Light
Dark
Quint Digital Media and its subsidiaries, Quintillion Media and Quintillion Business Media, signed definitive agreements with AMG Media Networks, a wholly-owned subsidiary of Adani Enterprises, on May 13, to complete the divestment of a 49 percent stake in Quintillion Business Media. It is said that fortune favours the brave and in this case, fortune favoured […]
Billionaire Gautam Adani’s AEL is entering the healthcare market by establishing a wholly-owned subsidiary, Adani Health Ventures (AHVL), which will begin operations in the near future. AHVL will have an initial authorised and paid-up share capital of Rs 100,000 (Rs 1 lakh) and will establish diagnostic facilities, health aids, health-tech based facilities, and research centres.AEL […]
On Monday, Adani Airport Holdings Ltd (AAHL) announced that it raised $250 million from a syndicate. The consortium of Standard Charted Bank (SCB) and Barclays Bank PLC was possible through a three-year ECB facility. In addition to this, the facility has the power to raise an additional $200 million. According to the company’s release, AAHL […]
Adani Ports and Special Economic Zone Ltd (APSEZ) has entered into a definitive agreement for acquisition of 100% stake in Ocean Sparkle Ltd (OSL), which is India’s leading third-party marine services provider. The deal was done through the group’s subsidiary, The Adani Harbour Services Ltd (TAHSL). Ocean Sparkle, established in 1995, has an asset base […]
After 17 years of its entry into India, the world’s largest cement and building materials manufacturer Holcim group is mulling over the idea of pulling out of the country. The Holcim Group is putting its stake in Ambuja Cement and ACC Ltd up for sale. The firm is learnt to be in talks with the […]
The fifth graduation ceremony for 2012-13 batch students was held last weekend under the auspices of the Adani Institute of Infrastructure Management (AIIM). The batch of management courses was awarded two postgraduate diplomas in Infrastructure Management and Law, recognized by the All India Council of Technical Education (AICTE). President and Managing Director of Kotak Mahindra […]
On Monday, Adani Power’s stock hit the all-time-high of ₹220.8 on the bourses. It started at ₹207 on the National Stock Exchange (NSE) with the hope that increased demand leads to an increase in the company’s profit The sky-high shares touched a 52-week highest of ₹220.8 per share. At 2:43 PM, they were trading at […]
The Gujarat State Assembly unanimously passed a bill approving the establishment of a private university by the Adani Group under the Gujarat State Private Universities Act, 2009. Gujarat State Education Department nominated a panel for the thorough examination of the application by the Adani Institute of Education and Research (AIER) to set up a private […]
Reliance Industries Limited Chairman Mukesh Ambani is Asia’s richest man with $103 billion wealth, a whopping 24 per cent jump in a year, while Nykaa founder Falguni Nayar has become the newest billionaire in India, according to Global Rich List report compiled by research platform Hurun. Adani Group Chairman Gautam Adani is the second richest […]
Billionaire Gautam Adani led group announced their investment in Colombo West International Container Terminal on September 30, 2021. Speaking exclusively to Vibes of India, Dr Valsan Vethody, Consul General of Sri Lanka in Mumbai, termed Gujarat Headquartered Adani Group’s investment in Sri Lankan port a win-win situation for Sri Lanka and India. Dr Valsan Vethody, […]
Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group, today announced the financial results for the quarter and nine months ended December 31, 2021. The company’s year-on-year cash profit rose 47 percent. The operational capacity of the company increased by 83 percent. Results posted by the company showed that sales […]
Security agencies across the country have been on red alert after 10 containers with consignments – including weapons and ammunition – belonging to the Pakistani Army were seized at the Mundra port, located on the northern shore of the Gulf of Kutch near Mundra, in Kutch district, Gujarat. Preliminary investigations have revealed that these consignments […]
