In a disclosure to the stock exchanges, VCPL said it had approached the IT department for clarity on the matter and received a reply from the Additional Commissioner of Income Tax
In a report dated September 7, CreditSights said it had spoken with Adani Group's finance and other executives and reconciled some figures for Adani Transmission and Adani Power
Open offer for acquiring up to 1.67 crore equity shares will amount to Rs 492.81 crore, if fully subscribed
Adani Group firm AdaniConneX is planning to build 1,000 megawatt data centres -- almost double the present size of the total industry -- over a period of 10 years, a senior company official said. AdaniConneX Senior Vice President and Head of Data Centre Business, Sanjay Bhutani said the the first seven data centres of the company will come up in Mumbai, Chennai, Hyderabad, Delhi, Bengaluru and Pune. "We are building 1,000 megawatt data centres. Today, the industry stands at 550 MW. Building 1,000 megawatt data centre in the next one decade is something which is our business plan," Bhutani said while speaking at 9.9 Group's CIO and Leader Conference on Saturday. Data centre capacity is measured in terms of power they consume. According to market research firm Arizton, India's data centre market size stood at 447 MW in 2021, valued at USD 10.9 billion. Bhutani said the six cities which will get first seven data centres will have total capacity of 450 MW over the next three years, whi
The transaction is expected to have an equity value of 30 billion rupees ($377 million) and an enterprise value of 50 billion rupees
The 5G auctions added Rs 1.5 trillion to the govt exchequer. As the dust is settles, let us explore how each player is placed, and will the 5G rollout be a watershed moment for the telecom sector
Coverage may improve as more funds start chasing the stock, say market experts
The project, which had received bids from Adani, Oberoi and GMR, goes back to drawing board after abrupt shutdown of nodal agency; station will now be developed under BOT mode
Adani Group's acquisition of the Haifa port last week for USD 1.18 billion is being seen as a "strategic purchase" where "price was less important", according to a media report
Adani Data Networks, Jio, Airtel and Vodafone Idea to bid for 5G spectrum
Rs 1,368 cr committed for manufacturing ACs and LED light components; Total production pegged at Rs 25,583 crore over five years, with 4,000 direct job opportunities
Adani Sportsline picks up Gujarat team, GMR Sports gets the Telangana franchise
Deal will bolster Adani's presence in central India, help it achieve its 20,000 circuit km target before time
Seven cornerstone investors have agreed to subscribe for $570 million worth of shares in the IPO
As per the deal, Adani Group will acquire Holcim's full stake in Ambuja Cement and ACC for CHF (Swiss franc) 6.4 billion (USD 6.38 billion)
(Reuters) -Indian conglomerate Adani Group plans to buy Holcim AG's cement businesses in India for $10.5 billion, its largest-ever acquisition, to become the country's No. 2 cement manufacturer.
The group has option to raise another $200 million under the existing facility
The acquisition is expected to cost around $10 billion (Rs 76,000 crore), including the open offers for the shareholders of both Ambuja Cements and ACC
International Holding Co has agreed to invest 7.3 billion dirhams ($2 billion) in three of Indian conglomerate Adani Group's portfolio companies.
Green hydrogen, produced from water and green electricity and considered the cleanest form of fuel, is a potential path to decarbonize heavy industries