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New Delhi: Anil Agarwal-owned Vedanta has moved the Supreme Court, seeking stay on the Adani Group's ₹14,500-crore debt resolution plan for now insolvent Jaiprakash Associates (JAL). Challenging the rejection of its revised bid, Vedanta told the apex court that the insolvency process lacked transparency and failed to maximise value for creditors. It alleged that the process followed by the JAL's committee of creditors in approving the plan of Adani Enterprises (AEL) was "unfair, opaque, and ine ...Read More >
Ahmedabad, Nov 4 (SocialNews.XYZ) Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Tuesday reported robust results for the July-September quarter and the first six months of the current fiscal (FY26), clocking an impressive 84 per cent increase in Q2 net profit at Rs 3,199 crore. The AEL Board approved a partly paid-up rights issue of Rs 25,000 crore for strengthening its balance sheet further to support the next phase of incubation. Consolidated EBITDA stood at Rs 7,68 ...Read More >
A Delhi court has transferred journalist Paranjoy Guha Thakurta's appeal in a defamation case filed by Adani Enterprises Limited (AEL) to the district court, with a hearing scheduled for September 23. This follows the same court's decision on September 18 to overturn an earlier order that had directed journalists to remove allegedly defamatory content against AEL. A Delhi court on Monday transferred the appeal of journalist Paranjoy Guha Thakurta to the district court which on September 23 hear ...Read More >
Adani Enterprises secures a project from National Highways Logistics Management. The project involves building a ropeway connecting Sonprayag and Kedarnath. Investment for the project is ₹4,081 crore. This 12.9 km ropeway aims to reduce travel time to Kedarnath significantly. The ropeway will operate under a Public-Private Partnership. Construction is expected to take six years. Adani Enterprises Ltd on Monday announced that the company received a Letter of Award from the National Highways Log ...Read More >
NEW DELHI: Adani Group will build a 12.9-km-long ropeway between Sonprayag and Kedarnath at a cost of Rs 4,081 crore that will cut the journey from current 8-9 hours to just 36 minutes. Adani Enterprises Monday said it has received the letter of award (LoA) for this project and it will develop the same in six years on PPP mode on a revenue share with National Highways Logistics Management Ltd (NHLML), with a capacity to carry 1,800 passengers per hour per direction.The project will be executed b ...Read More >
Mumbai, Jul 18 (PTI) A three-storey chawl collapsed in the western suburb of Bandra here in the early hours of Friday, with at least 10 people feared trapped in the debris, civic officials said. As many as seven people have been rescued from the debris so far and admitted to the civic-run Bhabha Hospital, they said. According to preliminary information, chawl number 37 in the Bharat Nagar area of Bandra East collapsed around 5.56 am. Eight fire engines are at the spot along with teams from th ...Read More >
HYDERABAD: State BJP president N Ramchander Rao on Thursday slammed the Congress government and Chief Minister A Revanth Reddy for failing to address farmers' issues despite completing 19 months in office. Speaking at the Kisan Morcha state office-bearers' meeting at the BJP headquarters in Hyderabad, he accused the state government of neglecting farmers due to its skewed policies. He urged party workers to collaborate with the Kisan Morcha to highlight farmers' grievances and counter the Cong ...Read More >
Ahmedabad: Adani Enterprises Ltd (AEL) said on Thursday that it has signed an agreement to sell a 20 per cent stake in AWL Agri Business Ltd to Wilmar International's subsidiary, LencePte Ltd, for Rs275 per share, valuing the deal at Rs7,150 crore. Following this latest deal, Wilmar is set to become the majority shareholder, with a 64 per cent holding in AWL.Adani Commodities LLP (ACL), a subsidiary of AEL, currently holds 30.42 per cent of AWL. The sale marks the next step in Adani's planned ...Read More >
Ahmedabad (Gujarat) [India], July 17 (ANI): Adani has executed the sale of a 20 per cent stake in AWL Agri Business Limited to Wilmar International, Singapore, with the deal size valued at Rs 7,150 crore, according to a stock exchange filing by Adani Enterprises. The stake sale was executed at Rs 275 per share. In December 2024, Adani Commodities LLP (ACL), subsidiary of Adani Enterprises Ltd and Lence Pte. Ltd., subsidiary of Wilmar International, Singapore entered into an agreement. They gav ...Read More >
Ahmedabad (Gujarat) [India], July 17 (ANI): Adani has executed the sale of a 20 per cent stake in AWL Agri Business Limited to Wilmar International, Singapore, with the deal size valued at Rs 7,150 crore, according to a stock exchange filing by Adani Enterprises. The stake sale was executed at Rs 275 per share. Also Read | Assam: 1 Killed, Several Injured in Clash Between Evicted People, Security Forces in Paikan Reserve Forest in Goalpara District (Watch Videos). In December 2024, Adani Comm ...Read More >
Ahmedabad, July 17 (SocialNews.XYZ) Adani Enterprises Ltd (AEL) said on Thursday that it has signed an agreement to sell a 20 per cent stake in AWL Agri Business Ltd. to Wilmar International's subsidiary, Lence Pte Ltd, for Rs 275 per share, valuing the deal at Rs 7,150 crore. Following this latest deal, Wilmar is set to become the majority shareholder, with a 64 per cent holding in AWL. Adani Commodities LLP (ACL), a subsidiary of AEL, currently holds 30.42 per cent of AWL. The sale marks th ...Read More >
New Delhi: Billionaire Gautam Adani-led group's flagship firm on Sunday announced a Rs 1,000 crore NCD issue offering up to 9.30 per cent per annum. The issue opens on Wednesday, July 9, 2025, and closes on July 22, a company statement said. It offers an effective yield of up to 9.30 per cent per annum. This is Adani Enterprises' second public issuance of secured, rated, listed redeemable, non-convertible debentures. "The second public issuance of NCDs by AEL, further deepens our commitment to ...Read More >
Ahmedabad (Gujarat) [India], July 6 (ANI): Adani Enterprises Limited, the flagship company of the Adani Group and India's largest listed business incubators in terms of market capitalization with a long track record of creating sustainable infrastructure businesses since 1993, has announced the launch of its second public issuance of secured, rated, listed redeemable, non-convertible debentures. AEL's first NCD issuance of Rs 800 crore, launched in September last year, was fully subscribed on t ...Read More >
New Delhi, Jul 6 (PTI) Billionaire Gautam Adani-led group's flagship firm on Sunday announced a Rs 1,000 crore NCD issue offering up to 9.30 per cent per annum. The issue opens on Wednesday, July 9, 2025, and closes on July 22, a company statement said. It offers an effective yield of up to 9.30 per cent per annum. This is Adani Enterprises' second public issuance of secured, rated, listed redeemable, non-convertible debentures. "The second public issuance of NCDs by AEL, further deepens our ...Read More >
Ahmedabad, July 6 (SocialNews.XYZ) Adani Enterprises Limited (AEL) on Sunday announced the launch of its second public issuance of secured, rated and listed redeemable, non-convertible debentures (NCD) worth Rs 1,000 crore. The issue opens on July 9 and closes on July 22 (with an option of early closure or extension), offering up to 9.30 per cent per annum. The NCDs have a face value of Rs 1,000 each. Each application will be for a minimum of 10 NCDs and in multiples of 1 NCD thereafter. The m ...Read More >
Mumbai, June 8 (SocialNews.XYZ) On her milestone 50th birthday, Shilpa Shetty took a heartfelt moment to reflect on her incredible journey and the defining stories that have shaped her both personally and professionally. Celebrating decades of success and growth, she shared insights into the experiences that made her the strong and inspiring woman she is today. Taking to Instagram, she posted a video of her transformation over the years and wrote, "Grateful for my journey and the stories that m ...Read More >
New Delhi, Jun 8 (PTI) India's second richest person Gautam Adani received a total remuneration of Rs 10.41 crore in the fiscal year ended March 31, 2025, lower than most industry peers and his own key executives. Adani, 62, drew salaries from two out of the nine listed companies in his ports-to-energy conglomerate, the latest annual reports of the listed entities of the group showed. His total remuneration was 12 per cent more than the Rs 9.26 crore he had earned in the previous 2023-24 financ ...Read More >
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