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The Latest Breaking News from Adani Group

Gautam Adani gets approval for NDTV open offer boosting takeover bid

MUMBAI: Billionaire Gautam Adani’s conglomerate received the regulatory nod to float an open offer for a further 26% stake in New Delhi Television Ltd, marking a crucial milestone in a takeover battle between Asia’s richest person and the broadcaster’s founders.

The Times of India

Asia's richest man challenges China in show of support for PM Modi

COLOMBO: A small group of fishermen ply the shallow coastal water along Pooneryn in northern Sri Lanka, an impoverished, remote area within striking distance of India's southern tip. It's where Gautam Adani -- the Indian billionaire who is Asia's richest man and has vaulted ahead of Jeff Bezos this year…

The Times of India

Adani, GMR, L&T in race for Rs 23,000 crore UP smart meter tender

NEW DELHI: Adani Group, GMR, LT and IntelliSmart — a joint venture of National Investment and Infrastructure Fund and power ministry’s energy saving company EESL — are in race for the largest smart meter tender worth Rs 23,000 crore floated by UP.

The Times of India

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Adani says committed to open offer for NDTV

NEW DELHI: Adani Group, which missed the date for the launch of an open offer to buy an additional 26 per cent stake in NDTV, on Wednesday said it is committed to completing the process and has asked Sebi to provide comments on its draft open offer letter.

The Times of India

State invites Adani group for discussions on way ahead for Vizhinjam project

THIRUVANANTHAPURAM

The Hindu

Tribunal sets aside TNERC’s order against Adani Group firms

The companies wanted to avail a tariff of ₹7.01 per unit from the Tamil Nadu Generation and Distribution Corporation Limited

The Hindu

Gautam Adani to invest Rs 65,000 crore as Rajasthan summit attracts solar projects

JAIPUR: The two-day 'Invest Rajasthan' summit got off to a promising start with Gautam Adani of the Adani Group committing an investment of Rs 65,000 crore in the state over the next five to seven years on Friday.

The Times of India

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With investment promotion plans, Ashok Gehlot invites industrialists to Rajasthan

Rajasthan’s GDP has increased by ₹3 lakh crore in the past three years despite challenges, says CM at Rajasthan Summit-2022

The Hindu

Adani announces ₹65,000-cr. investment in Rajasthan

Group to set up 10,000 MW solar power capacity, expand cement plant and upgrade Jaipur airport

The Hindu

Flight operations at Mumbai airport to remain suspended for six hours on October 18

MUMBAI: Flight operations at Mumbai airport will remain suspended for six hours on October 18 for runway maintenance work, the private airport operator said on Thursday, which is likely to hit passengers significantly.

The Times of India

Gautam Adani’s firm secures $3.1 billion port project in West Bengal

The Adani Group will develop a port in West Bengal state at a planned investment of more than $3 billion, as the port-to-power conglomerate continues to bolster its grip over the local infrastructure and logistics sectors.

The Times of India

Rs 1,600 crore a day: How Adani surpassed Ambani to be India's richest person

NEW DELHI: Gautam Adani, who is the world's second richest person with a wealth of Rs 10.94 lakh crore, has added more than Rs 1,600 crore to his earnings per day in the last one year, according to IIFL Wealth Hurun India Rich List 2022.

The Times of India

This Billionaire Is Now Even Richer Than Jeff Bezos

Jeff Bezos is no longer the second-richest person in the world.

Bangkok Post

Gautam Adani names son Karan to run cement firms; injects Rs 20,000 crore in Ambuja Cement

NEW DELHI: Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.

The Times of India

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Dynamite News

Forbes Billionaires List: Gautam Adani second richest man in world

The list showed Adani's total net worth at around $ 154.4 billion as of September 16. Read more on Dynamite News:

The Hindu

Gautam Adani briefly listed as world's second-richest person

Bernard Arnault and Mr. Adani traded the number two position during the day as the share prices of their companies fluctuated.

The Guardian - UK

India is quietly laying claim to economic superpower status

India recently overtook UK as the world’s fifth biggest economy – and it could be third by 2030

The Times of India

Asia’s richest man Gautam Adani is searching for new group M&A chief

NEW DELHI: Asia’s richest man Gautam Adani is scouting for a new leader for his mergers and acquisitions strategy as the incumbent will soon take a new role within the group, according to people familiar with the matter.

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The Times of India

Adani Transmission eclipses India giants in value with 125% rise

Adani Transmission has blown past entrenched corporate giants to become India’s 10th-largest listed firm by market value as part of a broader runaway rally in Adani Group stocks.

The Hindu

NDTV invites VCPL to join application to Income Tax Department over shares

Adani Group unveiled plans last week to control a majority stake in NDTV

The Times of India

In 5 charts: How Gautam Adani became first Asian to reach top 3 richest in world

NEW DELHI: When the world went into Covid-induced lockdowns plunging the global economy into a crisis, the worried investors in India had their eyes on the possible impact on Mukesh Ambani who was then the undisputed leader.

The Hindu

Adani becomes world’s third-richest person; first for an Asian

India’s Gautam Adani entered the top three in Bloomberg Billionaires Index’s ‘Top richest person in the world’ list, making it a first for an Asian

Dynamite News

Gautam Adani overtakes Bernard Arnault to become world's 3rd richest person

Business conglomerate Adani Group's chairman Gautam Adani is now the world's third-richest person after overtaking France's Bernard Arnault according to Bloomberg Billionaires Index. Full story on Dynamite News:

The Hindu

NDTV: the hostile takeover

Large conglomerates owning media units might crimp editorial independence

The Hindu

NDTV | The outlier in a noisy television news space

The channel that has played a role in modernising India’s TV news reporting and has never shied away from taking critical positions on the government could be controlled by the Adani Group soon

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