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Grapevine: Adani eyes another cement firm; PE-backed Hero FinCorp gears up for IPO

General

18 October, 2023

Grapevine: Adani eyes another cement firm; PE-backed Hero FinCorp gears up for IPO

Orient Cement Ltd’s promoter CK Birla has reached out to billionaire Gautam Adani to sell his stake in the business, a media report ......

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After terminating power and highway deals, Adani scraps another M&A transaction

Infrastructure

08 June, 2023

After terminating power and highway deals, Adani scraps another M&A transaction

Just days after walking away from a Rs 3,110-crore deal to buy a portfolio of highway projects from a private equity firm, the Adani group appears ......

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Adani looking at FPO route to fund group's green, digital businesses

Finance

24 November, 2022

Adani looking at FPO route to fund group's green, digital businesses

Billionaire Gautam Adani’s flagship Adani Enterprises Ltd is planning a follow-on public offering (FPO) to finance the group’s expansion in ......

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Adani Group in talks to raise $10 bn for clean energy, cement bets

Finance

10 October, 2022

Adani Group in talks to raise $10 bn for clean energy, cement bets

Billionaire Gautam Adani and his family are in early talks with investors, including Temasek, Singapore’s sovereign wealth fund GIC, and ......

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Adani Group, Apollo Hospitals eye majority stake in listed diagnostics chain

Healthcare

07 June, 2022

Adani Group, Apollo Hospitals eye majority stake in listed diagnostics chain

Conglomerate Adani Group and hospital chain Apollo Hospitals are separately in discussions with Mumbai-based Metropolis Healthcare Ltd to pick up ......

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Adani group plans massive foray into healthcare, plans $4 billion investment

Healthcare

02 May, 2022

Adani group plans massive foray into healthcare, plans $4 billion investment

The Adani group led by billionaire Gautam Adani is planning a massive foray into the healthcare sector and may acquire ......

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Flashback 2020: Infrastructure growth collapses but Adani, Ambani seal big deals

Infrastructure

24 December, 2020

Flashback 2020: Infrastructure growth collapses but Adani, Ambani seal big deals

In an economic downturn, spending on the infrastructure sector is usually the biggest, if not the first, casualty.  As the Indian ......

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Oaktree bids most for Dewan Housing as Piramal, Adani revise offers

Finance

14 December, 2020

Oaktree bids most for Dewan Housing as Piramal, Adani revise offers

US-based Oaktree Capital Management has likely submitted the highest bid for Dewan Housing Finance Corp (DHFL) even as Piramal Group ......

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Dighi Port promoter to move SC as appeals tribunal okays Adani takeover plan

Infrastructure

29 July, 2020

Dighi Port promoter to move SC as appeals tribunal okays Adani takeover plan

Adani group firm has received clearance from a bankruptcy appeals tribunal to acquire Dighi Port Ltd, whose promoter now plans ......

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Adanis strike second deal for bankrupt firm amid allegations over impropriety

Manufacturing

01 July, 2020

Adanis strike second deal for bankrupt firm amid allegations over impropriety

The real estate arm of billionaire Gautam Adani-led Adani Enterprises Ltd is set to acquire a distressed textile company, two ......