Adani family

Adani family infuses additional Rs 8,339 crore in Ambuja; its stake rises to 70.3%

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[ AHMEDABAD: Adani Family, the promoters of Ambuja Cements Limited, on Wednesday announced that it will infuse an additional Rs 8,339 crore into Ambuja Cements Limited, by fully subscribing to the warrants programme in the company. This will take the promoter’s total infusion of Adani Family to Rs 20,000 crore into Ambuja Cements, the cement … Read more

Adani Family: Adani group plans $1 billion investment in green energy arm

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[ Billionaire Gautam Adani and his family plan to inject $1 billion into the conglomerate’s renewable energy unit, people familiar with the matter said, as the group races to reach ambitious green goals while facing maturing bonds next year. Adani Green Energy Ltd is looking to issue preferential shares to the company’s founders for meeting … Read more