Adani institution corporations have cumulatively sold stocks really well worth Rs 15,446 crore in secondary fairness transaction to US PE corporation GQG Partners in block trades. The block change transactions passed off in 4 of the company`s subsidiaries consisting of Adani Ports and Special Economic Zone Limited, Adani Green Energy Limited, Adani Transmission Limited and […]
Stocks to Watch: Adani Group, BHEL, Kotak
Adani Group: Moody’s Investors Service on Friday affirmed the rankings for 8 Adani Group companies, downgrading 4 from ‘stable’ to `negative`. The others have maintained their `stable` outlook. Moody’s introduced that Adani Green Energy, Adani Green Energy Restricted Group, Adani Transmission Step-One Ltd and Adani Electricity Mumbai Ltd could have their score outlook downgraded from […]
Adani Group in talks to buy Jaiprakash Power’s cement unit for 5,000 crore .
Billionaire Gautam Adani- controlled Adani Group is in advanced addresses with debt- laden Jaiprakash Power gamblesLtd. to buy its cement unit, people familiar with the matter said.The anchorages- to- power empire could pay about 50 billion rupees($ 606 million) for a cement grinding unit and other lower means, one of the people said, asking not […]