Gautam Adani not Asia's 2nd richest any more
Business | June 18, 2021 20:33 ISTSuffering a rout in the stock markets this week, Adani Group Chairman Gautam Adani has lost the coveted tag of being Asia's second richest billionaire.
Suffering a rout in the stock markets this week, Adani Group Chairman Gautam Adani has lost the coveted tag of being Asia's second richest billionaire.
Billionaire Gautam Adani's group on Monday said it has written confirmation that accounts of three foreign funds that are among its top shareholders are not frozen and reports to the contrary are "blatantly erroneous and misleading".
Adani Transmission Ltd (ATL) on Sunday affirmed that it will be able to execute a transmission line and sub-station project at suburban Vikhroli which will enhance the power supply by 1,000 MW to the financial capital, by the end of next year, as per the mandated deadline for it.
Japan's largest bank MUFG has picked up 30,000 sqft space in Adani Realty's commercial building at BKC on lease for 10 years for around Rs 90 crore, sources said.
Adani Electricity Mumbai Ltd - AEML has released the latest version of its mobile app on Android as well as iOS.
The company, which distributes power to around 30 lakh consumers from Bandra to Bhayandar and Kurla to Mankhurd, had come under criticism from its customers, including Bollywood celebrities for receiving inflated bills in June.
Billionaire Gautam Adani's renewable energy firm Adani Green Energy on Tuesday said it has won the world's largest solar order to build 8 gigawatts of photovoltaic (PV) power plant along with a domestic solar panel manufacturing unit at an investment of Rs 45,000 crore.
After French energy major Total SA, more foreign investors have shown interest in partnering Adani group in its renewable energy business, its chairman Gautam Adani said on Tuesday.
Adani Ports and Special Economic Zone (APSEZ) on Monday said it has raised Rs 100 crore through allotment of NCDs on a private placement basis.
The company has received letter on May 29. 2020 (the "Delisting Proposal Letter") from Adani Properties Private Ltd (APPL), a member of the promoter and promoter group of the Company, the filing said.
Billionaire Gautam Adani on Thursday said COVID-19 had an immediate economic impact but the pandemic presents an opportunity to design a new and faster transition to a low-carbon future as he expects the price of solar modules to drop further.
Adani Gas Limited, which retails CNG to automobiles in some districts of Haryana, Gujarat, Rajasthan, Madhya Pradesh, and Uttar Pradesh, cut CNG rates between Rs 1.5 per kg to Rs 3.6 per kg
The Supreme Court Friday remanded to the Kerala High Court the state government's petition challenging the AAI proposal to grant the Thiruvananthapuram International Airport's management rights to the Adani group.
Business conglomerate Adani group has won a bid to acquire Aditya Estates Pvt Ltd, which holds a posh 3.4 acre residential property near Mandi House in the heart of the national capital, through an insolvency process for a total deal value of Rs 400 crore.
The CBI has booked Adani Enterprises Ltd and former chairman of National Cooperative Consumers' Federation of India and its former managing director for alleged irregularities in the award of contract for supply of imported coal to Andhra Pradesh Power Generation Corporation, officials said on Thursday.
The mining company is now expected to start construction at the site within days.
Adani personnel forcefully acquiring land in Jharkhand ! Here is the truth. The villagers say that those who nave denied to give their land has their own personal resons
The French firm is keen on investing in fast growing gas market in India and finds Adani a suitable vehicle as it owns the crucial downstream infrastructure, sources said.
While the total deal value of the sale of Reliance Energy is Rs 13,251 crore, regulatory assets estimated at Rs 5,000 crore and net working capital on closing estimated at Rs 550 crore would also accrue to RInfra.
The move comes after Queensland vetoed a plan last week to give a 900-million dollar concessional loan for the construction of a rail line in the controversy-hit Carmichael coal mine project.
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