https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Tue, 09 Jan 2024 04:57:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2024/01/09/tn-attracts-rs-664180-crore-investments-to-create-26-90-lakh-jobs/ Tue, 09 Jan 2024 04:57:17 +0000 https://thenfapost.com/?p=333181 Chennai, NFAPost: The two-day Tamil Nadu Global Investors Meet (TN GIM 2024) has attracted Rs 6,64,180 crore worth of investments with a total of 26,90,657 jobs being expected to be generated from these investments. The second day of GIM saw big ticket investments from Tata Power Renewable Energy which has committed an investment of Rs […]]]> https://thenfapost.com/2023/09/22/frances-total-energies-to-invest-300-million-to-form-jv-with-adani-green/ Fri, 22 Sep 2023 00:58:59 +0000 https://thenfapost.com/?p=304168 First public deal between oil giant and Indian conglomerate since a short-seller leveled fraud allegations against the latter Mumbai, NFAPost: Adani Green Energy has announced a new joint venture with France’s Total Energies to house a 1,050 megawatt (MW) green portfolio. Total will invest $300 million in the deal, said Adani Green. It is the […]]]> https://thenfapost.com/2023/07/24/adanis-1-1-billion-copper-project-in-gujarat-to-start-operations-from-mar-2024/ Mon, 24 Jul 2023 01:10:02 +0000 https://thenfapost.com/?p=287169 Kutch Copper Ltd (KCL), a subsidiary of the group’s flagship Adani Enterprises Ltd (AEL), is setting up a greenfield copper refinery project for the production of refined copper New Delhi, NFAPost: Billionaire Gautam Adani-led group’s copper-producing factory at Mundra in Gujarat will start operations from March next year, helping cut India’s dependence on imports and […]]]> https://thenfapost.com/2023/07/19/hindenburg-report-deliberate-malicious-attempt-to-damage-reputation-adani/ Wed, 19 Jul 2023 00:46:33 +0000 https://thenfapost.com/?p=286048 Gautam Adani added that the Securities and Exchange Board of India is still to submit its report, but the group remains ‘confident of governance and disclosure standards’ New Delhi, NFAPost: The report released by US-based short seller Hindenburg in January was a “combination of targeted misinformation and discredited allegations” and a “deliberate and malicious attempt” […]]]> https://thenfapost.com/2023/07/10/adani-raises-1-4-billion-from-stake-sale-in-3-firms-9-billion-raised-in-4-years/ Mon, 10 Jul 2023 02:15:31 +0000 https://thenfapost.com/?p=283417 -US short-seller Hindenburg Research in January released a damning report alleging accounting fraud and stock price manipulation at Adani Group -Adani Enterprises Ltd and Adani Transmission had earlier announced they will raise funds worth Rs 21,000 crore New Delhi, NFAPost: Billionaire Gautam Adani has raised $1.38 billion (Rs 11,330 crore) through stake sale in three […]]]> https://thenfapost.com/2023/05/12/adani-hindenburg-may-grant-sebi-three-month-extension-for-probe-says-sc/ Fri, 12 May 2023 15:06:07 +0000 https://thenfapost.com/?p=265408 In April, Sebi moved the SC and sought a six-month extension to complete its probe New Delhi, NFAPost: The Supreme Court of India (SC) said that it may grant a three-month extension to probe into the allegations of stock price manipulation by the Adani Group and lapses in regulations. The Securities and Exchange Board of […]]]> https://thenfapost.com/2023/05/12/adani-looks-to-raise-2-2-5-billion-in-first-share-sale-since-hindenburg/ Fri, 12 May 2023 04:40:26 +0000 https://thenfapost.com/?p=265161 Adani’s conglomerate to raise $ 2-2.5 bn through equity share sale in bold comeback strategy after ports-to-energy conglomerate was rocked by allegations of fraud levelled by US short seller New Delhi, NFAPost: Billionaire Gautam Adani’s conglomerate is looking to raise $2-2.5 billion through an equity share sale in the boldest comeback strategy after the ports-to-energy […]]]> https://thenfapost.com/2023/04/03/adani-group-relocating-key-roles-at-acc-ambuja-cements-to-ahmedabad-report/ Mon, 03 Apr 2023 02:19:20 +0000 https://thenfapost.com/?p=253773 People holding leadership roles are now based out of Ahmedabad but their teams are working from Mumbai and the teams have to spend a substantial time travelling back and forth between the cities New Delhi, NFAPost: The Adani Group is shifting the key roles in ACC and Ambuja Cements from Mumbai to Ahmedabad, a report […]]]> https://thenfapost.com/2023/03/09/adani-repays-500-million-bridge-loan-to-regain-investors-faith/ Thu, 09 Mar 2023 01:57:23 +0000 https://thenfapost.com/?p=246415 Global banks had lent Adani $4.5 billion to finance the purchase of Holcim Ltd. cement assets last year, and a portion of this was due March 9 Mumbai, NFAPost: The Adani Group has repaid a $500 million bridge loan due Thursday, according to people with knowledge of the matter, adding to a slew of other […]]]> https://thenfapost.com/2023/02/23/adani-ports-repays-rs-1500-crore-to-sbi-mutual-fund-aditya-birla-sun-life/ Thu, 23 Feb 2023 01:08:14 +0000 https://thenfapost.com/?p=242091 “This underscores the confidence which the market has placed on the prudent capital and liquidity management plan for the group,” a company spokesperson said New Delhi, NFAPost: Adani Ports and Special Economic Zone has repaid Rs 1,500 crore loan and will repay another Rs 1,000 crore in commercial papers due in March. The Adani Group […]]]>