Rs 11,000 crore will be invested in green hydrogen and airport projects, Rs 4,100 cr for retiring debt
Adani Enterprises is planning to launch its Rs 20,000-crore follow-on public offer (FPO) before the Union Budget on February 1
The FCET is scheduled to be launched in India in 2023
Will be first to issue partly-paid up shares
Some of the biggest Adani group backers from the Gulf are likely to be among the largest buyers of the Adani Enterprises' FPO, which is expected to be launched later this month.
Adani Enterprises will need to offer at least 35 per cent of the FPO, worth as much as Rs 7,000 crore, to retail investors
The plan for B2C (business-to-consumer) apps for consumers comes as an unexpected move by the company
Will pay Rs 48.65 more per share as there was a difference between open offer price and that paid to Roys last week for additional stake, say proxy advisory firms
Proxy advisory firms say premium now must be paid to all shareholders who participated in open offer
The appointment of directors, NDTV said, would be taken up at its next board meet on December 23
The biggest wealth creator in absolute terms is Mukesh Ambani-led Reliance Industries, with an increase in market capitalisation of Rs 13 trillion between 2017 and 2022
Coal India, SBI and Adani Enterprises continue to trade with a robust bullishness, while TVS Motor and Bajaj Finance seem to be struggling to hold their ground, technical charts show.
Adani Enterprises, the flagship company of Adani Group, was up 3% to Rs 4,057.35 on the BSE in intra-day deal,. It was trading close to its record high level of Rs 4,098.10 touched on November 16
Stocks to Watch Today: According to reports, Zomato is likely to witness a block deal on Wednesday.
Adani Enterprises Ltd chose a fundraising route for its $2.5 billion share sale that allows the group to woo retail investors through potentially discounted prices
Business Standard gives you the lowdown on how the strategy to acquire one of India's better-known broadcasting houses played out
Adani Enterprises Ltd., the group's flagship, is seeking to raise 200 billion rupees ($2.5 billion) by selling new shares. The additional firepower may come in handy to beef up the fledgling super-app
Business Standard brings you the top headlines at this hour
Adani wants to build a global news brand; plans to invest $4 bn in a petrochemical complex
The share offering would increase the company's public float from the current 27.4% level. Rival Reliance Industries' public float stands at around 49%