Page 9 - Adani News Today

Indian billionaire Gautam Adani and his family injected $799 million to increase its stake in Ambuja Cements Ltd. as the business tycoon showed signs of confidence in its cement business amid the country’s infrastructure boom.

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Adani Enterprises is investing nearly Rs 10007 crore to set up a copper smelter with 0.5 MTPA (million tonnes per annum) capacity in the first phase.

The Adani family has invested ₹6,661 crore in Ambuja Cements, increasing its stake to 66.7%. This marks the second fund infusion since late-2022, when ₹5,000 crore was invested through warrants. The total investment of ₹11,661 crore aims to enhance capital flexibility for growth and strategic initiatives. Adani Cement, comprising ACC and Ambuja Cements, targets a production capacity of 140 million tonnes by 2028. The funds will support capacity expansion, operational efficiency, and strate...

Mumbai’s billionaire wealth stands at $445 billion, with an increase of 47% from previous year, as against Beijing’s $265 billion, a 28% decrease. Some of the factors behind India’s robust economic performance are strong markets, investor confidence and immense opportunities for business creation

SPI, Adani Solar to promote solar energy usage in rural areas of 4 states : Rashtra News #SPI #Adani #Solar #promote #solar #energy #usage #rural #areas #states The MoU aims at promoting the usage of solar rooftop panels and achieving five megawatts (MW) of solar deployment through Adani Solar’s channel partners in rural and peri-urban

Gautam Adani’s firm mentioned that the massive investment is in line with their plan of East Coast to West Coast parity.

India Business News: MUMBAI: Shapoorji Pallonji Group has agreed to sell its 56% stake in Gopalpur Port in Odisha to Adani Ports for an enterprise value of Rs 3,350 crore,.

High-performing large-cap multibaggers garnering significant attention from mutual fund investors.

Tacos Aya Yay is a favorite haunt for many in the Lafayette area and for good reason — phenomenal food. Chef José Pantoja has crafted the menu to celebrate traditional south-of-the-border cooking, offering classic staples like tacos, tortas, and menudo. Pantoja brings a slice of his home to ours. I gathered some salsa from the self-serve salsa bar and nestled into a seat at the dining counter that wrapped around one side of the restaurant.