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Tag: Adani Enterprises

BT, Adani, Alibaba and Home Depot

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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 […]

According to sources, Adani Enterprises is returning to the stock market with a $1 billion share sale

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According to sources, Adani Enterprises is returning to the stock market with a billion share sale

By Bhakti Tambe, Jayshree P Upadhyay and Dhwani Pandya MUMBAI (Reuters) – Adani Enterprises Ltd. is expected to launch a $1 billion share sale by mid-September, three sources familiar with the matter told Reuters, the latest attempt by Indian billionaire Gautam Adani to restore the fortunes of his empire. The share sale will be the […]