Adani Group Latest News: US-based investment firm Bain Capital on Sunday said it has acquired 90% stake in Adani Group’s finance arm Adani Capital and Adani Housing. Under this deal, Bain Capital will buy 90% stake in billionaire Gautam Adani’s Non-Banking Finance Company (NBFC). The remaining 10% stake will be held by the Management, MD & CEO Gaurav Gupta. After acquiring the Bain Capital stake, Adani will invest an additional $120 million in the group company.

Explain that after the Hindenburg report many questions were raised on the Gautam Adani group. Investor confidence also weakened due to the report. However, the Adani group has also taken several necessary steps to win back the confidence of investors. In this episode, the group is planning to raise funds in different ways. Adani Group’s three listed companies – Adani Enterprises, Adani Green Energy and Adani Transmission – plan to raise Rs 33,000 crore by launching Qualified Institutional Placement (QIP) by the end of the calendar year.

– This company got a big order of ₹ 7000 crores from the Punjab government, has a share of ₹ 50

There was a plan to launch IPO
Let us tell you that in May this year there were reports that Adani Capital has planned to raise funds. Media reports said that there is a plan to raise Rs 1,500 crore from strategic and private equity investors. Earlier there were reports of the launch of Adani Capital’s IPO. Let us inform that Adani Capital started the business of loan distribution in April 2017 and currently it has more than 160 branches across the country.

This share can go to ₹ 220, the company got a contract of ₹ 800 crore from the defense, experts said – buy

The group is engaged in many projects
The Adani group is currently busy with the commissioning of the Navi Mumbai airport project and the Ganga Expressway projects. Last week, the Maharashtra government approved the handing over of the Dharavi redevelopment project to the Adani group. This would require an investment of Rs 20,000 crore.