Adani stocks slide again, flagship Adani Enterprises slumps 7% 

Adani stocks slide again, flagship Adani Enterprises slumps 7% 

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 Gas, […]

Continue Reading
Congress flags Vinod Adani’s alleged shell companies

Congress flags Vinod Adani’s alleged shell companies

Congress leader Jairam Ramesh the Adani Group has repeatedly brushed aside questions about Vinod Adani, elder brother of the Group’s chairperson Gautam Adani, by claiming that he is uninvolved with decision-making but fresh disclosures show this to be a “laughable deception”. | Photo Credit: Shiv Kumar Pushpakar Under the Hum Adani Ke Hain Kaun (HAHK) […]

Continue Reading
Himachal truckers say Hindenburg report a godsend in Adani dispute

Himachal truckers say Hindenburg report a godsend in Adani dispute

Truck drivers pose near parked trucks next to the Ambuja Cements Limited plant owned by Adani Group in Darlaghat, Solan district in Himachal Pradesh, on February 16, 2023. | Photo Credit: Reuters For truckers transporting cement from Adani’s factories in Himachal Pradesh, Hindenburg Research’s critical report on the giant conglomerate was a godsend they say […]

Continue Reading
Adani Group to become most profitable cement manufacturer after Ambuja, ACC acquisition

Adani Group to become most profitable cement manufacturer after Ambuja, ACC acquisition

To mark completion of the acquisition on September 17, the Adani Group founder said the ports-to-energy conglomerate has in a single stroke become the second largest cement manufacturer in the country To mark completion of the acquisition on September 17, the Adani Group founder said the ports-to-energy conglomerate has in a single stroke become the […]

Continue Reading
Adani completes acquisition of Ambuja Cements and ACC

Adani completes acquisition of Ambuja Cements and ACC

Currently, Ambuja Cements and ACC have a combined installed production capacity of 67.5 MTPA. Currently, Ambuja Cements and ACC have a combined installed production capacity of 67.5 MTPA. The Adani family on Friday said it has completed the acquisition of Ambuja Cements & ACC Ltd and has become country’s second largest cement player. Adani family, […]

Continue Reading