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Adani Group likely to buy Emaar India

March 21, 2025, 03:15 PM - 3 min read

Under its plan to expand its realty business, billionaire Gautam Adani’s group is likely to acquire real estate company Emaar India for an enterprise value of around USD 1.4-1.5 billion, sources privy to the deliberations said on Thursday.

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Adani Infra to take majority stake in PSP projects, seeks CCI nod

Adani Infra to take majority stake in PSP projects, seeks CCI nod

January 23, 2025, 05:11 PM - 3 min read

Adani Infra has applied to the Competition Commission of India (CCI) for permission to acquire a controlling share in PSP Projects, which owns industrial, institutional, residential, and luxury projects such as the Surat Diamond Bourse. It had an order book of Rs 6,546 crore as of September 2024. Following the stake sale, the present promoters and Adani Infra will each own a 30.07 percent ownership.

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