufacturing

22 October, 2024

Adani-owned Ambuja Cements to acquire Orient Cement

Adani Group company Ambuja Cements said Tuesday it has agreed to acquire CK Birla group company Orient Cement Ltd (OCL) ......

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Grapevine: Adani eyes Heidelberg's India unit; Saregama may buy into Dharma Productions

General

07 October, 2024

Grapevine: Adani eyes Heidelberg's India unit; Saregama may buy into Dharma Productions

Adani Group is in talks to acquire the Indian cement operations of Germany’s Heidelberg Materials, a media report said.  The deal ......

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Grapevine: Adani eyes another cement maker; SP Group firm raising funding

General

20 September, 2024

Grapevine: Adani eyes another cement maker; SP Group firm raising funding

Adani Group is close to acquiring a 46.64% stake in ITD Cementation India for Rs 5,889 crore ($700 million), including ......

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Grapevine: Torrent may buy into CVC-backed Gujarat Titan; Alkem gets PE suitors

General

13 September, 2024

Grapevine: Torrent may buy into CVC-backed Gujarat Titan; Alkem gets PE suitors

Ahmedabad-based Torrent Group has reached an informal agreement with CVC Capital Partners to acquire a majority stake in Indian Premier League (IPL) franchise Gujarat ......

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Japan's Sumitomo explores flying into Indian airport sector

Infrastructure

05 September, 2024

Japan's Sumitomo explores flying into Indian airport sector

Japanese conglomerate Sumitomo Corp is likely to have weighed the possibility of entering the Indian aviation sector by acquiring a ......

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Grapevine: Coca-Cola gets suitors for India arm; Infra.Market picks banks for IPO

General

02 September, 2024

Grapevine: Coca-Cola gets suitors for India arm; Infra.Market picks banks for IPO

The Burman family of Dabur and the Bhartias, promoters of Jubilant Group, are nearing a deal to acquire a 40% ......

Adani stocks lose $2.4 bn amid Hindenburg's fresh allegations against SEBI chair

Finance

12 August, 2024

Adani stocks lose $2.4 bn amid Hindenburg's fresh allegations against SEBI chair

Adani Group, the Indian conglomerate rocked by a Hindenburg Research report last year, faced another heavy share selloff on Monday ......

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Grapevine: CVC in talks to sell IPL team stake; ENGIE to monetize renewable assets

General

19 July, 2024

Grapevine: CVC in talks to sell IPL team stake; ENGIE to monetize renewable assets

Private equity firm CVC Capital Partners is in talks with Adani Group and Torrent Group to sell a controlling stake in the ......

Adani-IHC joint venture Sirius Digitech to acquire cloud firm Coredge.io

TMT

17 July, 2024

Adani-IHC joint venture Sirius Digitech to acquire cloud firm Coredge.io

Sirius Digitech Ltd, a joint venture between billionaire Gautam Adani-led Adani Group and Abu Dhabi-based International Holding Company (IHC) unit ......