Cement shares up 20% in 2 days on reports of Adani Group in talks to buy stake | News Bharat

Shares of Orient Cement rose more than 20% in the last two trading sessions on reports of conglomerate Adani Group in talks to buy a promoter stake in the company. The company on Wednesday issued a clarification on the same, saying it was not aware of such discussions. “…regarding the recent news that has surfaced… … Read more

Adani Group plans to launch 5G services, consumer applications this year | News Bharat

Adani Group Chairman Gautam Adani plans enterprise 5G services and consumer application deployment plan in 2023, it said Times of India. The group’s strategy to develop B2C (business-to-consumer) consumer applications comes as a surprise as Adani said during the 2022 5G auctions that the company has no plans to … Read more

Adani has to pay an additional amount for NDTV shares to match the payment to the founders | News Bharat

Delhi: Asia’s richest man Gautam Adani’s group on Tuesday said it will pay an additional ₹48.65 per share to NDTV shareholders who tendered their shares in the open offer to match the amount it paid to buy out a stake from the founders of the news operator. Adani Enterprises in a stock filing said it … Read more

Orient Cement surged 21% in two days amid buzz of Adani Group eyeing a stake | News Bharat

Shares of Orient Cement rose 12 percent to 148.70 rupees on the BSE in intraday trade on Wednesday amid heavy volumes in an otherwise weak market. Over the past two days, shares of cement and cement products company CK Birla Group have surged 21 percent on a report Adani Group … Read more

Adani to pay additional amount for NDTV shares offered in open offer to match payment made to founders: Best Media Info | News Bharat

The Gautam Adani Group said it will pay an additional Rs 48.65 per share to NDTV shareholders who tendered their shares in the open offer to match the amount it paid to buy out a stake from the news broadcaster’s founders. Adani Enterprises in an exchange filing said it will pay an additional Rs 48.65 … Read more

Load row at Adani cement plant: Solan truck drivers up : The Tribune India | News Bharat

Tribune news service Solan, January 3 Truckers are getting restless because of the 20-day impasse between Adani management and transporters stemming from the closure of two cement plants that cannot be resolved. No solution in sight The 20-day stalemate is likely to continue for a few more days as no … Read more