[ad_1] LIC (Life Insurance Corporation of India), a state-owned company and one of the largest investors in the Adani Group, has taken advantage of the recent rise in the conglomerate’s stock prices to book profits. According to the shareholding pattern for the December quarter, LIC has reduced its stakes in Adani Energy Solutions, Adani Enterprises,…
[ad_1] NEW DELHI: Adani Energy Solutions has formed a joint venture (49:51) with UAE-based Esyasoft Holdings for implementing smart metering projects in India and other countries.Adani Energy Solutions, a leading private transmission and distribution company, is a part of the globally diversified Adani portfolio.Through its wholly owned subsidiary, Adani Transmission Step-Four Limited, Adani Energy Solutions…
[ad_1] Investors in Adani stocks received a setback in 2023 as the conglomerate’s market capitalization fell by approximately Rs 6 lakh crore due to the Hindenburg controversy. The combined market value of all 10 listed Adani companies, which was Rs 19.6 lakh crore at the end of 2022, has now declined to Rs 13.6 lakh…