Adani shares

  1. Adani Enterprises
  2. Navi Mumbai International Airport to be operational by 2024: All details
  3. Adani secures $2.5 billion share sale amid short


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Adani Enterprises

₹2,472 crore (US$310million) (2023) ₹141,487 crore (US$18billion) ₹33,051 crore (US$4.1billion) See Website .adanienterprises .com Footnotes/references Adani Enterprises Limited is an Indian History [ ] The company was incorporated in 1993 under the name Adani Exports Limited. Through its various subsidiaries, Adani Enterprises is involved in Subsidiaries [ ] Notable subsidiaries and jointly-controlled companies of Adani Enterprises include: Adani Agri Fresh [ ] Adani Agri Fresh is involved in procurement, packaging, logistics and marketing of apples produced by farmers in Farm-Pik brand. Adani Airport Holdings [ ] Adani Airport Holdings is the airport management and operations subsidiary. It is the majority stakeholder in Mumbai International Airport Limited (MIAL), which owns the Adani Cement [ ] Adani Cement or Adani Cement Industries Limited (ACIL) is a cement company based in AdaniConneX [ ] AdaniConneX was launched in 2021 as a 50:50 joint venture with EdgeConneX to develop a network of hyperscale Adani Defence & Aerospace [ ] It is a defense manufacturing arm of the company. It manufactures with armed drones such as In September 2020, Adani acquired a 51 percent stake in PLR Systems Private Ltd which was incorporated in 2013 and engages in manufacturing and supply of indigenously built defense equipment to the armed forces. Adani Digital Labs [ ] Adani Digital Labs was incorporated in September 2021 as a wholly-owned subsidiary of Adani Enterprises, to build a digit...

Navi Mumbai International Airport to be operational by 2024: All details

A visual representation of the final look of under-construction Navi Mumbai International Airport. The project, belonging to All you need to know about Navi Mumbai International Airport: 1)Located at the center of the Mumbai Metropolitan Region (MMR) at Ulwe in Navi Mumbai, the state-of-the-art airport is being constructed in four phases. The first two phases will be completed by December next year. Also Read: 2)Induced with the latest technology, the makers have planned to establish the airport as highly energy efficient and environmentally friendly. All the vehicles to be used at the station will be electric, green electricity will be central to the airport’s operations with the use of solar power, generated on site. 3)The design of the airport terminal draws inspiration from the country's national flower, the Lotus, and is a visually stunning aesthetic as seen from aerial view. The project is a joint venture of the Adani Group and City and Industrial Development Corporation (CIDCO). 4)Spread over 1,160 acres, the entire cost of the project is ₹16,700 crore. The airport will also have a capacity to handle 2.5 million tonnes of cargo by 2032. 5)The need for this project was driven by the expected growth in the sector of air travel, with growing pressure on the existing Chhatrapati Shivaji Maharaj International Airport due to the anticipated future air traffic demand and capacity constraints.

Adani secures $2.5 billion share sale amid short

MUMBAI, Jan 31 (Reuters) - Gautam Adani's crucial $2.5 billion share sale was fully subscribed on Tuesday as investors pumped funds into his flagship firm, despite a $65 billion rout in the Indian billionaire's stocks sparked by a short-seller's report. The fundraising is critical for Hindenburg Research's report last week alleged improper use of offshore tax havens and concerns about high debt, which Adani denied, but the subsequent market meltdown has led to a dramatic and sudden fall in his fortunes as he slipped to eighth from third in Forbes rich list rankings. The 30% anchor portion of India's largest ever secondary share sale attracted investors including Maybank Securities and Abu Dhabi Investment Authority, as well as India's HDFC Life Insurance and state-backed Life Insurance Corporation The list of investors who participated in the book building, which had gathered only 3% in bids on Monday amid concerns over the rout in Adani's stocks, is not yet public. By Tuesday, the overall share sale was fully subscribed as foreign institutional investors and corporate funds flooded in, although participation by retail investors and Adani Enterprises "The purpose of the FPO (follow-on public offering) was two fold – to raise funds to reduce the debt and to broadbase the shareholding ... they haven't been able to broadbase the shareholding," Ambareesh Baliga, a Mumbai-based independent market analyst, said. The offer closes days after Adani's public face-off with Hindenburg...