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Adani Energy Solutions Share Sale Gets Three-Fold Bids As Buyers Pile In
Billionaire Gautam Adani's power transmission unit, Adani Energy Solutions, has received bids that are more than three times the amount the company plans to raise from a share sale, signalling strong investor interest.
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Elon Musk Postpones India Visit Due to 'Very Heavy Tesla Obligations'
Elon Musk announced on Saturday that he has postponed his visit to India to later this year. The Tesla CEO said in a post on X that "very heavy Tesla obligations require that the visit to India be delayed". Musk was scheduled to meet Prime Minister Narendra Modi during his now-postponed visit.
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Disney, Reliance Said to Ink Binding Pact to Merge India Media Operations
Walt Disney and Reliance Industries have signed a binding pact to merge their media operations in India, according to people familiar with the matter, as the US entertainment giant recasts its strategy amid intense competition in the world’s most-populous country.
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Government to Auction Airwaves Valued at $11.6 Billion to Boost Phone Networks
The government has approved a plan to auction $11.6 billion worth of airwaves at reserve price, as per a statement from the Ministry of Communications. The upcoming spectrum auction will help major carriers Jio, Airtel, and Vi to boost services in the country.
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Gautam Adani Secures Ore for $1.2 Billion Copper Smelter In Gujarat's Mundra
Billionaire Gautam Adani's conglomerate has signed contracts to buy 1.6 million tons a year of copper concentrate for the world's largest single-location smelter for the industrial metal.
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Adani Green Lines Up Funding To Redeem $750 Million Bond
Billionaire Gautam Adani's renewable energy unit arranged the money to pay back its $750 million bond due in September, with some provided by the Indian tycoon and his associates' own cash pile.
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Gautam Adani Overtakes Mukesh Ambani As India's Richest As Net Worth Soars
After a roller-coaster ride on the wealth rankings last year, Gautam Adani is back to being Asia's wealthiest person days after Supreme court said no new probes were needed into Hindenburg Research's bombshell allegations.
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Adani Group Plots Expansion Of Overseas Port Empire After US Funding
Karan Adani said that a newly inked $553 million US government financing deal toward a port terminal being developed by his family's conglomerate was a "reaffirmation by the international community."
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Disney Said to Near Multibillion-Dollar Deal With Reliance
Reliance Industries, controlled by Asia’s richest tycoon Mukesh Ambani, is nearing a cash and stock deal to buy Walt Disney’s India operations, according to people familiar with the matter. The acquisition could be announced as early as next month with some of Reliance’s media units merged into Disney Star, the people said, without providing ...
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Disney Is Considering Selling Its Indian Streaming and TV Business, Reliance Is Among Potential Buyers
Disney has held preliminary talks with potential buyers for its India streaming and television business including billionaire Mukesh Ambani’s Reliance Industries. The company has discussed a range of options with would-be suitors, from selling Disney Star entirely to a piecemeal transaction that may include some combination of its assets includin...
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All About The Scions Who Will Take Charge Of Reliance Business Empire
Asia's richest man Mukesh Ambani took another step on Monday to lay out a succession plan at Reliance Industries Ltd.
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Tata to Build Rs. 130 Billion Electric Vehicle Battery Plant in Gujarat
India’s Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around Rs. 130 billion rupees. Tata Agaratas Energy Storage Solutions, a subsidiary of Tata Group, signed a memorandum of understanding on Friday to establish an electric-ve...
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JioCinema to Charge Subscription Fee After IPL 2023, Will Add Over 100 Films and Web Series to Platform
JioCinema, which currently offers free access to its platform to all users and is the streaming platform for IPL 2023, is expected to start charging a subscription fee for its service after the conclusion of the IPL tournament. The platform is adding over 100 films and TV series, being produced by Jio Studios.
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These 2 Tycoons Bought Adani Shares During Short Seller Fight: Report
At least two of India's biggest business families participated in Adani Enterprises Ltd.'s $2.5 billion share sale, according to people familiar with the matter, in a sign of solidarity with Gautam Adani.
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Gautam Adani, Asia's Richest Man, Sees An "Indian Summer" After Snowless Davos
Gautam Adani, the Indian tycoon who is now Asia's richest person, called on his government to align with local businesses and seize the opportunity as China slows and global alliances fracture.
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Adani Energy Solutions Share Sale Gets Three-Fold Bids As Buyers Pile In
Billionaire Gautam Adani's power transmission unit, Adani Energy Solutions, has received bids that are more than three times the amount the company plans to raise from a share sale, signalling strong investor interest.
-
Elon Musk Postpones India Visit Due to 'Very Heavy Tesla Obligations'
Elon Musk announced on Saturday that he has postponed his visit to India to later this year. The Tesla CEO said in a post on X that "very heavy Tesla obligations require that the visit to India be delayed". Musk was scheduled to meet Prime Minister Narendra Modi during his now-postponed visit.
-
Disney, Reliance Said to Ink Binding Pact to Merge India Media Operations
Walt Disney and Reliance Industries have signed a binding pact to merge their media operations in India, according to people familiar with the matter, as the US entertainment giant recasts its strategy amid intense competition in the world’s most-populous country.
-
Government to Auction Airwaves Valued at $11.6 Billion to Boost Phone Networks
The government has approved a plan to auction $11.6 billion worth of airwaves at reserve price, as per a statement from the Ministry of Communications. The upcoming spectrum auction will help major carriers Jio, Airtel, and Vi to boost services in the country.
-
Gautam Adani Secures Ore for $1.2 Billion Copper Smelter In Gujarat's Mundra
Billionaire Gautam Adani's conglomerate has signed contracts to buy 1.6 million tons a year of copper concentrate for the world's largest single-location smelter for the industrial metal.
-
Adani Green Lines Up Funding To Redeem $750 Million Bond
Billionaire Gautam Adani's renewable energy unit arranged the money to pay back its $750 million bond due in September, with some provided by the Indian tycoon and his associates' own cash pile.
-
Gautam Adani Overtakes Mukesh Ambani As India's Richest As Net Worth Soars
After a roller-coaster ride on the wealth rankings last year, Gautam Adani is back to being Asia's wealthiest person days after Supreme court said no new probes were needed into Hindenburg Research's bombshell allegations.
-
Adani Group Plots Expansion Of Overseas Port Empire After US Funding
Karan Adani said that a newly inked $553 million US government financing deal toward a port terminal being developed by his family's conglomerate was a "reaffirmation by the international community."
-
Disney Said to Near Multibillion-Dollar Deal With Reliance
Reliance Industries, controlled by Asia’s richest tycoon Mukesh Ambani, is nearing a cash and stock deal to buy Walt Disney’s India operations, according to people familiar with the matter. The acquisition could be announced as early as next month with some of Reliance’s media units merged into Disney Star, the people said, without providing ...
-
Disney Is Considering Selling Its Indian Streaming and TV Business, Reliance Is Among Potential Buyers
Disney has held preliminary talks with potential buyers for its India streaming and television business including billionaire Mukesh Ambani’s Reliance Industries. The company has discussed a range of options with would-be suitors, from selling Disney Star entirely to a piecemeal transaction that may include some combination of its assets includin...
-
All About The Scions Who Will Take Charge Of Reliance Business Empire
Asia's richest man Mukesh Ambani took another step on Monday to lay out a succession plan at Reliance Industries Ltd.
-
Tata to Build Rs. 130 Billion Electric Vehicle Battery Plant in Gujarat
India’s Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around Rs. 130 billion rupees. Tata Agaratas Energy Storage Solutions, a subsidiary of Tata Group, signed a memorandum of understanding on Friday to establish an electric-ve...
-
JioCinema to Charge Subscription Fee After IPL 2023, Will Add Over 100 Films and Web Series to Platform
JioCinema, which currently offers free access to its platform to all users and is the streaming platform for IPL 2023, is expected to start charging a subscription fee for its service after the conclusion of the IPL tournament. The platform is adding over 100 films and TV series, being produced by Jio Studios.
-
These 2 Tycoons Bought Adani Shares During Short Seller Fight: Report
At least two of India's biggest business families participated in Adani Enterprises Ltd.'s $2.5 billion share sale, according to people familiar with the matter, in a sign of solidarity with Gautam Adani.
-
Gautam Adani, Asia's Richest Man, Sees An "Indian Summer" After Snowless Davos
Gautam Adani, the Indian tycoon who is now Asia's richest person, called on his government to align with local businesses and seize the opportunity as China slows and global alliances fracture.
