Singaporean energy firm Sembcorp plans IPO of Indian unit, sources say

[ad_1] A signage of Sembcorp Industries. File | Photo Credit: Reuters Singapore’s Temasek-backed Sembcorp Industries has started talks over an initial public offering of its India unit in Mumbai and appointed three investment banks, including Citi and HSBC, three sources familiar with the matter said. Talks are at an early stage and no decision has […]

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Adani stocks slide again, flagship Adani Enterprises slumps 7% 

[ad_1] File photo of Adani Group building at Adani Shantigram near Ahmedabad. | Photo Credit: Vijay Soneji Shares of Adani Group companies fell on Tuesday with flagship Adani Enterprises Ltd. slumping 7% on the BSE amid fresh concerns about debt repayment at the highly leveraged conglomerate. Other group companies including Adani Green Energy, Adani Total […]

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NSE, BSE put Adani Green Energy under second stage of longterm ASM framework from Mar 28

[ad_1] Electric power transmission pylon miniatures and Adani Green Energy logo are seen in this illustration. | Photo Credit: Reuters Leading bourses NSE and BSE have said that Adani Green Energy will be put under the second stage of the long-term additional surveillance measure (ASM) framework from March 28. In two separate circulars, the bourses […]

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Maharashtra signs deal with Adani Energy for 11000 MW green power generation

[ad_1] The MoU between Maharashtra government and Adani Energy would entail an investment of ₹60,000 crore and provide employment to 30,000 persons The MoU between Maharashtra government and Adani Energy would entail an investment of ₹60,000 crore and provide employment to 30,000 persons The Maharashtra government’s Energy department on Tuesday signed a Memorandum of Understanding […]

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