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Orient promoter CK Birla taps Adani for cement business sale

Following his rejection of earlier offers from other domestic companies for not meeting his valuation criteria, industrialist CK Birla has approached Gautam Adani to sell his promoter interest in listed Orient Cement, individuals with knowledge of the talks informed ET. In order to explore...

Adani Ports confident of making $650 million foreign currency bond prepayments by Feb: Karan Adani

The business empire of Gautam Adani, which includes airports, ports, mines, energy, and real estate, has been under assault from the opposition for the past few years due to allegations of corporate wrongdoing and claimed close ties to the government. However, one Adani company...

Stock Market Live: Sensex gains 200 pts, Nifty at 19,900; Adani Ent leads

On a positive note, the two major equity indices, the Sensex and Nifty, were up slightly on Monday morning. The BSE Sensex increased 251 points to 66,850 at 9.40 a.m. The NSE Nifty, on the other hand, was up 86 points, trading at 19,906. HCL,...

Adani Case: ED flags suspicious activities by 16 entities, including one private Indian bank.

According to sources, the ED has looked at connections between an Indian private bank and 15 additional entities in the case connected to short selling of the shares of Adani group firms. This comes days after the markets regulator SEBI reported the status of...

TAQA looks to bet big on Adani’s Power Business with $2 Billion Investment.

According to individuals with knowledge of the situation, Abu Dhabi National Energy Co. PJSC (TAQA) is considering increasing its presence in India and taking a significant stake in Gautam Adani's diverse power operations, which include thermal production, transmission, clean energy, and green hydrogen. According to...

Sebi set to hand in final Adani report on Hindenburg allegations to Supreme Court.

Sebi, India's capital markets regulator, will present its findings to the Supreme Court regarding the accusations made against the Adani Group by US-based Hindenburg Research. The report will probably be turned in early this week. The Securities and Exchange Board of India's inquiry is reportedly...