JAL insolvency: CCI clears Dalmia Bharat’s bid to acquire Jaiprakash Associates; other bidders include Adani, Vedanta, Jindal Power – Times of India

The Competition Commission of India (CCI) has approved Dalmia Bharat’s proposal to fully acquire the debt-laden Jaiprakash Associates Ltd (JAL), clearing a key hurdle in the latter’s ongoing insolvency process.The…

Continue ReadingJAL insolvency: CCI clears Dalmia Bharat’s bid to acquire Jaiprakash Associates; other bidders include Adani, Vedanta, Jindal Power – Times of India

‘Investors from US, Middle East interested…’: Adani Airport Holdings may raise $1 billion in equity; first time from external investor – Times of India

The airport division, which is entirely owned by Adani Enterprises Ltd, has an estimated value of $20 billion. Adani Airport Holdings Ltd (AAHL) is considering raising approximately $1 billion in…

Continue Reading‘Investors from US, Middle East interested…’: Adani Airport Holdings may raise $1 billion in equity; first time from external investor – Times of India

‘Baseless and mischievous’: Adani Group denies handling any Iranian cargo; says not aware of any US investigation into Iran sanctions violations – Times of India

The Adani group firmly rejected these allegations as "baseless and mischievous". The Adani Group issued a statement on Monday clarifying that none of its ports process cargo originating from Iran…

Continue Reading‘Baseless and mischievous’: Adani Group denies handling any Iranian cargo; says not aware of any US investigation into Iran sanctions violations – Times of India

Adani Enterprises Q4 results: Profit jumps 752% to Rs 3,845 crore boosted by exceptional gain – Times of India

Adani Enterprises post record profit Adani Enterprises, the flagship company of the Adani Group led by Gautam Adani, reported a sharp 752 per cent year-on-year rise in consolidated net profit…

Continue ReadingAdani Enterprises Q4 results: Profit jumps 752% to Rs 3,845 crore boosted by exceptional gain – Times of India

Ambuja cements clocks record high PAT of 9%, annual revenue surpasses Rs 35,000 crore – Times of India

Ambuja Cements, part of the Adani Group, posted its highest-ever annual profit after tax (PAT) of Rs 5,158 crore, marking a 9% year-on-year rise. The cement maker also clocked in…

Continue ReadingAmbuja cements clocks record high PAT of 9%, annual revenue surpasses Rs 35,000 crore – Times of India

Bihar to establish special industrial zones following Rs 1.81 lakh crore investment proposals – The Times of India

Greenfield corridor (File photo) The Bihar government is gearing up to establish special industrial zones across the state, riding high on the success of the Bihar Business Connect 2024 summit,…

Continue ReadingBihar to establish special industrial zones following Rs 1.81 lakh crore investment proposals – The Times of India