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Adani Enterprises Ltd’s Rs 1,000 crore bond issue was fully subscribed within three hours of opening on Wednesday, according to stock exchange data. The non-convertible debenture (NCD) issue opened on Wednesday. It was to close on July 22. However, it may see early closure due to the issue being fully subscribed, sources said. NCDs are […]
A “key milestone” was the words CEO SB Khyalia used to describe Adani Power Ltd’s (APL) acquisition of Vidarbha Industries Power Ltd. (VIPL), a 2×300 MW domestic coal-fired power plant in Butibori, Nagpur. As the latest acquisition proves, Adani Power Ltd stays committed to providing cost-effective power, helping India in its wider energy objectives. “The […]
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 ₹800 crore, […]
Reliance Retail Ventures Limited (RRVL) on Thursday announced a strategic minority investment in UK-based FACEGYM, a global innovator in facial fitness and skincare. This marks a pivotal step in RRVL’s continued expansion in the high-growth beauty and wellness space. Founded by renowned beauty and wellness entrepreneur Inge Theron, FACEGYM has pioneered a transformative approach to skincare by combining […]
Bangladesh has cleared its pending dues amounting to USD 437 million to Adani Power in June, making it the single largest payment under the bilateral power supply agreement. The pending costs include carrying costs, and issues related to the power purchase agreement, reaffirming the Indian conglomerate’s asset as a reliable and cost-competitive power source for meeting […]
Torrent Pharma’s shares closed at Rs 3,409.70, up 1.95 percent on the BSE on Monday, reaching an intraday high of Rs 3,474.60 from the previous close of Rs 3,344.40. This follows Torrent Pharmaceuticals signing definitive agreements to acquire a controlling stake in JB Chemicals and Pharmaceuticals (JB Pharma) from global private equity firm KKR, at an equity valuation of Rs 25,689 […]
Adani Green Energy Limited (AGEL), India’s largest renewable energy company, has achieved a significant milestone by surpassing 15,000 megawatts (MW) of operational capacity, specifically reaching 15,539.9 MW. This accomplishment marks the fastest and largest capacity addition in India to date. The operational portfolio includes ~11,005.5 MW of solar, ~1,977.8 MW of wind, and ~2,556.6 MW […]
Adani Group has emerged as the fastest-growing Indian brand, with its aggressive and integrated infrastructure focus driving growth, according to the latest ranking of Most Valuable Indian Brands 2025 by Brand Finance. According to media reports, the value of the brand Adani has risen from USD 3.55 billion in 2024 to USD 6.46 billion, marking […]
Adani Total Gas Ltd. (ATGL) and Jio-bp (operating brand of Reliance BP Mobility Limited) on Wednesday announced signing of an agreement to redefine the auto fuel retail experience for Indian consumers. According to an official release, under this partnership, select ATGL fuel outlets will offer Jio-bp’s high-performance liquid fuels (petrol and diesel), while select Jio-bp fuel […]
Gautam Adani, chairman of the Adani Group, has said that a nation’s future is not written in policy documents – it is written in the risks its entrepreneurs dare to take. He was addressing the annual general meeting of the Adani Enterprises on Tuesday. “We are not laying concrete. We are laying conviction – highways […]
Adani Airports Holdings Limited (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd and India’s largest private airport operator, has successfully secured USD 1 billion financing through a project finance structure for its Mumbai International Airport Ltd (MIAL). The transaction involves issuance of USD 750 million notes maturing July 2029 (“Notes”) which shall be used […]
Adani New Industries Limited (ANIL) on Monday announced the successful commissioning of India’s first off-grid 5 MW Green Hydrogen Pilot Plant in Kutch, Gujarat, marking a major milestone in the nation’s clean energy transition. The state-of-the-art plant is 100 percent green-powered by solar energy and integrated with a Battery Energy Storage System (BESS), enabling it to operate completely off-grid. […]
Ambuja Cements and ACC, the cement and building materials companies of the diversified Adani Portfolio, have achieved a landmark sustainability milestone as the leading two Indian cement companies amongst peers to have their netzero targets validated by the Science Based Targets initiative (SBTi). The SBTi’s Corporate Net-Zero Standard is the world’s only framework for corporate […]
Credit cards are a popular tool for managing short-term finances, offering convenience, rewards, and credit-building benefits. Among the various types, lifetime free credit cards are gaining attention. These cards offer long-term value without the burden of recurring annual charges. But do they truly come without costs? Let’s explore what they offer and why you might […]
Life can surprise us at any time. A medical need, job loss, or sudden expense can shake our savings. That’s why many people keep an emergency fund for tough times. But today, some are looking at Life Insurance in a new way. They see it not just as protection for their loved ones, but also […]
Housing loan customers have something to smile about. The central bank has cut down the repo rate by 50 basis points (bps), making it cheaper to borrow. The Reserve Bank of India (RBI) has eased interest rates, reducing their home-loan strain. Several banks have already responded to the RBI’s earlier repo rate cuts in February […]
For fiscal year 2025, the Adani Group’s total contribution to the exchequer increased by 29 percent to Rs. 74,945 crore, from Rs. 58,104 crore in FY 2023–24, through its portfolio of listed entities. The company said on Thursday that of the total contribution of Rs. 74,945 crore, direct contributions stood at Rs. 28,720 crore, indirect contributions […]
Adani Airports Holdings Ltd (AAHL), India’s largest private airport operator and a subsidiary of Adani Enterprises Limited, has raised USD 750 million via External Commercial Borrowings (ECB) from a consortium of international banks. The transaction was led by First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank. The proceeds will be used to refinance […]
Torrent Power Ltd (TPL) has signed a long-term Sales and Purchase Agreement (SPA) with BP Singapore Pte. Limited, a subsidiary of global integrated energy company bp, for supply of up to 0.41 MMTPA of LNG from 2027 to 2036. The LNG procured under this agreement will be strategically utilized by TPL, including to operate its […]
TotalEnergies is “committed to continue to support the expansion of Adani Green,” Patrick Pouyanné, Chairman and CEO of the French energy giant, said in Paris on Monday. With Adani Green Energy Limited (AGEL )’s current capacity of 14 gigawatts and plans for continued expansion, the partnership with TotalEnergies is expected to play an important role […]
