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CCI approves DB Power acquisition by Adani Power

The Competition Commission of India (CCI) on Thursday said it has approved the acquisition of 100 per cent share capital of Diligent Power Private Limited and DB Power Limited by Adani Power Limited.

Tesla appoints Airbnb co-founder Joe Gebbia to board

Elon Musk-run Tesla has appointed billionaire and Airbnb Co-founder Joe Gebbia to its board of directors. According to a filing with the US Securities and Exchange Commission (SEC), Gebbia has replaced Oracle Chairman and CTO Larry Ellison who left the board earlier this year.

Adani Enterprises achieves financial closure for India’s largest greenfield expressway project

Budaun Hardoi Road Private Ltd (BHRPL), Hardoi Unnao Road Private Ltd (HURPL) and Unnao Prayagraj Road Private Ltd (UPRPL) -- wholly owned subsidiaries of Adani Enterprises Ltd (AEL) -- have achieved Financial Closure for the access-controlled six lane (expandable to eight lane) greenfield Ganga Expressway Project (Group-II, III & IV) in Uttar Pradesh (UP) respectively on DBFOT (Toll) basis under PPP mode.