Gautam Adani might raise $5 billion to overshadow high debt ratios
Gautam Adani intention to raise at least $5 billion in equity tries to address two of the most common critiques thrown at the Indian tycoon’s growing empire: high debt ratios…
Essar Group becomes debt-free as it repays $25 billion
Essar Group of India has become debt-free, having cleared the remaining of its $25 billion debt after selling two ports and a power plant to ArcelorMittal Nippon Steel Ltd (AM/NS).…
India to export green hydrogen to reach zero emissions target
According to Reuters, India is in negotiations with other countries governments about exporting green hydrogen produced in the South Asian country. “We are in a position to make green hydrogen…
Adani Group to infuse more than $150 billion In pursuit Of $1 trillion valuation
Adani Group : Gautam Adani’s organization will invest more than USD 150 billion in industries ranging from green energy to data centers, airports, and healthcare in order to join the…
Adani pledges shares worth $13 billion
Billionaire Gautam Adani’s company committed $13 billion in shares in two Indian cement firms just days after completing the acquisition of Holcim Ltd., demonstrating the world’s second-richest person’s need for…
Adani Group to acquire stake in NDTV
On Tuesday, Adani Group declared that it would buy a 29.18 percent ownership in New Delhi Television Ltd. (NDTV). Apart from this they will make an open offer to purchase…