In the request filed on November 24, Wadhawan urged the court not to allow the offers received from the four bidders: Oaktree Capital, Piramal Enterprises, Adani Group and SC Lowy, calling their offers “absurd.” Adani has made the highest bid among the four bidders with Rs. Rs 31,250 crore for …
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The Kerala government has moved to the Supreme Court on Tuesday to request a stay of the central government’s decisions to lease Thiruvananthapuram airport to Adani Enterprises. The petition notes the decision of the Airport Authority of India (AAI) to prefer a particular private concessionaire, Adani Enterprises, for the operation, …
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It has been almost a year since the troubled Dewan Housing Finance Corp. Ltd (DHFL) was sent to insolvency proceedings, the first finance company to come under the code. The creditors’ committee has held 11 meetings so far and a 12 was at the time of this writing. The latest …
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One day after the Andhra Pradesh state cabinet led by Chief Minister YS Jagan Mohan Reddy announced approval for the creation of a data center integrated by the Adani group at a cost of Rs 14,630 crore, Telangana also made a major announcement. Amazon group data center configuration with an …
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NEW DELHI: The Adani Group It will take over the operation and management of Mangaluru, Lucknow and Ahmedabad airports on October 31 and November 2 and 7, respectively, the Airports Authority of India (AAI) announced on Thursday. Citing the pandemic, the group had time to take over the airports and …
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The Adani group plans to adopt the hub and radio model and integrate its portfolio of Mumbai and six other smaller airports: Ahmedabad, Lucknow, Mangalore, Jaipur, Trivandrum and Guwahati, for which it has won development and operating rights in more than 50 one year lease. “We see our airport portfolio …
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The Gautam Adani-controlled conglomerate said on Monday it had signed a definitive deal to buy GVK Airport Developers Ltd’s debt, against which it pledged a 50.5% stake in Mumbai International Airport Ltd (MIAL). The Adani group will also purchase the combined 23.5% stake held by Airport Company of South Africa …
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NEW DELHI: Paving the way for billionaire group Gautam Adani to acquire a majority stake in Mumbai airport from GVK Group, the two corporations announced on Monday reaching an agreement for Mumbai International Airport Limited (MIAL), as well as the upcoming airport Navi Mumbai. the Adani Group will acquire 74% …
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Here is a list of the top ten stocks that may appear in the news on Friday: Future companies: Reliance Retail Ventures Ltd will acquire Future Group’s retail, wholesale, logistics and warehousing businesses to ₹24,713 crore. The long-awaited agreement between RIL and Future Group got its go-ahead on Saturday. Dependency …
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