Page 38 - Adani Group

Radhika, Prannoy Roy resign from NDTV promoter firm RRPR Holding's board

NDTV had previously said the takeover move "was executed without any input from, conversation with, or consent of the NDTV founders"

Adani Enterprises' fundraise targets retail buyers, allows discount pricing

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

Adani Properties bags Rs 5,069 crore Dharavi redevelopment project

DLF and Shree Naman Developers were the other two bidders

Adani Group's takeover of NDTV: Understanding the mechanics and the math

Business Standard gives you the lowdown on how the strategy to acquire one of India's better-known broadcasting houses played out

Adani Group's takeover of NDTV: Understanding the mechanics and the math

Business Standard gives you the lowdown on how the strategy to acquire one of India's better-known broadcasting houses played out

TMS Ep313: GST share of states, China plus one, Markets, FPO

Why do states want a bigger share of GST? Does China plus one strategy mean advantage India? Will the rally in the broader markets continue? What is a follow-on public offer? All answers here

What is a follow-on public offer?

FPO, or follow-on public offer, is one of the many means through which corporates finance their expansion plans, or pare debt. We explain what is a FPO, and if investors should subscribe to it

Top Headlines: India-UAE trade deal; crude import basket at 10-month low

The price of the Indian basket of crude oil has hit a 10-month low of $88.6 a barrel in November, government data showed

Gautam Adani's plans for an India super-app could run into a tech downturn

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

Entering the final stretch

The NDTV takeover battle is reaching its climax and there are many likely scenarios at play

NDTV promoter firm RRPR Holding transfers 99.5% shares to Adani's VCPL

Ongoing open offer draws bids for 5.3 mn shares as of Monday's close

Vizhinjam protests: FIR filed against 3,000 people; 36 cops injured

The protests are expected to cast shadow on the completion of the first phase of the project in December 2023

Adani Port issue: Situation under control in Vizhinjam after protests

After tension gripped Vizhinjam port area following the fishermen community's protest against the Adani Group restarting work on a $900 million transhipment port

Adani Enterprises outlier as equity raising by India Inc declines

The listed non-financial companies raised fresh equity capital worth Rs 1.6 trillion in FY22 down 57 per cent from FY21

Anti-seaport protesters attack Vizhinjam police station, 9 cops injured

A mob comprising anti-seaport protesters on Sunday night attacked the Vizhinjam police station here after one person was arrested in connection with violent protests that took place against the construction of the Adani port on November 26 here. The agitators besieged the police station seeking the release of those taken into custody over the clashes that erupted between two groups in Vizhinjam on Saturday and damaged the police vehicles parked outside. A few policemen sustained injuries in the attack. Media persons who were present at the site also came under attack. Four police jeeps and a minivan have been damaged. While nine police officials were injured and shifted to various hospitals. Police action has begun, police sources said. ACV local channel camera person Sherif M John was attacked by the protesters, who damaged his camera and snatched his cellphone. He has been shifted to Thiruvananthapuram Medical College Hospital. One person was arrested and few others taken into .

Adani, TCG gear up for petrochemical foray as RIL eyes expansion in sector

Adani planning PVC plant in Mundra, Gujarat; TCG looking to make polymers, chemicals and PTA at Cuddalore, Tamil Nadu

Tension deepens at Adani's Vizhinjam port after protesters stop trucks

The Adani Group attempted to move heavy vehicles into the port on Saturday following a court directive this week that construction work must resume, but protesters blocked them from entering

Adani arm seeks licence to expand power distribution in parts of Mumbai

An Adani Group company has sought licence for expanding its power distribution business into more areas of Mumbai, including the country's largest container port JNPT. In an advertisement published in several newspapers in the city on Saturday, Adani Electricity Navi Mumbai (AENM) said it has approached the Maharashtra Electricity Regulatory Commission (MERC) for a distribution licence in some pockets of the Mumbai Metropolitan Region along with its listed parent Adani Transmission. The company is aiming to get licence to distribute power in areas exclusively served by the state-owned Mahadiscom in Mumbai's suburbs Mulund and Bhandup, and also Thane district, Navi Mumbai, Panvel, Kharghar, Taloja and Uran. The group, whose assets include the Adani Ports business, is also vying to distribute power to the country's largest container port JNPT located near Navi Mumbai. The application is the first such move by any player since the Electricity Act was amended to make it more open. The

Adani Enterprises to raise Rs 20,000 crore in India's largest FPO

This would be the group's second fundraise from the public in 2022. In January, Adani Wilmar came out with an initial public offering of Rs 3,600 crore

Adani to raise $2.45 billion in India's biggest follow-on share sale

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%