GQG now has a stake in five of the 10 Adani Group firms. It on August 16 bought 7.73 per cent stake in Adani Power Ltd. Promoter group firms Worldwide Emerging Market Holding and Afro ASIA Trade And Investments sold 8.09 per...
Deloitte's resignation comes weeks after it raised concern over certain transactions flagged in the report of Hindenburg Research
Group company Adani Ports and Special Economic Zone Ltd (APSEZ) operates the Mundra Port which is the largest integrated transport utility in India
Adani Group's key companies including Adani Ports, Adani Transmission, Adani Green Energy, Adani Wilmar, Adani Power, and Adani Total Gas, were also down in the range of 3-5 per cent
Deloitte Haskins & Sells LLP has communicated to Adani Ports & Special Economic Zone Ltd its decision to resign as auditor and a formal announcement is expected shortly, sources with knowledge of the matter said
The transaction value which is undisclosed includes buying out 100 per cent of the Adani family's private investments in the company, with the incumbent chief executive Gaurav Gupta fully rolling his stake in the company and...
Deloitte's resignation as the auditor of Adani Ports has brought the relationship between auditors and Indian corporates into the spotlight
The stock of Ambuja Cements jumped 4.54 per cent, ACC rallied 2.47 per cent, Adani Power gained 1.37 per cent, Adani Ports advanced 0.89 per cent and Adani Green Energy climbed 0.51 per cent on the BSE
The total expenses also rose to Rs 3,993.62 crore in the quarter under review from Rs 3,497.49 crore a year ago
Life Insurance Corporation of India (LIC) has seen the market value of its holdings in Adani stocks increase by around Rs 5,500 crore since April, stock...
Adani Ports and Special Economic Zone shares rose as much as 1.52% to hit an intraday high of Rs 695.50 on the BSE, outperforming the Sensex which was up 0.37%
APSEZ chief executive officer Karan Adani said that this exit is in line with the guidance provided by the APSEZ Board based on the recommendations made by the...
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Adani Ports handled about 339 million metric tonnes (MMT) of cargo volume in fiscal 2023
Mundra continues to be India's largest seaport with 155 million tonne of total cargo handled during the year
The port is in proximity to the containerized cargo-originating industrial centres of Tamil Nadu, and the upcoming 9 MMTPA CPCL refinery
Adani Group had planned the project as PVC demand in India at around 3.5 MTPA was growing at the rate of 7 per cent year-on-year
With the repayment of the said Rs 7,374 crore 155 million shares of Adani Ports and SEZ representing 11.8 per cent of promoter holding will get released
APSEZ has registered growth since it started operations over two decades ago and continues to outperform all India cargo volume growth
The exposure in the Adani group is 0.975 per cent of LIC's total AUM at book value of Rs 41.66 lakh crore.
Adani Group stocks have taken a beating on the bourses after Hindenburg made a litany of allegations in its report, including fraudulent transactions and share...
In the aftermath of the Hindenburg report, the $1.35 trillion Norwegian sovereign wealth fund had earlier reported that it is cutting down its exposure to...
In the state's budget speech, Finance Minister KN Balagopal had said that the Vizhinjam International Port is the most important chapter in the developmental...
Its total consolidated income increased to Rs 5,051.17 crore in the December 2022 quarter from Rs 4,713.37 crore in the year-ago period
The revision comes on the back of the Hindenburg report alleging significant governance issues for the Adani Group that has triggered a sharp fall in Adani...
Hindenburg vs Adani: The National Stock Exchange (NSE) placed Adani Enterprises, Adani Ports and Special Economic Zone and Ambuja Cements under the ASM...
