The conglomerate helmed by Asia's richest person Gautam Adani bought 63.19% of Ambuja Cements Ltd and its subsidiary ACC in some fierce bidding with local companies

Adani last year took over the Mumbai and Navi Mumbai airport projects from the GVK Group

Stocks in several of the Indian conglomerate’s companies took a hit following the National Securities Depository’s announcement it had frozen the accounts of three of its stakeholders