close
close

According to sources, wealth funds from Abu Dhabi and Qatar are supporting the sale of Adani Energy shares worth up to $1 billion


According to sources, wealth funds from Abu Dhabi and Qatar are supporting the sale of Adani Energy shares worth up to  billion

By Dhwani Pandya and Jayshree P Upadhyay MUMBAI (Reuters) – The Abu Dhabi Investment Authority and Qatar Investment Authority have invested up to $1 billion in a share sale of India’s Adani Energy Solutions, two sources said, the first such deal since a damning report by short-seller Hindenburg Research last year. The deal is Adani […]

BT, Adani, Alibaba and Home Depot


BT, Adani, Alibaba and Home Depot

Bharti Enterprises, an India-based conglomerate led by billionaire Sunil Bharti Mittal, has agreed to buy a 24.5% stake in BT Group from Patrick Drahi’s Altice. BT’s share price rose as much as 6.4% in early trading. Bharti said the company had entered into a binding agreement with Altice to purchase 10 percent of BT shares […]