Adani Group

General

31 August, 2023

Adani family's partners used ‘opaque' funds to invest in its stocks: Media group OCCRP

Millions of dollars were invested in some publicly traded stocks of India's Adani Group via "opaque" Mauritius funds that "obscured" ......

Infrastructure

16 August, 2023

GQG Partners buys 8.1% stake in Adani Power for $1.1 bn

Investment firm GQG Partners bought an 8.1% stake in India's Adani Power for $1.1 billion via block deals on Wednesday, ......

Manufacturing

03 August, 2023

Adani-owned Ambuja Cements to buy majority stake in Sanghi Industries

 Ambuja Cements Ltd (ACL), a flagship Adani Group company, today announced the acquisition of Sanghi Industries Ltd (SIL) at an ......

Premium

Infrastructure

27 July, 2023

Brookfield to seal Mumbai realty deal stuck for years after marquee bidders back out

Canadian alternative investment firm Brookfield Asset Management Inc. is in advanced talks to close a transaction for the acquisition of a ......

Premium

General

25 July, 2023

Grapevine: Adani, JK Lakshmi eye cement firm; Accel, IvyCap may make fintech bet

The Adani Group-owned cement companies Ambuja-ACC and JK Lakshmi Cement are in the fray to acquire an Ahmedabad-based company, a media report said.   The two frontrunners are ......

Infrastructure

12 July, 2023

Adani likely to close $4 bn fundraise before end of this year

India's Adani Group is aiming to close its planned up to $4 billion fundraising before the end of 2023, and ......

Finance

29 June, 2023

SEBI tightens disclosure norms for offshore funds

India's markets regulator on Wednesday strengthened disclosure requirements for a set of "high-risk" offshore funds investing in local markets to ......

Premium

Infrastructure

12 June, 2023

KKR's big-ticket India infrastructure deal comes unstuck

An infrastructure deal that was to see private equity firm KKR & Co acquire a portfolio of five operating tolled ......

Premium

Infrastructure

08 June, 2023

After terminating power and highway deals, Adani scraps another M&A transaction

Just days after walking away from a Rs 3,110-crore deal to buy a portfolio of highway projects from a private equity firm, the Adani group appears ......

Premium

Infrastructure

02 June, 2023

Macquarie's $378-mn deal to sell India road projects falls apart

A big-ticket transaction struck last year by an infrastructure-focused private equity fund of Australia’s Macquarie Group Ltd to sell two ......