adani transmission

Adani Group companies’ net profit surges 70% – ET Infra

MUMBAI: Adani group companies have seen their combined net profit surge nearly 70% on year in the June quarter, helped by robust performance in the ports, power and green energy businesses. Strong operational performance helped boost the group’s net profit, although overall sales saw a decline during the quarter. The comparative performance excludes the group’s […]

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Adani stocks decline, group market cap falls by Rs 25,000 crore – ET Infra

MUMBAI: Shares of all the 10 listed Adani Group companies declined on Monday after Deloitte Haskins & Sells resigned as the auditor of Adani Ports and Special Economic Zone. The selloff resulted in the group’s companies shedding about ₹25,000 crore in market capitalization in Monday’s trading. Shares of Adani Enterprises, the group’s flagship company, fell

Adani stocks decline, group market cap falls by Rs 25,000 crore – ET Infra Read More »

Adani reiterates his commitment to Mumbai’s development – ET Infra

Indian billionaire Gautam Adani in his shareholder speech on Tuesday reiterated his commitment towards Mumbai’s development. He said the Navi Mumbai airport project was on schedule and would start its operations by December 2024. Navi Mumbai International Airport project is proposed to be developed in multiple phases having a total capacity of 60 million passengers

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Adani Enterprises shares jump over 3% on Dharavi project nod – ET Infra

Shares of Adani Enterprises rose over 3% to Rs 2,459 on the NSE in Monday’s trade after the Maharashtra government gave nod for the Dharavi Redevelopment project to one of its group companies. The rub-off impact was seen on other Adani Group stocks as all 10 stocks were trading in the green, gaining up to

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Adani aims to close planned $4 bn fundraising by end-Dec: Report – ET Infra

India’s Adani Group is aiming to close its planned up to $4 billion fundraising before the end of 2023, and is actively talking to global investors about participating, a source with direct knowledge of the matter said on Wednesday. The group’s flagship, Adani Enterprises, and Adani Green have board approvals to raise around $1.5 billion

Adani aims to close planned $4 bn fundraising by end-Dec: Report – ET Infra Read More »

Adanis sell shares in 2 companies for over $1 billion – ET Infra

MUMBAI: The Adani family on Wednesday sold shares worth a little over $1 billion (Rs 8,372 crore) in two group companies through a series of secondary transactions on the stock exchanges. The stocks were purchased by US-based, Australia-listed GQG Partners. Money raised from the share-sale will be used to shore up liquidity and to strengthen

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Gautam Adani to raise $3.5 bl from share sale in three group companies – ET Infra

Billionaire Gautam Adani‘s conglomerate is looking to raise about USD 3 billion through an equity share sale to institutional investors in the boldest comeback strategy after the ports-to-energy group was hit by a damning report of a US short seller. While boards of Adani Enterprises Ltd – the group’s flagship firm – and electricity transmission

Gautam Adani to raise $3.5 bl from share sale in three group companies – ET Infra Read More »

Adani stocks rise most since January Hindenburg report – ET Infra

MUMBAI: Adani Group shares surged the most Monday since the publication of the Hindenburg Research report late January, and market capitalisation of Adani listed entities crossed ₹10-lakh crore mark, after a Supreme Court-appointed panel said it had not found ‘regulatory failure’ on allegations of price manipulation in the conglomerate’s stocks and violation of minimum public

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