Qatar fund in talks with Adani to invest in Mumbai airport
4 years, 2 months ago

Qatar fund in talks with Adani to invest in Mumbai airport

Live Mint  

Adani Airport Holdings Ltd is in advanced talks with Qatar Investment Authority to sell a minority stake in Mumbai International Airport Ltd that it acquired last month, two people aware of the matter said. The Qatar fund prefers to invest directly in the Mumbai airport operator, but alternatively, it may buy a stake in parent Adani Airport, the person said on condition of anonymity. Last month, the Adani group said it would take control of India’s second-busiest airport of Mumbai, in its biggest move yet to become a top airports operator. The deal also gives Adani Airport a controlling stake in the Navi Mumbai International Airport being developed by GVK Group.

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History of this topic

Adani Defence acquires 85.8% stake in Air Works at Rs 400 crore enterprise value
2 days, 5 hours ago

Adani Defence acquires 85.8% stake in Air Works at Rs 400 crore enterprise value

New Indian Express  

Adani Defence Systems & Technologies Ltd is acquiring 85.8% shareholding in Air Works, India’s largest private sector MRO company with the largest pan-India footprint, said the Adani Group in a statement on Monday. ADSTL will acquire the Air Works stake at an Enterprise Value of Rs 400 crore. Air Works offers an end-to-end bouquet of aviation services spanning line maintenance, …

Adani Group announces to invest Rs 7.5 lakh crore in Rajasthan across sectors
2 weeks, 2 days ago

Adani Group announces to invest Rs 7.5 lakh crore in Rajasthan across sectors

India TV News  

Rising Rajasthan Global Summit: The Adani Group is planning to invest Rs 7.5 lakh crore across various sectors in Rajasthan, said Karan Adani, Managing Director of Adani Ports and SEZ Ltd on Monday at the Rising Rajasthan Global Summit held on Monday at the Jaipur Exhibition and Convention Centre in Sitapura. While speaking at the Rising Rajasthan Summit, Karan Adani …

Adani Infra to buy 30% stake in construction firm PSP Projects for ₹6.85 billion
1 month ago

Adani Infra to buy 30% stake in construction firm PSP Projects for ₹6.85 billion

Live Mint  

Adani Infrastructure will acquire a 30.07 per cent stake in Gujarat-based construction firm PSP Projects for ₹6.85 billion. The Adani Infra deal values PSP Projects at ₹575 per share, which is a 15 per cent discount from its closing price on Tuesday. Additionally, Adani Infra will provide an “open offer” to purchase more stakes in PSP Projects as, according to …

Adani Group to invest $10 billion in US energy and infrastructure projects
1 month, 1 week ago

Adani Group to invest $10 billion in US energy and infrastructure projects

Live Mint  

Adani Group founder and chairman Gautam Adani said in a social media post on platform X on Wednesday, November 13, that the company will invest $10 billion in energy and infrastructure projects in the United States. The Adani Group Chair announced the company's aims to expand the partnership between India and the United States by leveraging its global expertise and …

Adani floats China subsidiary to provide project management services
3 months, 2 weeks ago

Adani floats China subsidiary to provide project management services

The Hindu  

Adani Group has formed a subsidiary in China to carry out the business of providing supply chain solutions and project management services, according to a regulatory filing. Adani Enterprises, the group's flagship firm, in the filing, said a Singapore-based step-down subsidiary incorporated a wholly-owned subsidiary, Adani Energy Resources Co., domiciled in Shanghai, China on September 2, 2024. "AERCL is incorporated …

Adani Enterprises gets board nod to raise Rs 16,600 crore via QIP
6 months, 3 weeks ago

Adani Enterprises gets board nod to raise Rs 16,600 crore via QIP

Business Standard  

The board of Adani Enterprises, the flagship firm of the conglomerate, on Tuesday approved raising Rs 16,600 crore by way of qualified institutional placement of shares or any other instruments, it told stock exchanges in a statement. The approval came a day after its transmission tower firm, Adani Energy Solutions, cleared plans to raise Rs 12,500 crore by way of …

India's Adani Energy Solutions to raise up to $1.5 billion
6 months, 3 weeks ago

India's Adani Energy Solutions to raise up to $1.5 billion

The Hindu  

India's Adani Energy Solutions said on Monday that its board has approved a fundraise of up to ₹125 billion. Business news website Moneycontrol had earlier reported that the two Adani companies — Adani Energy and Adani Enterprises — will collectively approve a fundraising plan in a range of $3.5-4 billion. Last year, U.S. shortseller Hindenburg in a report accused the …

Adani Group to invest 70 per cent of total investments in green energy: Sources
9 months, 1 week ago

Adani Group to invest 70 per cent of total investments in green energy: Sources

India TV News  

Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. According to sources, Adani Group is planning to invest USD 14 billion in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's …

Adani Group to invest ₹1.2 lakh crore in FY 2024-25 through 11 companies
9 months, 1 week ago

Adani Group to invest ₹1.2 lakh crore in FY 2024-25 through 11 companies

Op India  

Adani Group plans to invest USD 14 billion in 2024-25 financial year through its portfolio of 11 listed companies, in developing the country’s infrastructure, according to sources. India’s largest infrastructure conglomerate with showcase projects like Navi Mumbai Airport, Ganga Expressway, world’s largest renewable park at Khavda and Mundra Port has committed a USD 100 billion investment over the next 7-10 …

Adani to invest $14 billion in FY25
9 months, 1 week ago

Adani to invest $14 billion in FY25

The Hindu  

Adani group plans to invest more than ₹1.2 lakh crore across its portfolio companies that range from ports to energy, airports, commodities, cement and media in fiscal year starting April 1, as it doubles down on its $100 billion investment guidance over the next 7-10 years to grow businesses, sources said. Today, Adani Group is the world's second largest solar …

With India's aviation industry soaring, this Adani stock could be a big winner
9 months, 1 week ago

With India's aviation industry soaring, this Adani stock could be a big winner

Live Mint  

India is set to become the world’s third-largest air passenger market by 2030, after China and the US, as per the International Air Transport Association. Where the Adani Group Fits in India’s Aviation Sector Adani Airport Holdings, with an integrated airport network comprising seven operational brownfields and one under-construction greenfield airport, is well poised to be a huge beneficiary of …

Stocks to watch today: Adani Enterprises, Reliance Industries, Zee Entertainment
9 months, 2 weeks ago

Stocks to watch today: Adani Enterprises, Reliance Industries, Zee Entertainment

Hindustan Times  

Adani Enterprises: MD of Adani Ports and Special Economic Zone Karan Adani said that the Adani Group is set to invest approximately ₹60,000 crore in the expansion of its seven existing airports in the next 5-10 years. Adani Group also plans to invest ₹18,000 crore in the Navi Mumbai airport and the funding for the same could be sourced from …

Adani looking to raise ₹21,577 crore for airport, green expansion
10 months ago

Adani looking to raise ₹21,577 crore for airport, green expansion

Hindustan Times  

Billionaire Gautam Adani's conglomerate Adani Group, after recovering from the Hindenburg Research saga, is expanding towards airport and green energy projects throughout the country. In a bid to fund its green hydrogen projects, Adani's firm is seeking to raise $2.6 billion through top sovereign funds in the Middle East, reported Business Standard. Adani Group looks to raise $2.6 billion Adani …

Adani Group to invest ₹12,400 crore in Telangana in the coming years
11 months, 1 week ago

Adani Group to invest ₹12,400 crore in Telangana in the coming years

The Hindu  

Adani Group headed by its chairman Gautam Adani has announced investments to the tune of ₹12,400 crore in Telangana in the next few years. The Group’s company Adani Green Energy will invest ₹5,000 crore for setting up two pumped storage projects of 1,350 MW capacity and another firm AdaniConneX Data Centres has announced investment of an equal amount for setting …

Adani Group to invest Rs 8700 crores in JDU-RJD-ruled Bihar across sectors
1 year ago

Adani Group to invest Rs 8700 crores in JDU-RJD-ruled Bihar across sectors

Op India  

On Thursday, the Adani Group announced a significant commitment to amplify its investments in Bihar, aiming to increase the conglomerate’s financial commitment to the state tenfold. Pranav Adani, Managing Director of Adani Enterprises, shared during the Bihar Business Connect 2023 event that the group plans to boost its current investment in the state from Rs 850 crore to a substantial …

Adani gives Navi Mumbai airport a $1 bn push
1 year, 1 month ago

Adani gives Navi Mumbai airport a $1 bn push

Live Mint  

MUMBAI : The Adani Group has invested close to $1 billion in Navi Mumbai International Airport Ltd, in a bid to start operations by December next year, two people with direct knowledge of the development said. On 19 July, while addressing an annual general meeting of shareholders, group chairman Gautam Adani said the Navi Mumbai airport will achieve operational readiness …

Adani Group says government probing accounts of two Mumbai airports
1 year, 2 months ago

Adani Group says government probing accounts of two Mumbai airports

Live Mint  

Adani Enterprises on Friday informed the stock exchanges that the corporate affairs ministry is probing the accounts of the group's two airports in Mumbai. had sought information and documents on the airports – Mumbai International Airport Ltd and Navi Mumbai International Airport Ltd – for financial years 2017-18 to 2021-22. The Adani Group acquired a 74% stake in Mumbai’s international …

Abu Dhabi’s IHC increases stake in Adani Enterprises to 5.04%
1 year, 2 months ago

Abu Dhabi’s IHC increases stake in Adani Enterprises to 5.04%

Live Mint  

Mumbai: Abu Dhabi's International Holding Company has increased its stake in Adani Enterprises Ltd by 0.06% to 5.04%, according to an exchange filing on Tuesday. Adani Enterprises said IHC’s increased stake was a "ringing endorsement of the group's robust capex plans, governance and transparency. Last week IHC said it would sell its 1.26% stake in Adani Green Energy Ltd and …

Seven Adani stocks gain 2%-10%, Adani Ent, Adani Port among top gainers on Nifty
1 year, 4 months ago

Seven Adani stocks gain 2%-10%, Adani Ent, Adani Port among top gainers on Nifty

Live Mint  

Adani Group stocks have been in spotlight following Economic times news report that said Abu Dhabi National Energy Company PJSC is considering investing up to $2.5 billion in the group's power industry. Also, this week, Adani Power share price was in focus after GQG Partners purchased 31 crore shares, or more than 8% of the company's entire stake. Further, on …

Adani Green Energy's board approves raising Rs 12,500 crore, shares rise
1 year, 5 months ago

Adani Green Energy's board approves raising Rs 12,500 crore, shares rise

India Today  

Renewable energy company Adani Green Energy on Thursday said its board approved raising Rs 12,500 crore through a qualified institutional placement. Adani Green’s CFO Phuntsok Wangyal said in May that the company plans to expand green energy capacity by about 3 gigawatts this financial year, which will cost around Rs 14,000 crore. Adani Green Energy, in particular, has witnessed a …

Adani Green to consider fundraising on 6 July
1 year, 5 months ago

Adani Green to consider fundraising on 6 July

Live Mint  

Billionaire Gautam Adani's renewable energy company, Adani Green on Tuesday said its board would consider a proposal to raise funds by way of issuance of shares or other securities on 6 July. In a BSE filing, Adani Green informed, "A meeting of the board of directors of Adani Green Energy Limited will be held on Thursday, July 06, 2023, at …

Adani Group to raise $3.5 billion through share sale in 3 companies
1 year, 6 months ago

Adani Group to raise $3.5 billion through share sale in 3 companies

Live Mint  

Billionaire Gautam Adani-led group is set to raise $3.5 billion through an equity share sale to institutional investors in the boldest comeback strategy after US short-seller Hindenburg Research levelled accusations against the ports-to-energy conglomerate of stock manipulation and financial wrongdoings. While boards of Adani Enterprises Ltd and electricity transmission company Adani Transmission Ltd have already approved raising up to ₹21,000 …

GQG pumps up to $500mn more into Adani group cos
1 year, 6 months ago

GQG pumps up to $500mn more into Adani group cos

Live Mint  

Mumbai: GQG Partners, which invested $1.87 billion in four Adani group companies in the first week of March, has pumped in another $330 million-$530 million into these companies since then, demonstrating the investor’s continued interest in the ports to renewable energy conglomerate. View Full Image Graphic: Mint On 2 March, the Adani group disclosed that GQG had invested ₹15,446 crore …

Adani Group in talks to raise $800 million to finance new projects: Report
1 year, 7 months ago

Adani Group in talks to raise $800 million to finance new projects: Report

Hindustan Times  

Adani Group is aiming to raise about $800 million for new green energy projects, people familiar with the matter said, in what could be the conglomerate’s biggest borrowing since it was slammed by a short seller in January. Billionaire Gautam Adani-led group is in discussions with global banks including Sumitomo Mitsui Banking Corp., DBS Bank Ltd., Mitsubishi UFJ Financial Group. …

Adani Group repays share-backed financing worth ₹7,374 crore
1 year, 9 months ago

Adani Group repays share-backed financing worth ₹7,374 crore

The Hindu  

Embattled Adani Group on March 7 said it has repaid share-based financing of ₹7,374 crores and will prepay all such remaining loans by the end of the month, as it looks to allay concerns over leverage and debt to win over investors. The repayment will release pledge on shares of promoters in four group companies, it said in a statement, …

Adani stocks: GQG Partners buys stake worth ₹15,446 cr in mega block deals
1 year, 9 months ago

Adani stocks: GQG Partners buys stake worth ₹15,446 cr in mega block deals

Live Mint  

US-based boutique investment firm GQG Partners has bought stake worth ₹15,446 crore in three Adani Group Companies through block deals, the conglomerate said on Thursday, marking the first major investment in the group since US short-seller's explosive report sparked a stock rout. GQG Partners had investments in Adani Ports and Special Economic Zone Limited, Adani Green Energy Limited, Adani Transmission …

Adani group says no refinancing issues in bid to calm jittery investors
1 year, 10 months ago

Adani group says no refinancing issues in bid to calm jittery investors

Hindustan Times  

Adani group said on Tuesday that its companies face no material refinancing risk, or near-term liquidity issues, in its latest attempt to calm investors spooked by a U.S. short-seller's critical report on its business practices. In a long-awaited credit report issued by Adani to Indian exchanges on Tuesday, the apples-to-airports group said there was "no material refinancing risk and near-term …

No, Mumbai Airport Wasn't 'Taken Away & Given to Adani'. A Fact-check for Rahul Gandhi by GVK Group
1 year, 10 months ago

No, Mumbai Airport Wasn't 'Taken Away & Given to Adani'. A Fact-check for Rahul Gandhi by GVK Group

News 18  

Business conglomerate GVK Group on Wednesday categorically said there was no “extraneous pressure” from anyone to sell its stake in Mumbai airport as alleged by Congress leader Rahul Gandhi. After that, India’s most strategic, profitable airport, Mumbai Airport, was taken away from GVK using agencies like the CBI, ED, and was given to Adani by the Government of India,” he …

Modi govt didn’t ‘pressure’ GVK to sell Mumbai Airport to Adani
1 year, 10 months ago

Modi govt didn’t ‘pressure’ GVK to sell Mumbai Airport to Adani

Live Mint  

The Narendra Modi administration, according to GV Sanjay Reddy, did not force GVK to hand over Mumbai Airport to the Adani Group. In July 2021, GVK handed control of the Mumbai airport over to Adani Airport Holdings Ltd. Gandhi earlier alleged that the Modi government “hijacked” “India's most profitable airport” from GVK using agencies like CBI and ED and gave …

Adani airport work may need new funding after FPO fiasco
1 year, 10 months ago

Adani airport work may need new funding after FPO fiasco

Live Mint  

The withdrawal of the follow-on public offering by the Adani Group will impact its airport upgradation plans, since over one-fourth of the proceeds was intended for developing its airports. According to the company’s plans, over ₹5,200 crore was to be used for upgradation of the airports in Ahmedabad, Lucknow and Mangaluru, starting January 2023 to March 2024, ₹4,165 crore for …

Abu Dhabi IHC invests $400 mn in Adani Enterprises FPO
1 year, 10 months ago

Abu Dhabi IHC invests $400 mn in Adani Enterprises FPO

Live Mint  

Abu Dhabi's International Holding Company on Monday announced that will invest $400 million in Adani Enterprises' ₹20,000-crore follow-on public offer via its subsidiary Green Transmission Investment Holding RSC Limited. IHC, which invested almost $2 billion in Adani’s companies last year, is making the investment in Adani Enterprises through its subsidiary Green Transmission Investment Holding RSC Ltd. Billionaire Gautam Adani-backed Adani …

Adani Enterprises FPO subscribed 1%, retail portion subscribed 2% on day 1
1 year, 10 months ago

Adani Enterprises FPO subscribed 1%, retail portion subscribed 2% on day 1

Live Mint  

Adani Enterprises Ltd's follow-on public offer worth ₹20,000 crore kicked off on Friday. The Adani Group stocks continued to remain under pressure on Friday, falling up to 20% in morning trade, after the US-based investment research firm Hindenburg Research made damaging allegations. Shares of Adani Total Gas plummeted 19.65 per cent, Adani Transmission tumbled 19%, Adani Green Energy plunged 15.5% …

Adani Group Stocks Lose Rs 55,000 cr in M-Cap After Hindenburg Says It Holds Short Positions
1 year, 10 months ago

Adani Group Stocks Lose Rs 55,000 cr in M-Cap After Hindenburg Says It Holds Short Positions

News 18  

Adani Group Shares were trading in the red zone on Wednesday following a report by Hindenburg Research that claimed that the Indian giant had participated in a clear stock manipulation and accounting fraud scheme over decades. The short-seller said seven Adani listed companies have an 85% downside on a fundamental basis due to sky-high valuations and that “key listed Adani …

Adani Group may bid in upcoming airport auctions
1 year, 11 months ago

Adani Group may bid in upcoming airport auctions

Live Mint  

The Adani Group may join the upcoming auction of airports in the public-private partnership model, a top executive said. The speculation is that there will be 11 airports which will be bid this time and we will look at terms and conditions of the RFQ and accordingly, we will make a decision if there is any property which is of …

Adani to use $2.5 billion share-sale proceeds for capex, debt repayment
1 year, 11 months ago

Adani to use $2.5 billion share-sale proceeds for capex, debt repayment

The Hindu  

India's Adani Enterprises will use the proceeds of the ₹200 billion follow-on public offering, beginning on January 27, for capital expenditure requirements and pay off some debt of its units. The company will use ₹108.69 billion from India's biggest FPO to fund green hydrogen projects, airports facilities and greenfield expressways, the Indian billionaire Gautam Adani-helmed firm said in its latest …

Adani FPO in the works to fund new-age businesses
2 years, 1 month ago

Adani FPO in the works to fund new-age businesses

Live Mint  

MUMBAI : Billionaire Gautam Adani’s flagship Adani Enterprises Ltd is planning a follow-on public offering to finance the group’s expansion in green and digital businesses, three people aware of the development said. ReNew to sell 1GW plants at $1bn enterprise value What India gains from FTA with Australia 5 charts reveal the state of state economies In September, Adani, the …

Adani group to invest $150 bn in pursuit of $1 trillion valuation
2 years, 1 month ago

Adani group to invest $150 bn in pursuit of $1 trillion valuation

The Hindu  

Richest Asian Gautam Adani's group will invest over $150 billion across businesses ranging from green energy to data centres to airports and healthcare as it chases the dream to join the elite global club of companies with $1 trillion valuations. On October 10, Adani Group Chief Financial Officer Jugeshinder 'Robbie' Singh detailed the growth plans of the group, which started …

Gautam Adani | From a trader to the world’s third-richest
2 years, 3 months ago

Gautam Adani | From a trader to the world’s third-richest

The Hindu  

Industrialist Gautam Adani, who founded the ports-to-green energy Adani Group, last week broke into the top three in the Bloomberg Billionaires Index, trailing only Tesla founder Elon Musk and Amazon boss Jeff Bezos. With the group’s own trading business frequently impacted by delays in cargo clearance at other ports in the country, Mr. Adani decided this was the opportune moment …

Adani Enterprises profit rises 76% to ₹469 crore in June quarter
2 years, 4 months ago

Adani Enterprises profit rises 76% to ₹469 crore in June quarter

The Hindu  

Adani Enterprises Ltd. on Thursday reported a 76.48% rise in consolidated profit at ₹468.74 crore for the first quarter ended June on the back of higher revenue from operations. In a statement, Adani Group Chairman Gautam Adani said the group intends to leverage AEL’s incubation strategy model. AEL’s high growth lays the foundation for the Adani Group to accelerate the …

Why Adani wants ₹ 14,000 cr loan from SBI
2 years, 5 months ago

Why Adani wants ₹ 14,000 cr loan from SBI

Live Mint  

MUMBAI : Adani Group has approached the country’s largest lender, State Bank of India, for a ₹14,000 crore loan to build a coal-to-polyvinyl chloride plant in Gujarat’s Mundra, two people aware of the development said. One of the largest project credit proposals in recent months, the loan is even larger than the ₹12,770-crore loan Adani Enterprises arm Navi Mumbai International …

Abu Dhabi-Based IHC Completes Rs 15,400-Crore Investment In Three Adani Firms
2 years, 7 months ago

Abu Dhabi-Based IHC Completes Rs 15,400-Crore Investment In Three Adani Firms

ABP News  

New Delhi: International Holding Company PJSC, an Abu Dhabi-based global strategic investment firm, on Tuesday announced the completion of a Rs 15,400 crore investment transaction in the Adani Portfolio companies, Adani Green Energy Limited, Adani Transmission Limited, and Adani Enterprises Limited, according to the news release by Adani Group. IHC has funded for several projects of Adani Green Energy, Adani …

Adani Airports raises $250 million for airports development
2 years, 7 months ago

Adani Airports raises $250 million for airports development

India TV News  

Highlights AAHL is a wholly owned subsidiary of Adani Enterprises Ltd AAHL handle around 200 million consumers, including passengers and non-passengers It is largest airport infrastructure company, accounting for 30% of India’s air cargo traffic Adani Airport Holdings Ltd on Monday said it has raised USD 250 million through a 3-year ECB facility from a consortium of Standard Chartered Bank …

Mumbai International Airport raises $750 million from Apollo
2 years, 7 months ago

Mumbai International Airport raises $750 million from Apollo

Live Mint  

Adani Enterprises on Wednesday informed that Mumbai International Airport Ltd, which owns and operates the Chhatrapati Shivaji Maharaj International Airport in Mumbai, the second largest airport in India has raised $750 million senior secured private placement notes from Apollo-managed credit funds. “Apollo’s Credit business was able to provide a scaled, long-term capital solution for MIAL, with the majority of proceeds …

Adani Total forays into electric mobility infrastructure
2 years, 8 months ago

Adani Total forays into electric mobility infrastructure

India TV News  

Adani Total Gas Ltd, a joint venture of Adani Group and French energy giant Total Energies SE, has forayed into the electric mobility infrastructure sector by launching its first EV charging station in Ahmedabad. The electric vehicle charging station "will enable quick turnaround time for EV owners with best-in-class fast charging technology and convenient use digital platforms," it said. "The …

Adani Wilmar Fixes IPO Price Band At Rs 218-230 Per Share , Plans To Raise Rs 3,600 Cr
2 years, 11 months ago

Adani Wilmar Fixes IPO Price Band At Rs 218-230 Per Share , Plans To Raise Rs 3,600 Cr

ABP News  

New Delhi: Adani Wilmar on Friday fixed a price band of Rs 218-230 a share for its Initial Public Offer through which it aims to raise up to Rs 3,600 crore to fund capital expenditure, reduce debt and for acquisitions as it seeks to become India's biggest food and FMCG company. The public issue of Adani Wilmar, which markets its …

Adani got assets at 3 airports for a song, says AAI union
3 years, 2 months ago

Adani got assets at 3 airports for a song, says AAI union

The Hindu  

The Airports Authority of India’s aeronautical and non-aeronautical assets at three airports that were taken over by the Adani group, were transferred at a fraction of earlier estimates, the Authority’s employee union has alleged. In an open letter to Prime Minister Narendra Modi on October 2, the Airports Authority Employees’ Union has highlighted that assets valued at ₹1,300 crore at …

All Adani Stocks Generated Returns Over 100%, Says Gautam Adani During AGM
3 years, 5 months ago

All Adani Stocks Generated Returns Over 100%, Says Gautam Adani During AGM

ABP News  

Mumbai: The market capitalization of Adani Group firms surpassed over $100 billion in the very first week of this new financial year, a milestone for a first-generation Indian company, and all Adani stocks generated returns over 100% returns, said billionaire Gautam Adani, Chairman Adani Group while addressing the shareholders on Monday. While highlighting the group milestones, Mr. Adani said, Adani …

Maharashtra Government Approves Adani to Operate Upcoming Navi Mumbai International Airport
3 years, 6 months ago

Maharashtra Government Approves Adani to Operate Upcoming Navi Mumbai International Airport

News 18  

The Maharashtra government on Wednesday approved Adani Airport Holdings Ltd to operate the upcoming Navi Mumbai International Airport in the adjoining Thane-Raigad region, an official said here. The state cabinet presided over by Chief Minister Uddhav Thackeray gave its green signal to AAHL as the new concessionaire to the prestigious greenfield airport coming up as a public-private partnership project. With …

Adani group to operate new Navi Mumbai International Airport
3 years, 6 months ago

Adani group to operate new Navi Mumbai International Airport

India TV News  

The Maharashtra government on Wednesday approved Adani Airport Holdings Ltd to operate the upcoming Navi Mumbai International Airport in the adjoining Thane-Raigad region, an official said here. The state cabinet presided over by Chief Minister Uddhav Thackeray gave its green signal to AAHL as the new concessionaire to the prestigious greenfield airport coming up as a public-private partnership project. With …

Adani Group Acquires 23.5 Percent Stake in Mumbai International Airport, Aims 74 Percent Stake
3 years, 10 months ago

Adani Group Acquires 23.5 Percent Stake in Mumbai International Airport, Aims 74 Percent Stake

News 18  

Adani Group’s flagship holding company Adani Airport Holdings Ltd has acquired 23.5 per cent stake in the Mumbai International Airport Ltd from ACSA Global Ltd and Bid Services Division Ltd for Rs 1,685.25 crore. “Adani Airport Holdings Ltd has acquired 23.5 per cent equity stake i.e. 28,20,00,000 equity shares of Rs 10 of Mumbai International Airport Ltd from ACSA Global …

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