Page 14 - Gautam Adani

Senior journalist Ravish Kumar resigns from NDTV amid Adani takeover

Ravish Kumar has been an integral part of NDTV for more than two decades and has been conferred with the prestigious Ramon Magsaysay award and Ramnath Goenka Excellence in Journalism Award twice

Is Adani Group emerging as the next Tatas?

Gautam Adani is trying to significantly expand his conglomerate. But why is he pursuing such a strategy, when large diversified conglomerates continue to be seen as dinosaurs in the West?

LIVE: All hospital services continue to run on manual mode at AIIMS

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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

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

NDTV takeover a responsibility, not business opportunity: Gautam Adani

Adani wants to build a global news brand; plans to invest $4 bn in a petrochemical complex

Adani Enterprises to raise Rs 20,000 crore through follow-on public offer

The face value of each Adani Enterprises share would be Rs 1 each and the approval of the shareholders would be taken via postal ballot

Gautam Adani's $5 bn bet aimed at silencing debt-obsessed critics

Gautam Adani is seeking legitimacy in the face of questions about his group's breakneck expansion from a traditional port operator to a sprawling empire

Adani group's open offer: 16.54% of NDTV shares tendered by Day 3

Nearly 28 lakh shares were tendered by shareholders of NDTV under the Adani group's open offer at the end of the third day on Thursday. Adani group's open offer to acquire an additional 26 per cent stake in the media firm New Delhi Television (NDTV) started on Tuesday. According to the data from BSE, a total of 27,72,159 NDTV shares amounting to 16.54 per cent of the offer size were tendered by the shareholders by 1600hrs on Thursday. Adani's offer price is Rs 294 per share, while NDTV shares settled at Rs 368.40 on Thursday, which is 25.3 per cent higher compared to the offer price. In the last three months, NDTV shares reached a high of Rs 540.85 on September 5, 2022. The offer closes on December 5, a notice by JM Financial, the firm managing the offer on behalf of Adani Group firms, said. Markets regulator Sebi on November 7 granted its approval to the proposed Rs 492.81 crore-open offer. The conglomerate, run by India's richest man Gautam Adani, in August acquired a little-k

1.8 million shares tendered on day two of Adani's NDTV open offer

The names of those who tendered their shares will be disclosed on the final day of the open offer

Adani FPO could be India's largest-ever; board to approve proposal on Fri

The follow-on offering will help the firm broaden its investor base

Gautam Adani weighs $5 billion fundraise as banks urge deleveraging

The fundraising will start with Adani Enterprises and is separate from the group's plans to raise debt, one of the people said

Adani group's cash generation ability underappreciated, says M&G

Billionaire Gautam Adani's group has attracted a lot of scrutiny over its debt-heavy balance sheet and not enough appreciation of its cash-flow generation ability, according to M&G Investments

Adani, Ambani set to clash over distressed assets of Lanco Amarkantak Power

The direct clash between the two major industrialist groups is set to happen during an auction on November 25

Billionaire Gautam Adani's firm weighs $1.8 bn fundraise in new shares

Billionaire Gautam Adani's conglomerate is working with advisers on the follow-on issue and could sell the shares as soon as next year

Indian govt wants solar manufacturers to bid for $2.4 billion in aid

The state-run Solar Energy Corp. of India is seeking bids from solar manufacturers for 195 billion rupees of financial incentives, according to documents published on the agency's website

Adani Group's open offer for NDTV to begin today: What has happened so far

Adani Group's open offer for NDTV was to be introduced on October 17 till November 1 but was postponed on not receiving the required approval from the Securities and Exchange Board of India (Sebi)

India to be a net green energy exporter by 2050, says Gautam Adani

Asia's richest man Gautam Adani on Saturday said India, which took 58 years to become a trillion dollar economy, will add an equivalent sum to GDP every 12-18 months and will be the world's second largest economy by 2050. Speaking at the 21st World Congress of Accountants here, he said back-to-back global crises have challenged several assumptions, including that China should adopt western democratic principles, secular principles are universal, the EU would stay together, and that Russia would be forced to accept a reduced international role. "This multilevel crisis has shattered the myth of a unipolar or a bipolar world of superpowers that could step in and stabilize global environments," he said. "In my view - in this emerging multipolar world - superpowers will need to be those that take responsibility to step in and help others in a crisis and not bully other nations into submission, those that keep humanity as their foremost operating principle." A superpower, he said, must