Adani Enterprises has appointed Samir Prakash as its Chief Human Resources Officer, according to ETHRWorld report. “I’m happy to share that I’m starting a new position as Chief Human Resources Officer at Adani Enterprises Limited!” wrote Prakash in a LinkedIn post on Friday. Prakash comes with over 33 years of diverse experience in different sectors,…
Tag: Adani Enterprises
AMG Media Networks Ltd announces acquisition of VCPL
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•AMG Media Networks Limited, a wholly owned subsidiary of Adani Enterprises Limited, announced the acquisition of 100 per cent equity stake in Vishvapradhan Commercial Private Limited (VCPL). According to the company’s exchange filing, “We hereby inform you that AMNL, a wholly owned subsidiary of the Company, has acquired 100% equity stake in VCPL, in accordance…
Adani Group to acquire Macquarie Asia Infrastructure Fund’s India toll roads in AP and Gujarat for Rs 3,110 cr
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•Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises Ltd (AEL), engaged in development, construction, operations and management of roads and highway projects in India, has entered into a definitive agreement to acquire Gujarat Road and Infrastructure Company Ltd (GRICL) (owned 56.8% by Macquarie Asia Infrastructure Fund) and Swarna Tollway Private Ltd…
Adani Enterprises & Israel Innovation Authority sign MoU to develop cutting-edge tech solutions
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•Adani Enterprises Ltd (AEL), the business incubation arm of the Adani Group, has signed an MoU with the Israel Innovation Authority (IIA), the premier public-funded agency overseeing Israel’s innovation policy, for cooperation in technological innovation between Israeli entities and the Adani Group. This cooperation will deepen the existing partnerships that Adani has already established over…
International Holding Company to invest $2 bn in Adani Group’s green portfolio
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•International Holding Company PJSC (IHC), the Abu Dhabi based conglomerate, announced it will invest USD 2 billion as primary capital in three Adani portfolio companies – Adani Green Energy Ltd (AGEL), Adani Transmission Ltd (ATL) and Adani Enterprises Ltd (AEL). Earlier today, the boards of AGEL, ATL and AEL met and approved the transaction. The…
Adani Enterprises acquires minority stake in Israel-based Forsight
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•Adani Enterprises Limited announced the acquisition of minority stake in Forsight Robotics Limited. Incorporated in 2020, Forsight Robotics develops a surgical robotic platform to deliver high precision and cost-effective vision-saving surgery. According to the company’s exchange filing, “we would like to inform you that Adani Global Limited., Mauritius a Wholly Owned Subsidiary of the Company,…
Adani Group to acquire MBCPNL portfolio from Sadbhav Infrastructure at an Enterprise Value of Rs 1,680cr
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•Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises Ltd (AEL), has entered into a definitive agreement to acquire Maharashtra Border Check Post Network Ltd (MBCPNL), a subsidiary of Sadbhav Infrastructure Project Limited (SIPL). ARTL, which develops, constructs, operates and manages roads and highway projects in India, will acquire a 49% stake…