Tag Archives: adani group

BOTH the Finance Ministry and Niti Aayog had filed record-breaking objections to the 2019 airport bidding process, which were overturned, clearing the way for a full cleanup of six airports by the Ahmedabad-based Adani Group, they show. the records accessed by The Indian Express. . This becomes important given that …

Investors were taken aback when DHFL had a market valuation of Rs 941 cr on Monday, with its shares trading at Rs 30 a share even after the company was sent to bankruptcy proceedings. Topics DHFL | Piramal Group | Adani Group Dev Chatterjee | Mumbai Last Updated on January …

The recent rally after the stock market closes has surprised many and has also benefited billionaire promoters in India. The super rich club grew to an all-time high of 90 billionaires (in dollar terms) against 80 at the end of December 2019. Together, these billionaires now have a combined wealth …

The Airports Authority of India (AAI), the state-owned airport operator, has opposed Adani Enterprises using its brand at three airports – Mangaluru, Lucknow and Ahmedabad, which (Adani) acquired two months ago. The AAI said this violated the concession contract (CA) agreed by the group and the AAI. The agreement requires …

Stressed US-based asset buyer Oaktree Capital Management proposes to offer more money to Dewan Housing Finance Corp.’s financial creditors as the bidding war intensifies. Oaktree Capital proposed to increase its down payment for the beleaguered home finance company by another Rs 1.7 billion, according to two people with direct knowledge …

MUMBAI: ‘Ambush’ will remain the keyword at the 89th Annual General Meeting (AGM) of the BCCI this week. The members of the cricket board, clearly ‘unhappy’ with the way the president Sourav Ganguly have signed up for brands while occupying an honorary chair and, more importantly, have signed up with …

US-based asset management fund Oaktree Capital has become the highest bidder for bankrupt home finance firm DHFL by bidding Rs 36,646 crore for the entire company, which includes deferred payments and Rs 11,646 crore in advance to lenders. However, the Piramal group offered Rs 13,000 crore in cash up front …

Thanks to the boom in renewable energy, the marginal cost of electricity will continue to fall sharply and India will emerge as the least expensive producer of renewable energy, Gautam Adani, president of the Adani group said today. Speaking at the global TiE conference, Adani said that since renewable energy …

In a written email to the trustee, which is running the insolvent DHFL auction, the Adani Group said that it has followed due process scrupulously and that its “intention has always been to provide an unconditional bid and the maximization of potential value for all stakeholders and at the same …

In a written email to the administrator, which is running the insolvent DHFL auction, the Adani Group said that it has followed due process scrupulously and that its “intention has always been to provide an unconditional bid and the maximization of potential value for all stakeholders and at the same …