Adani Archives - Gamooze

On Thursday, Adani Enterprises reported a 73 percent increase in its consolidated net profit, which came in at Rs 469 crore for the June 2022 quarter. This figure compares to Rs 271 crore for the same period in the previous year. Its consolidated revenue from operations from April 2022 to June 2022 increased by 224.72 percent to 40,844.25 crores, compared to 12,578.77 crores during the same period in the previous year. "While our varied growth is evident throughout our range of businesses, Adani Enterprises continues to prove itself as one of the world's most successful multi-industry incubators," said Gautam Adani, Chairman of the Adani Group. There is nothing comparable to the incubation method that AEL employs, and we aim to make even more use of this one-of-a-kind business model as ...

The business of Indian billionaire Gautam Adani is acquiring the Indian division of Swiss building materials manufacturer Holcim Group in a $10.5 billion transaction. Adani Group will purchase a 63.11 percent investment in Holcim's Indian subsidiary Ambuja Cement, which owns a 50.05 percent interest and 4.48 percent direct holding in Holcim's ACC Limited. Ambuja cement and ACC are both Indian cement manufacturers with headquarters in Mumbai. Subject to permission by local authorities, the transaction is likely to completion in the second half of 2022, making Adani India's second-largest cement maker. According to a joint statement, the combined footprint of Ambuja cement and ACC encompasses 31 cement manufacturing sites and 78 ready-mix concrete plants with 10,...

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Adani Group To Acquire Holcim’s India Business In $10.5 Billion Deal