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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.
Read moreJanuary 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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