Adani Group announced their Rs 4400-crore acquisition
Reliance Industries Ltd (RIL), Tata group and the Aditya Birla group—India’s three biggest conglomerates—have announced new investments or capital expenditure adding up to almost Rs.3 trillion over the next 3-4 years. The corporate spending had reduced during the economic slowdown in the last few years. Others, like the Adani Group and Larsen and Toubro Ltd [...] Continue Reading »
In a move which is a clear indication of the fact that the Rs 50,000-crore Adani group is on a fast track, the company has recently revealed that it has acquired the Dharma port for Rs 4,400 crore. The announcement of the Dharma port acquisition by the Adani group was made on the day when [...] Continue Reading »
Adani Group seems like it’s launching projects in a hurry, with talk of so many projects in the pipeline, just waiting to be launched. On the day of the election results, after Modi came out victorious, Adani Group announced their Rs 4,400-crore acquisition of the Dhamra port. Only a week after this announcement, Adani Realty, [...] Continue Reading »
