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Tag Archives: Adani Group

Adani group to buy Ambuja Cements, ACC for $10.5 bn from Holcim

TBB BUREAU BHUBANESWAR, MAY 15, 2022 Gautam Adani-led Adani group on Sunday announced that it would acquire Swiss cement major Holcim’s stake in Ambuja Cements and its subsidiary ACC for $10.5 billion which is considered as the largest ever acquisition in India. The Adani family, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for ...

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Adani Group joins efforts to secure medical oxygen

TBB BUREAU AHMEDABAD, APRIL 26, 2021 Diversified business conglomerate Adani Group has joined India Inc’s efforts to secure and augment medical oxygen supplies amid a growing shortage of the life-saving gas in the wake of spiralling Covid cases in the country. The Gautam Adani-led group has arranged four ISO cryogenic tanks with 80 tonnes of liquid oxygen from Saudi Arabia; ...

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Flipkart ties up with Adani Group for logistics, data centre services

TBB BUREAU BENGALURU/AHMEDABAD, APRIL 12, 2021 India’s leading homegrown e-commerce marketplace Flipkart on Monday announced a strategic and commercial partnership with the country’s largest multinational infrastructure company, the Adani Group. In this two-pronged partnership, Flipkart will work with Adani Logistics Limited, a wholly owned subsidiary of Adani Ports & Special Economic Zone Limited, to strengthen Flipkart’s supply chain infrastructure and ...

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