Two people directly aware of the Adani group’s plans said the conglomerate plans to acquire companies primarily in cement, airports, defence, ports, power, and consumer goods this financial year.
Adani Group is close to acquiring a 46.64% stake in ITD Cementation India for Rs 5,889 crore ($700 million), including a mandatory open offer, a media report said. The deal, aimed at strengthening ...
Adani is believed to have outbid competitors, including Abu Dhabi's top dredging company and the RPG Group's KEC International. India’s cement sector is witnessing heightened competition as ...
A chief manufacturing officer at Adani Group-backed Ambuja Cement in India’s Chhattisgarh state has been arrested for allegedly attempting to bribe a government official, the vigilance ...
New Delhi: The Adani group will manufacture microchips for ... multiple officials aware of the plans said. The ports-to-cement conglomerate has tied up with Israel’s Tower Semiconductor to ...
(MENAFN- Adfactors PR) Bengaluru, 11 September 2024: ACC, the cement and building material company of the diversified Adani Portfolio, is committed to facilitating modern farming and efficient ...
The stake sale in Ambuja Cement is part of that and not linked to any debt reduction, they said adding the debt is at the company level. Promoters may look to shed some stake in Adani Power in October ...
Adani Group plans to set up a 2 million tonne per annum cement grinding unit in Guna, Madhya Pradesh, announced Karan Adani, CEO of Adani Ports and SEZ Limited. The Adani Group is also going to ...
Ambuja is one of the two firms the Adani Group bought in 2022 from Holcim Ltd. to emerge as India’s second-largest cement maker overnight. The conglomerate, which faced a withering short seller ...
Adani Group plans to set up a 2 million tonne per annum cement grinding unit in Guna, Madhya Pradesh, announced Karan Adani, CEO of Adani Ports and SEZ Limited. The Adani Group is also going to ...