The Gautam Adani-led Adani Ports and Special Economic Zone (APSEZ) has crossed Rs.1 trillion in market capitalisation for the first time, following news of Adani International Container Terminal having settled its first $300 mn public dollar bond issue on December 21, 2020.
Under the leadership of its Chairman Gautam Adani, the Adani Group received the rights to run Mangaluru airport. The Airports Authority of India (AAI) finally handed over the airport to the Adani group on lease for 50 years.
Led by its Chairman Gautam Adani, the Adani Group has been making headlines for becoming the second-biggest airport operator in the country. The group has set in motion the process to take control of the Mumbai International Airport (MIAL).
Adani Transmission (ATL), part of the Adani Group, has completed the acquisition of Reliance Infrastructure's (RInfra) integrated business of generation, transmission and retail electricity distribution in Mumbai.
It is a grand entry into the distribution sector for Gautam Adani, Chairman, Adani Group, as Reliance Infrastructure (RInfra) recently announced the signing of a Definitive Binding Agreement with Adani Transmission (ATL) for 100 per cent stake sale of its Mumbai power business.