The transfer of control from one generation to the other in the country’s big business groups has always been a controversial issue. From Reliance to Godrej and KK Modi Group, there have been many cases in which disputes related to the division of business empires have reached the court and have been in the headlines. Gautam Adani, the country’s second richest person, seems to be preparing a plan to avoid such a situation of dispute in his family. Gautam Adani will retire in 8 years A Bloomberg report quoted Adani…
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LIC Says Purchased 30127 Crore Rupees In Equity Of Adani Group Company Which Value Stands At 56142 Crore Rupees
LIC Investment in Adani Stocks: Public sector insurance company LIC (Life Insurance Corporation) has given clarification regarding investment in companies of Adani Group. LIC has said that in the last several years it has bought shares worth Rs 30,129 crore in Adani Group’s company. For the last three trading sessions, huge fluctuations are being seen in the shares of Adani group companies, after which LIC has to give this clarification. LIC bought shares worth Rs 30,127 crore LIC has given this clarification by issuing a press release on January 30,…
Read MoreAdani Entrprises To Launch Largest Ever FPO After Board Approval, Know Details Here
Adani Enterprises Share Price: The follow-on public offer (FPO) of Adani Enterprises, the flagship multibagger company of Adani Group chairman Gautam Adani, may come. The company is preparing to raise around Rs 20,000 crore from the market through its FPO. The company has called a board meeting in Ahmedabad on Friday, November 25, 2022, to raise funds, in which it has been said to raise funds through public offering, preferential allotment or both. The FPO of Adani Enterprises will be the largest FPO to be launched by a company in…
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