FMCG major Adani Wilmar rolls out ‘Fortune Mart’ stores

FMCG major Adani Wilmar on Monday said it has opened 12 physical stores under the brand name “Fortune Mart” across six states and plans to start outlets across the country. “Adani Wilmar is opening physical stores under the name Fortune Mart which will exclusively sell Fortune and other Adani Wilmar brand products,” the company said … Read more

Adani group set for digital foray, to build a super app

Adani group is all set for a foray into the digital world as the chairman held its first internal meeting with employees of Adani Digital Labs, the youngest arm of the billionaire Gautam Adani-controlled conglomerate. “We must be the Ferrari of the digital world,” the chairman said addressing an audience of about 80 young employees. … Read more

Adani Enterprises incorporates new petrochemicals subsidiary

Adani Enterprises informed the regulators that it has incorporated Adani Petrochemicals Ltd (APL) as a wholly-owned subsidiary. This new unit will put marks the entry of Adani group into petrochemicals sector, which is a legacy business of Reliance Industries. “We would like to inform you that the Company has incorporated a wholly-owned subsidiary namely, ‘Adani … Read more

Adani has no guaranteed customer for $6 billion Indian solar project: Report

Adani Green Energy’s record $6 billion solar power project announced in June has no guaranteed customer, its deal with India’s main solar-adoption agency shows, and may expose the company to higher financial risk. Shares in the firm, controlled by billionaire Gautam Adani, have soared three-fold since the signing of the 8 gigawatt (GW) multi-plant deal, … Read more