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NEW DELHI (Reuters) -Gautam Adani's flagship firm called off its $2.5 billion share sale in a dramatic reversal on Wednesday as a rout sparked by a U.S. short-seller's criticisms wiped billions ...
Adani Cement is wholly-owned subsidiary of Adani Enterprises and has not begun its business operations. [ 32 ] [ 33 ] It was reported in June 2021 that the Adani Group planned to set up a cement plant in Maharashtra which will have an initial capacity of 5-Million tonnes per annum with an approximate investment of ₹900-1,000 crore. [ 34 ]
The report was released ahead of Adani Enterprises' follow-on public offering, which opened on Friday, 6 pm, 27 January 2023. [47] The Adani Group's CFO (Jugeshinder 'Robbie' Singh) [48] stated that the timing of the report's publication was a "brazen, mala fide intention" to damage the offering. [47]
User:Hatchens who only made three edits to Gautam Adani also edited the articles on Pranav Adani and Karan Adani, Gautam's son, as well as Adani Group, Adani Enterprises, Adani Green Energy, and Adani Transmission, until he was blocked in 2022 for a "general pattern (that) seems to have been to accept AfC (Articles for Creation) drafts written ...
Glassmaker Apogee Enterprises (NASDAQ: APOG) stock is getting hit hard in Tuesday-morning trading, down 16.5% through 11:11 a.m. ET despite reporting better-than-expected sales and earnings this ...
A sell-off in semiconductors pulled stock indexes away from record highs. The rout was led by Dutch chip firm ASML, which shed 17% on Tuesday. The decline overshadowed better-than-expected bank ...
The Adani group became India's largest private coal mining company after Adani Enterprises won the Orissa mine rights in 2010. [29] Operations at the Port of Dahej commenced in 2011 and its capacity subsequently grew to 20 Mt. The company also bought Galilee Basin mine in Australia with 10.4 gigatonnes (Gt) of coal reserves. [30]
Adani Transmission was founded by Gautam Adani in December 2015 after separating the decade-old transmission business from Adani Enterprises. [5] At the time of the founding, the company became the primary custodian for more than 3800 circuit kilometers of transmission lines originating from the Mundra Thermal Power Station, connecting Mundra–Dehgam, Mundra–Mohindergarh and Tirora–Warora.