#AdaniGroup to get a new legal head as Devaiah PM moves on from #EverstoneGroup. Law firm NDA’s Delhi head Pratibha Jain to join Everstone.

Ashwin Mohan gets you more exclusive details of this key legal rejig.

https://www.moneycontrol.com/news/business/companies/everstone-groups-devaiah-pm-headed-to-adani-group-as-group-general-counsel-ndas-pratibha-jain-to-takeover-his-role-6728681.html?utm_source=telegram&utm_medium=social

#MCExclusive | It’s a mega consumer push by Gautam Adani’s port-to-power conglomerate with Adani Wilmar planning a 2021 IPO to raise nearly $1bn at a valuation of $ 8bn to $9bn reports Ashwin Mohan.

https://www.moneycontrol.com/news/business/ipo/in-big-consumer-push-adani-wilmar-targets-ipo-to-raise-nearly-1-billion-in-2021-7011021.html

#AdaniWilmar #IPO #AdaniGroup

#MCExclusive | Post the $3.5 bn Adani-SB Energy deal, Mytrah Energy’s portfolio sale is the next big clean energy deal in the works and Ashwin Mohan reports that Adani Group, ReNew Power, KKR, CPPIB & Ayana are early suitors

https://www.moneycontrol.com/news/business/race-for-mytrahs-renewable-energy-assets-adani-group-renew-power-kkr-cppib-ayana-among-early-suitors-7127391.html

#AdaniGroup #CleanEnergy

Indian Olympic Association ropes in #AdaniGroup as a sponsor for the Indian contingent at the ongoing Tokyo Games.
https://www.moneycontrol.com/news/trends/sports-trends/tokyo-olympics-ioa-ropes-in-adani-group-as-sponsor-7212171.html?utm_source=telegram&utm_medium=social

#MarketsWithMC: Adani Group stocks including Adani Enterprises, Adani Green Energy in focus today after NSDL rectified the status of #AdaniGroup linked #FPIs. Read 👇

https://www.moneycontrol.com/news/business/stocks/adani-group-stock-in-focus-nsdl-rectifies-status-of-adani-group-linked-fpis-7239001.html?utm_source=telegram&utm_medium=social

Govt has granted #AdaniGroup a three-month extension to take over #airports at Jaipur, Guwahati and Thiruvananthapuram.

Read more at: https://www.moneycontrol.com/news/business/govt-grants-90-day-extension-to-adani-group-to-take-over-jaipur-guwahati-and-thiruvananthapuram-airports-7283811.html?utm_source=telegram&utm_medium=social

DRI, acting on an intelligence input, has seized nearly 3,000 kg of heroin from #Afghanistan at the Mundra Port, in Gujarat. It told CNN News18 that 2 consignments worth 20,000 crores were seized on Sept 15.

Read more at
https://www.moneycontrol.com/news/india/dri-seizes-heroin-worth-rs-20000-crore-from-afghanistan-at-mundra-port-7490661.html

#AdaniGroup #Heroin #MundraPort

#ICYMI: The expansion by #GMRGroup, which has received investments from French operator Groupe ADP, is being driven by the Delhi and Hyderabad airports. This gives it a much-needed headstart against #AdaniGroup. 🛩️

Read at ⤵️
https://www.moneycontrol.com/news/business/battling-adani-gmr-aims-to-double-its-operational-capacity-7570201.html?utm_source=telegram&utm_medium=social

Billionaire Gautam Adani is mulling to raise around $1 billion via a bond sale in January next year to refinance the debt of Mumbai’s international airport.

Read at
https://www.moneycontrol.com/news/business/gautam-adani-seeks-to-raise-1-billion-via-bond-sale-to-refinance-mumbai-airport-debt-7856231.html

#AdaniAirportHoldings #AdaniGroup #MumbaiAirport

Gautam Adani-led #AdaniGroup has signed a pact with South Korean steel major #POSCO to explore business opportunities, which includes setting up an integrated steel miss in #Gujarat with an estimated investment of up to $5 billion.

Read at
https://www.moneycontrol.com/news/companies-2/adani-group-posco-in-pact-for-steel-unit-to-explore-esg-supporting-businesses-7931351.html

#GautamAdani

#AdaniWilmar which aims to be India’s largest food co by 2027 is likely to launch its #IPO on 27th January & set to be the 7th listed firm from the Gautam Adani led group’s stable, reports Ashwin Mohan.

Read at
https://www.moneycontrol.com/news/business/ipo/adani-wilmar-ipo-likely-to-launch-on-january-27-7963111.html

#AdaniGroup #GautumAdani

#RelianceIndustries chief #MukeshAmbani retained the top spot on Forbes' list of India's 10 richest billionaires. He was closely followed by #AdaniGroup head #GautamAdani,.

Read more at 👇
https://www.moneycontrol.com/news/business/mukesh-ambani-tops-forbes-2022-list-of-indias-10-richest-billionaires-8320021.html?utm_source=telegram&utm_medium=social

Coming Up On #MorningTrade 🔥

👉Abu Dhabi’s IHC to invest $400 mn in #AdaniEnterprisesFPO

👉LIC says the market value of equity under #AdaniGroup cos at Rs 56,142 cr vs purchase value of Rs 30,127 cr

👉How will street react to L&T, Tech Mahindra’s Q3 report card?

🔴 Live @ 8.30AM
https://www.youtube.com/watch?v=AXKeMDxZkUI

Bank of Baroda MD & CEO #SanjivChadha said that his bank will continue to lend to the #AdaniGroup if the group account meets the lender's underwriting criteria.

⚡️ Catch the CEO in an exclusive conversation with Moneycontrol

https://youtu.be/YGeJ3o_Zsyc

#ClosingBell 🔔 India markets continue to struggle in absence of any triggers

The ongoing uncertainty & spillover effects from the #AdaniGroup's market rout continued to create an overhang. Infoedge, Coforge & Delhivery are also on the radar.

🔴 Live @ 3.30 PM
https://www.youtube.com/watch?v=xrtPJLVqAjc

Global index provider MSCI announced results of quarterly review of its global standard indices.

Four of #AdaniGroup stocks survived expulsion from the indices amid a free float review.

How will MSCI rejig impact these stocks? Find out👇
https://youtube.com/watch?v=DQNofsXCxh0

On #MorningTrade 🔥

✴️ #Delhivery: Softbank likely to sell shares worth Rs 600 cr via block deals: Reports

✴️ #Vedanta confident of meeting all upcoming maturities in June quarter

✴️ #AdaniGroup likely to repay up to $790 mn share-backed loans by March: Report

✴️ Reliance sets up subsidiary to develop properties for commercial use

🔴 Live @ 8.30 AM
https://www.youtube.com/watch?v=cNtG37_SkU4

#AdaniGroup on March 12 stated that it has completed full prepayment of margin linked share backed financing aggregating to $2.15 billion, well before committed timeline of 31 March 2023.

Read Here 👇🏻
https://bit.ly/3LcofJE