 "Adani Enterprises Makes Bold Retail Bond Debut Amid Controversy")
Adani Enterprises has successfully launched its first retail bond, fully subscribed on its debut day. This move marks a significant return to the capital markets for the Indian conglomerate, which faced scrutiny following allegations by Hindenburg Research that impacted its share prices. The company aims to raise up to Rs 800 crore ($95.32 million) through ...
 "Adani Green and TotalEnergies Forge Power Partnership Amid Market Surge")
Adani Green Energy has announced a significant milestone as its board approved a joint venture with TotalEnergies, allowing the French energy giant to invest $444 million. This partnership comes on the heels of a previous $300 million deal to enhance renewable energy capacity in India, a country still heavily reliant on coal. The new venture ...
 "Adani Power Battles Himachal Pradesh for Rs 280 Crore Hydropower Refund")
Adani Power Limited has approached the Supreme Court to challenge a recent decision by the Himachal Pradesh High Court regarding a refund of Rs 280 crore linked to two hydropower projects in Kinnaur district. The Supreme Court has requested a response from the Himachal government on this matter. In July, the High Court overturned a ...
 "Adani Wilmar Eyes Expansion: Billion Acquisition Drive in FMCG Sector")
Adani Wilmar is set to enhance its presence in India’s packaged consumer goods Market with plans to acquire three food companies, backed by a $1 billion acquisition fund. This strategy focuses on brands that specialize in spices, ready-to-cook foods, and packaged edibles, aiming to increase revenue from consumer sectors to 25-30%. The company has already ...
 "Billionaire Gautam Adani and his family have topped the 2024 Hurun India Rich List, despite facing allegations from Hindenburg Research last year. Their wealth surged by 95% to Rs 11.61 trillion, dethroning Mukesh Ambani. Adani recorded the highest wealth growth among India’s top ten richest, with significant gains in sectors like ports and energy. The list also highlights Bollywood’s increasing wealth, with Shah Rukh Khan entering for the first time. Overall, India’s billionaires added Rs 28 trillion, representing over half of the nation’s GDP, as the country becomes Asia’s “wealth creation engine.”")
Adani has surpassed Ambani to become India’s richest person according to the latest Hurun list. In an exciting twist, Bollywood superstar Shah Rukh Khan has made his debut on the list. This marks a significant shift in India’s wealth landscape, highlighting the rapid rise of Adani and the enduring popularity of SRK. Read on to ...
