The Indian cement sector has seen a lot of drastic changes over the past few years. Some of the major acquisitions were taken up in this business sector by global business giants. India’s infrastructural business has also experienced immense growth. This has again caused a massive rise in the demand for cement. There has been…
Adani Enterprises Limited, Bharat Heavy Electrical Limited, Waree Engines Ltd, Avaada Electrolyzer Private Limited, and Thermax Ltd are among the top 23 companies who have submitted the bid for incentives to manufacture electrolysers under the second tranche of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme. This is an excellent initiative taken up by…
The state government of Hyderabad has planned to hand over the responsibility of collecting the electricity bills in Hyderabad’s Old City to Adani Group. This is a big win for the Adani Group in the power generation sector. The conglomerate has been working towards increasing its electricity distribution network for a long time now. With…
LIC’s investments in various Adani Group firms have soared, registering a remarkable 70% increase during FY24. Among these investments, Adani Green and Adani Ports witnessed the most substantial appreciation in value. Adani Green energy Limited saw an impressive surge of 114%, with LIC’s investments growing from ₹1,892 crore at the end of FY23 to ₹4,045…
Stocks in the Adani Group did better than the market overall in the first several trading sessions. The cause of the rise was the expected decision of the Supreme Court in the case. In its decision on Wednesday (3rd Jan’24), the Supreme Court concluded that there is insufficient evidence to warrant the referral of the Hindenburg…