ATSFL and EHL would hold a 49 per cent and 51 per cent shareholding, respectively, in the proposed joint venture with equal participation in the board of directors of the company, according to a regulatory filing.
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TotalEnergies invests $300 million in Adani Energy project
In a statement, AGEL said it completed “1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in AGEL subsidiary, for acquiring 50% stake in the projects.”
TotalEnergies invests $300 million in Adani Energy project
In a statement, AGEL said it completed “1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in AGEL subsidiary, for acquiring 50% stake in the projects.”
Property wins big, Adani lags in stellar year for Indian stocks
Robust economic growth, an infrastructure push and a pause in interest-rate increases have helped propel its equity market to successive highs.
Hikal shareholders vote against continuation of Baba Kalyani as director
The development comes at a time when Kalyani, the Chairman and Managing Director of Bharat Forge, is locked in a legal battle with his sister Sugandha Hiremath for the ownership of Hikal.
Adani secures power purchase pacts for 8GW of solar projects
The green energy arm of billionaire Gautam Adani’s coal-to-airports conglomerate signed a 25-year contract with Solar Energy Corp. of India, or Seci, for the remaining 1.8 gigawatts, it said Monday.
Anupam Rasayan signs Rs 507-cr Letter of Intent with Japanese firm
The agreement is for the supply of new age polymer intermediate and has a revenue potential of $61 million. The product will be manufactured in the company#39;s existing and new multipurpose manufacturing facilities, Anupam Rasayan said in a release.
Inox Wind bags 279 MW project
The scope comprises a mix of equipment supply with limited scope EPC (engineering procurement construction) for 180 MW and end-to-end turnkey execution for 99 MW, a company statement said.
Year Ender 2023: 15 must-read books on business, economics and management
Business storytelling might be stylistically and structurally different. But here’s a list of 15 books released this year that defy limitations, covering an array of topics, from cryptocurrency to ‘climate capitalism’ and surveillance, and will appeal to a wider readership.
Main-board IPOs weather global headwinds, collect Rs 52,000-cr in 2023
Mainboard IPO capital in 2023 records a slight dip to Rs 52,000 crore amid global volatility; increased issuances suggest resilience. Bullish outlook prevails for 2024.