[ad_1] A brokerage house, Cantor Fitzgerald, expects shares of Adani Green Energy Ltd. to rally as much as 40%. The brokerage has initiated coverage on the stock with an ‘Overweight’ rating, and a price target of ₹1,222, which implies a potential upside of 40% from Thursday’s closing levels. Friday was a market holiday due to […]
Adani Power secures letter of intent to acquire Vidarbha Industries Power – CNBC TV18
[ad_1] Adani Power Ltd on Monday, February 24, said it received the approval of the Committee of Creditors (CoC) for its resolution plan for Vidarbha Industries Power Ltd (VIPL), a subsidiary of Reliance Power. Company Value Change %Change Vidarbha Industries Power is currently undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy […]
Gautam Adani’s net worth is down $12 billion in 2025 so far, most after Elon Musk – CNBC TV18
[ad_1] A 13% decline in Adani Group stocks since the start of 2025 has erased $12 billion from founder Gautam Adani’s net worth. According to the Bloomberg Billionaires Index, Gautam Adani’s fortune has seen the second-largest decline so far this year, trailing only Tesla founder Elon Musk. Company Value Change %Change Musk, the world’s richest […]
Q3 Results Live Updates: Maruti Suzuki, SRF, Tata Motors to announce earnings today
[ad_1] By CNBCTV18.COM | Jan 29, 2025 10:28 AM IST (Updated) Stocks like Maruti Suzuki, SRF, Tata Motors, Aarti Drugs, Adani Power, Ambuja Cements, Bajaj Finance, Brigade Enterprises, GMR Power, JBM Auto, Jupiter Wagons, KPIT Technologies, Olectra Greentec, among others, will be in focus today as these companies will release their December quarter earnings today, January […]
Gautam Adani Bribery Case LIVE: 10 of 11 Adani Group stocks back in green
[ad_1] Nov 22, 2024 12:03 PM IST Gautam Adani Bribery Case LIVE: US charges against Adani, 7 others could lead to arrest warrants, extradition bid, says attorney With the US filing civil and criminal charges against billionaire Gautam Adani and seven others over a multi-million-dollar bribery scheme, a prominent attorney here has said that the […]
Gautam Adani Bribery Case LIVE: White House reacts, ‘India and US ties strong’ despite Adani issue
[ad_1] By CNBCTV18.COM | Nov 22, 2024 9:21 AM IST (Updated) Gautam Adani charged with bribery scheme LIVE: A day after fallout from a US indictment against Indian billionaire Gautam Adani over allegations of bribery, the White House in a press briefing on November 21 said, it is aware of allegations levelled against the Adani Group […]
Adani Bribery Case Live: Adani Group stocks fall up to 20% post US district court, SEC charges
[ad_1] By CNBCTV18.COM | Nov 21, 2024 9:59 AM IST (Updated) Adani Bribery Case Live: Shares of all Adani Group companies are trading with losses between 10% or 20% at the start of trading on Thursday, November 21, after the US District Court and the Securities & Exchanges Commission framed bribery charges against Gautam Adani and […]
Trade Setup for September 16: Nifty to see further gains ahead of Fed rate decision? – CNBC TV18
[ad_1] The Nifty and Sensex took a breather on Friday after the stupendous move seen on Thursday afternoon. While that can only be par for the course, it was nothing that would set alarm bells ringing among the market participants. The only ones whose alarm bells, panic bells, SOS calls were triggered on Thursday, were […]
Adani Power’s ₹4,101 crore acquisition of Lanco Amarkantak Power approved by NCLT – CNBC TV18
[ad_1] On August 22, 2024, Adani Power Ltd announced that the National Company Law Tribunal (NCLT) Hyderabad Bench approved its ₹4,101 crore resolution plan to acquire Lanco Amarkantak Power Ltd (LAPL). The NCLT issued the order on August 21, 2024, and it became available on the NCLT’s website the next day. The acquisition is part […]
Adani Group looks to sell up to 5% stake in Adani Power, Ambuja Cements — Awaaz Exclusive – CNBC TV18
[ad_1] The Adani Group is looking to reduce debt by paring promoter holdings in group companies like Adani Power and Ambuja Cements, sources with knowledge of the matter told CNBC Awaaz. Sources further said that the promoters are looking to sell 5% stake each in Adani Power and Ambuja Cements. At the end of the […]