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Kolkata: Rice and edible oil prices have fallen sequentially this month ahead of the main festive season, companies said. While most rice varieties that Indian households consume have become cheaper in the retail market, a drop in the wholesale prices of edible oils is expected to reflect at the retail level by month-end. Rice prices have fallen as Bangladesh, which had aimed to import 1 million tonnes of the grain this year, has placed very little orders from India, traders said. Bangladesh b ...Read More >
Jaipur, Aug 28 (PTI) The Rajasthan High Court on Thursday cancelled the contentious police sub-inspector recruitment exam-2021 owing to paper leak. Justice Sameer Jain in a detailed judgment cancelled the exam 2021 which was the bone of contention for both BJP and Congress governments in the state. "Illegality and fraud on the system was so conspicuous. It is strange that the state government did not take action any decision on the subject. The court's decision hopefully will act as a deterren ...Read More >
New Delhi: Wilmar International, through its arm Lence Pte, has sought approval from the fair trade regulator CCI to acquire a 20 per cent stake in AWL Agri Business Ltd from the Gautam Adani-led Adani group.The move came after Adani Group last month announced that it had sold a 20 per cent stake in AWL Agri Business (formerly Adani Wilmar Ltd) to Singapore-based Wilmar International for Rs 7,150 crore, as part of its decision to exit the FMCG business and focus on its infrastructure vertical. ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health departm ...Read More >
New Delhi, Jul 18 (PTI) Adani Group on Friday exited AWL Agri Business (formerly known as Adani Wilmar) by selling its remaining 10.42 per cent stake in the company for Rs 3,732 crore through open market transactions, according to the BSE data. Adani Commodities LLP (ACL), a subsidiary of Adani Enterprises, offloaded a total of 13,54,82,400 equity shares in 11 tranches on Friday, amounting to a 10.42 per cent stake in AWL Agri Business, as per the block deal data on the BSE. Also Read | US Sho ...Read More >
New Delhi, Jul 18 (PTI) Adani Group on Friday exited AWL Agri Business (formerly known as Adani Wilmar) by selling its remaining 10.42 per cent stake in the company for Rs 3,732 crore through open market transactions, according to the BSE data. Adani Commodities LLP (ACL), a subsidiary of Adani Enterprises, offloaded a total of 13,54,82,400 equity shares in 11 tranches on Friday, amounting to a 10.42 per cent stake in AWL Agri Business, as per the block deal data on the BSE. The transaction wa ...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 >
New Delhi, Jul 17 (PTI) Adani Group has sold a 20 per cent stake in AWL Agri Business Ltd (formerly known as Adani Wilmar Ltd) to Wilmar International, Singapore, for Rs 7,150 crore, as part of its decision to exit the FMCG business and focus on the infrastructure vertical. As per the regulatory filing on Thursday, Adani Commodities LLP (ACL), a subsidiary of Adani Enterprises, will soon sell the residual 10.42 stake in AWL Agri Business Ltd, leading to a complete exit from the FMCG business. ...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 >
Mumbai: Adani has sold its remaining 20 percent stake in AWL Agri Business Limited to Wilmar International, Singapore, at a transaction price of Rs 275 per share. The deal, valued at approximately Rs 7,150 crore, follows Adani's earlier 13.5 percent stake sale via an Offer for Sale (OFS) in January 2025 at the same price. With this acquisition, Wilmar International becomes the majority shareholder, raising its stake to around 64 percent in AWL Agri Business Limited. Adani's exit marks a strateg ...Read More >
July 17 (Reuters) - A unit of India's Adani Enterprises (ADEL.NS), opens new tab will exit AWL Agri Business, its joint venture with Singapore's Wilmar (WLIL.SI), opens new tab, for 108.74 billion rupees ($1.27 billion), the conglomerate said on Thursday. Adani Commodities, which holds a 30.42% stake in the consumer goods JV, will sell an up to 20% stake to Wilmar unit Lence, and the rest to "a set of pre-identified investors," Adani Enterprises said, without elaborating. Adani Commodities wil ...Read More >
A young woman named Oleti Pushpa (22) was killed by her live-in partner Sheikh Shamma (22) in the Ambedkar Konaseema region of Andhra Pradesh, reported India Today. She was living with Sheikh for the past 6 months after she separated from her spouse. The incident took place in Siddhartha Nagar, B Savaram village of Rajolu mandal on 16th July. Shamma reportedly accused Pushpa of having affairs with other men. He forced her to engage in prostitution and frequently instigated fights with her when ...Read More >
Mumbai: While the Nagpur-Mumbai Samruddhi Expressway is now fully operational, a crucial extension of the Mumbai-Nashik Highway from four to eight lanes over a 23-km stretch between Magathane and Vadpe remains incomplete -- even after more than four years of work. The project, whose revised deadline was Feb 2025, continues to be behind schedule.The widening of this stretch was supposed to be completed before the Samruddhi Expressway was opened, in order to accommodate the anticipated surge in tr ...Read More >
New Delhi: A surge in sales may be around the corner for some of India's leading packaged consumer goods makers, as cheaper inputs and lower import duties craft a perfect recipe for their next stage of growth. Companies and analysts alike said that falling prices of wheat, maize, barley and oils will help expand volumes, in a change from the recent experience of pricier products driving revenue. On 31 May, the government halved the basic customs duty on crude soybean oil, crude palm oil, and c ...Read More >
Adani Enterprises Ltd. and Wilmar International Ltd. are considering delaying a proposed sale of at least 12% in their Indian food venture after a US bribery indictment against the billionaire-founder Gautam Adani, according to people familiar with the matter. Adani Wilmar Ltd., an equal joint venture between India's Adani Group and the Singapore-based commodity trader, was slated to start the share sale this month to comply with local securities law that requires at least 25% of the holding t ...Read More >
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