Page 46 - Adani Group

Adani Power to start exporting electricity from India to Bangladesh

Adani Power Ltd. will commission a 1.6 gigawatt facility in Jharkhand state and a dedicated transmission line for the exports by Dec. 16, Adani said in a Twitter post late on Monday

Gautam Adani is searching for new group M&A chief, says report

Vinod Bahety, who's been helming Adani Enterprises Ltd.'s M&A activity, will move to a new business vertical and a formal announcement could come as soon as this month

Gautam Adani is searching for new group M&A chief, says report

Vinod Bahety, who's been helming Adani Enterprises Ltd.'s M&A activity, will move to a new business vertical and a formal announcement could come as soon as this month

Top headlines: Liz Truss new UK PM; windfall tax not ad hoc, says FM

Sitharaman said windfall tax on petroleum products, crude is not ad hoc, but being charged in regular consultation with the industry

CARE Ratings places NDTV's bank facilities on 'credit watch', shares gallop

NDTV, which had postponed its 34th AGM to September 27 from the earlier fixed date of September 20, said it has completed the dispatch of notice for the shareholders meeting on September 3, 2022

Adani Group cites reduced debt load to rebut overleveraged view

Using figures that differed from those cited by CreditSights in the report last month, the conglomerate said the leverage ratios of its companies 'continue to be healthy'

NDTV posted highest-ever profit in a decade, say Roys in FY22 annual report

Digital arm NDTV Convergence one of few profitable online companies, they say

I-T department nod not needed for Adani to acquire NDTV shares: Report

The Adani group believes that there is no restriction by tax authorities on it acquiring a stake in NDTV, a statement that has also been backed by tax experts. The Adani group has acquired a little-known firm, VCPL, that lent over Rs 403 crore to NDTV's founders more than a decade ago in exchange for warrants that allowed the company to acquire a stake of 29.18 per cent in the news group at any time. Adani has since exercised those rights but NDTV says such conversion is barred by income-tax authorities. The Adani group in a statement said Vishvapradhan Commercial Pvt Ltd (VCPL) has informed that the income tax department orders only apply to share of NDTV held by RRRP Holding Pvt Ltd (a promoter of NDTV) and in no manner restrict RRPR from completing the formalities in relation to allotment of equity shares to VCPL. "The IT orders have been issued against RRPR only and for the purpose of securing RRPR's continued ownership over the said NDTV shares. The IT orders have not been iss

Adani Green could replace Dr Reddy's in Sensex during December review

If added, Adani Green will be the first stock from the group in Sensex. After the inclusion of Adani Enterprises by September-end, Nifty will have two Adani group constituents

Adani Enterprises' inclusion in Nifty50 index divides D-Street

Index inclusion comes after the 'best has played out for the stock' is an overarching concern

NDTV crosses Rs 500-mark for the first time since Jan 2008; up 97% in a mth

On August 30, 2022, the Adani group published a detailed public statement about the NDTV's open offer, which will tentatively open on October 17, 2022, subject to the market regulator's approval.

Adani Group companies contributed 79 per cent in total m-cap gain in 2022

While the m-cap of all the listed companies on the BSE has risen by Rs 12.74 trillion, seven listed companies of the Adani Group account for Rs 10.05 trillion of this, the report added

NSE to add Adani Enterprises to benchmark index by removing Shree Cement

India's National Stock Exchange (NSE) will add Adani Enterprises, the flagship company of Indian coal-to-edible-oils conglomerate Adani Group, to its benchmark Nifty 50 index effective Sept 30

Adani Group responds to NDTV's letter, terms it as "misconceived''

For the record, Adani Group announced the indirect acquisition of 29.2 per cent in NDTV on August 23, along with an offer to buy another 26 per cent from the open market

Adani rejects NDTV contention that stake sale needs I-T Dept approval

Adani Enterprises said that the RRPR disclosure lacked bonafides and had no merit or basis either in law or in fact and was misconceived

Adani rejects NDTV's claims that stake sale needs I-T Dept's nod

NDTV promoter group firm RRPR Holding has told VCPL, which along with two other Adani group firms has launched a hostile takeover bid for the media firm, that its stakeholding in NDTV has been provisionally attached by the I-T authorities and require their approval for the transfer. The contention has been rejected by the Adani group, which termed it as "misconceived and misleading" statements while asking RRPR Holding to convert the warrants into equity shares. In a regulatory filing, NDTV said that its founders Radhika and Prannoy Roy have informed that RRPR Holding has intimated Adani group firm Vishvapradhan Commercial Pvt Ltd (VCPL) that the attachment of the shareholding, notified in 2018, shall remain in place until the completion of reassessment proceedings. The group has asked RRPR Holding (RRPRH) to withdraw the letter and alleged it was written with the intent to further inordinately delay the warrant conversion and to perform its obligations without any further ...

BSE 200: Adani stocks outperform indices, Zomato down 57.8% in 2022 so far

Top gainers have surged between 50% and 315%, while new-age tech companies, such as Zomato and PB Fintech, have lost half their market value

Adani tentative offer for NDTV to begin on October 17, Sebi nod awaited

On Monday both NDTV and the Adani group sought Sebi's guidance on whether or not RRPR Holdings, the promoter entity of NDTV, can transfer its shares to the Adani group

NDTV takeover saga: A battle of unequals

Prannoy and Radhika Roy have their backs to the wall as the Adani group pushes through the doors at the news network. What are their options?

Are we allowed to transfer shares to Adani Group firm: NDTV's Roys ask Sebi

NDTV had earlier said Sebi had restrained the Roys from buying, selling or otherwise dealing in securities, directly or indirectly, for a period of two years, ending on November 26 2022