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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 ......

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Deals Digest: Funding momentum drops on a high base along with deal volume

General

25 October, 2024

Deals Digest: Funding momentum drops on a high base along with deal volume

Private equity and venture capital funding momentum declined this week compared on a high base seen during the previous five-day ......

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

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 ......

Adani prepays $2.15 bn loans as MSCI ESG raters flag governance risks

Infrastructure

13 March, 2023

Adani prepays $2.15 bn loans as MSCI ESG raters flag governance risks

Adani Group said it had completed full prepayment of margin-linked share-backed financing worth $2.15 billion as part of its debt ......

Adani Ent withdraws FPO citing investor interest

Finance

02 February, 2023

Adani Ent withdraws FPO citing investor interest

The Board of Adani Enterprises Ltd., (AEL) after a meeting late on Wednesday night decided to withdraw the company’s Rs ......

Markets edge up ahead of budget; Adani stocks rise

Finance

31 January, 2023

Markets edge up ahead of budget; Adani stocks rise

Indian shares closed higher on Tuesday after struggling for direction, as investors awaited the Union budget, while most Adani Group ......

Adani buys Holcim assets for $10.5 bn

Manufacturing

16 May, 2022

Adani buys Holcim assets for $10.5 bn

The Adani family has agreed to buy Swiss building materials maker Holcim Ltd’s India assets Ambuja Cements and ACC Ltd ......

Antitrust body raids cement giants UltraTech, LafargeHolcim units

Manufacturing

10 December, 2020

Antitrust body raids cement giants UltraTech, LafargeHolcim units

India's antitrust body on Wednesday conducted raids at offices of UltraTech Cement and two subsidiaries of the world's largest cement ......

Grapevine: UltraTech, others bid for Emami cement assets; Macquarie may exit Soham

General

16 January, 2020

Grapevine: UltraTech, others bid for Emami cement assets; Macquarie may exit Soham

Emami Group’s cement assets received four binding offers from Aditya Birla flagship UltraTech, Nuvoco Vistas (formerly Nirma Cement), Ambuja Cements, ......