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Gautam Adani

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

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, ......

Deloitte quits as Adani Ports' auditor citing red flags from Hindenburg report

General

11 August, 2023

Deloitte quits as Adani Ports' auditor citing red flags from Hindenburg report

Deloitte has decided to resign as auditor of India's Adani Ports amid concerns over certain transactions flagged in a report ......

Adani group companies may raise funds from local currency bonds

Infrastructure

11 August, 2023

Adani group companies may raise funds from local currency bonds

Two units of India's Adani group are in talks with merchant bankers to raise as much as 15 billion rupees ......

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

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 ......

Adani Group mulls bidding for Reliance Group's coal plants

Infrastructure

11 July, 2023

Adani Group mulls bidding for Reliance Group's coal plants

Indian billionaire Gautam Adani is considering a bid for the bankrupt coal-fired power plants belonging to industrialist Anil Ambani, Bloomberg ......

Adani Green Energy looks to raise $1.5 bn

Infrastructure

06 July, 2023

Adani Green Energy looks to raise $1.5 bn

India's Adani Green Energy, controlled by billionaire Gautam Adani, said on Thursday it approved raising 123 billion rupees ($1.49 billion) ......

Adani Group in talks with bankers to refinance debt

Infrastructure

13 June, 2023

Adani Group in talks with bankers to refinance debt

India's Adani Group is in talks with lenders to refinance up to $3.8 billion of a loan facility taken for ......

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

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 ......

Adani to apply brakes on dealmaking for now to focus on current operations

Infrastructure

07 June, 2023

Adani to apply brakes on dealmaking for now to focus on current operations

India's ports-to-power giant Adani Group will go slower on acquisitions this year as cost of capital has risen globally, the ......