by Team Small News | Mar 2, 2025 | Uncategorized
Indian billionaire Naveen Jindal’s company, Jindal Power, is set to acquire Gujarat-based thermal power generation company, Bhadreshwar Vidyut Pvt Ltd, for approximately ₹500 crore through the corporate insolvency process. This acquisition will provide Jindal... by Team Small News | Mar 1, 2025 | Uncategorized
The Adani Group, a multinational conglomerate based in India, has entered the airport retail market with plans to expand its presence globally. The company’s aviation business, Adani Airports, has announced its plans to aggressively pursue airport retail... by Team Small News | Feb 28, 2025 | Uncategorized
Aditya Birla Group, a prominent Indian conglomerate, is set to invest ₹1800 crore to revamp its cable and wire business, UltraTech. This massive investment aims to transform the company’s cable and wire division, similar to how it revolutionized the paint... by Team Small News | Feb 23, 2025 | Uncategorized
The Adani Group, a conglomerate led by billionaire Gautam Adani, has reportedly paid a massive tax of Rs 58,104 crore in the fiscal year 2023-24, a significant jump from the Rs 46,610 crore it paid in the previous year. This development is seen as a step towards... by Team Small News | Feb 20, 2025 | Uncategorized
The Adani Group has announced that it has sufficient cash reserves to meet its debt obligations and achieved a record pre-tax profit in the 12 months ending December 2024. According to the company’s report, the group has cash balances exceeding long-term debt... by Team Small News | Feb 19, 2025 | Uncategorized
Morgan Stanley has made changes to its ratings on several cement companies in India, with varying degrees of positivity and negativity. Firstly, the investment bank has maintained its “overweight” rating on UltraTech and Ambuja Cement, indicating a strong...