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Don’t miss the latest developments in business and finance.
Adani Green Energy arm to buy 50% equity in Essel Saurya Urja for Rs 15 cr
The remaining 50% of the equity shares will continue to be held by the government of Rajasthan
Adani Transmission jumps 6% on acquisition of Warora-Kurnool Transmission
In the past three months, the stock of Adani Transmission zoomed 113 per cent as against a 5 per cent rise in the S&P BSE Sensex
NIIF enters road and highway sector with acquisition of two Essel projects
The deal, done through NIIF Master Fund, is pegged at Rs 1,500-1,800 crore though the firms did not divulge the figure
Yes Bank to auction Essel, SKIL Infra properties in July to recover dues
The sale of immovable assets is under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (Sarfaesi) Act, 2002
Four Franklin Templeton schemes hit on markdown in Essel Infraprojects
NAVs of these schemes slip between 0.4% and 2%
Edelweiss-backed fund to buy Essel Infraprojects' assets for Rs 60 billion
The statement added that Sekura will acquire two under-construction assets
Sekura Energy signs deal to acquire stake in four Essel Infra projects
Sekura is promoted by Edelweiss Infrastructure Yield Plus Fund and focuses solely on the power sector
Essel Infra to invest Rs 17 bn to set up EV battery charging stations in UP
The project will revolutionise the electric vehicle industry in the country
Essel Infraprojects to invest Rs 5,700 cr in Jhakhand
EIL will also invest in CSR to develop skill-sets among youth by opening training centres