'Something big soon India': Hindenburg Research hints at new Indian target after Adani Group
Aug 10, 2024, at 08:46 pm
New York/IBNS: American investment research firm Hindenburg Research suggested another major revelation involving an Indian company may be imminent.
Adani Enterprises claims Gautam Adani was misquoted in media reports on succession plan
Aug 07, 2024, at 08:09 pm
Ahmedabad/IBNS: Adani Enterprises Ltd, the flagship entity of Adani Group, on Wednesday (Aug 6) issued a statement, addressing recent media reports concerning the Indian multinational conglomerate's Chairman Gautam Adani's succession plans.
Aug 05, 2024, at 07:18 pm
Ahmedabad/IBNS: Gautam Adani, the chairman of Indian multinational conglomerate Adani Group, said he is planning to step down as the group's chairman at the age of 70.
We stood firm in face of adversity, Gautam Adani at AGM on Hindenburg storm of past year
Jun 24, 2024, at 10:12 pm
New Delhi/IBNS: Reacting to the attack by foreign shot-seller Hindenburg, Adani Enterprises Chairman Gautam Adani on Monday said the company fought to defend its integrity and reputation and came out stronger.
Adani Enterprises promoters raise stake to 73.95% in the company
Jun 15, 2024, at 02:34 am
Mumbai: Gautam Adani and the promoter group of Adani Enterprises have acquired over two percent of the company's stake from the open market between September 2023 and June 2024, as reported in a stock exchange filing on June 14.
Gautam Adani replaces Mukesh Ambani as Asia's richest man on Bloomberg Billionaires Index
Jun 02, 2024, at 08:42 pm
Mumbai: Billionaire Gautam Adani has reclaimed the title of Asia’s richest person from Reliance Industries Chairman Mukesh Ambani, according to the Bloomberg Billionaires Index.
Paytm, Adani Group quash report claiming Gautam Adani stake talks with Vijay Shekhar Sharma
May 29, 2024, at 06:04 pm
New Delhi/IBNS: Both Adani Group and Paytm on Wednesday dismissed recent media reports claiming Gautam Adani was likely in talks with Vijay Shekhar Sharma, the founder chairman and managing director of Paytm's parent company One97 Communications, to acquire stake in the Indian fintech major.
Adani Enterprises to raise Rs 16,600 cr via QIP route
May 28, 2024, at 10:58 pm
Mumbai: The board of Adani Enterprises has approved a plan to raise Rs 16,600 crore through the Qualified Institutional Placement (QIP) route, as announced in an exchange filing on Tuesday.
6 Adani Group companies get show-cause notices from SEBI
May 04, 2024, at 06:26 am
Mumbai: Six Adani Group companies have informed the stock exchanges about receiving show-cause notices from the Securities and Exchange Board of India (SEBI) for alleged violations related to party transactions, listing rules non-compliance, and auditor certificate validity in previous instances, media reports said.
Adani Green Energy secures USD 400 million from international banks for 750 MW power projects
May 03, 2024, at 03:18 am
Ahmedabad: Adani Group company Adani Green Energy Ltd (AGEL) on Thursday announced USD 400 million financing for its under-construction 750 MW solar projects in Rajasthan and Gujarat by a consortium of five leading international banks.
Mahindra Group enters hybrid renewable energy sector with Rs 1,200 cr investment
Apr 17, 2024, at 03:25 am
Mumbai: The Mahindra Group announced its entry into the hybrid renewable energy sector with a Rs 1,200 investment in a solar and wind project, a stock exchange filing said on Monday.
Apr 04, 2024, at 06:27 am
Mumbai: Indian billionaires increased their presence in the 2024 Forbes list of the World’s Billionaires to 200 from 169 last year. Leading the list is Mukesh Ambani, whose net worth surged to $116 billion from $83 billion, establishing him as the first Asian to enter the $100 billion club. Ambani maintained his status as the ninth wealthiest individual globally and continues to hold the title of India’s and Asia’s richest person.
Ambani, Adani collaborate as Reliance buys 26% stake in Adani Power project
Mar 29, 2024, at 02:58 am
Mumbai: In a first-ever collaboration between competing billionaires, Reliance Industries, led by Mukesh Ambani, has acquired a 26 percent stake in a Madhya Pradesh power project belonging to Gautam Adani.
Adani Group to invest $1.22 billion to build largest copper manufacturing plant in Gujarat's Mundra
Feb 04, 2024, at 11:34 pm
Vadodara: Billionaire Gautam Adani-led ports-to-power conglomerate Adani Group is constructing the world's largest copper manufacturing plant in Mundra, Gujarat at an investment of $1.2 billion, media reports said.
Adani Enterprises Q3FY24 net profit more than doubles to Rs 1888 cr
Feb 02, 2024, at 01:06 am
Mumbai: Adani Enterprises Ltd. reported a massive surge in net profit in the quarter ended December 2023 profit, more than doubling 2.3 times to Rs 1888.4 crore, driven by the success of its newer business ventures.
Jan 26, 2024, at 01:05 am
Adani Group chairman Gautam Adani has said that his conglomerate has "emerged stronger" as he reflected on the Hindenburg episode.
Davos: Adani Group to invest Rs 12,400 cr in Telangana; MoUs signed at World Economic Forum 2024
Jan 18, 2024, at 05:05 am
Davos (Switzerland): The Adani Group and the Telangana government today signed four memorandums of understanding (MoU) for investment of over Rs 12,400 crore, at the World Economic Forum 2024.
Mukesh Ambani, Gautam Adani and Tatas line up fresh investments in Gujarat
Jan 10, 2024, at 07:01 pm
Ahmedabad/UNI: Remaining highly bullish on India's growth story, top business leaders Mukesh Ambani, Gautam Adani and N Chandrasekaran committed more investments in Gujarat on Wednesday to further grow their presence in the coastal state.
Gautam Adani beats Mukesh Ambani as the richest Indian within a year of Hindenburg allegations
Jan 06, 2024, at 04:42 am
Mumbai: Adani Group Chairman Gautam Adani is back at the top of the list of richest Indians, surpassing Reliance Industries Chairman Mukesh Ambani, media reports said.
Jan 04, 2024, at 07:50 am
Mumbai: Adani Ports and SEZ, the port and logistics division of the Adani Group, on Wednesday announced a restructuring in its leadership.
Truth has prevailed: Gautam Adani on SC's Adani-Hindenburg verdict
Jan 03, 2024, at 07:49 pm
New Delhi/IBNS: "Truth has prevailed," said Indian billionaire industrialist Gautam Adani in his first reaction to the Supreme Court order, which denied transfer of probe into the allegations of fraud against the Adani Group of Companies from the Securities and Exchange Board of India (SEBI) to an alternate agency.
Jan 03, 2024, at 06:37 pm
In a big boost to the Adani group, the Supreme Court on Wednesday refused to interfere with the Indian securities market regulatory body Securities and Exchange Board of India (SEBI) after a clutch of petitions were filed seeking probe by alternative agency into allegations of fraud against Adani Group of companies in the Hindenburg Research report.
Adani-Hindenburg issue: Supreme Court to deliver verdict on petitions on Jan 3
Jan 03, 2024, at 04:19 am
New Delhi: The Supreme Court is set to deliver its verdict on a string of petitions seeking a court-monitored investigation into allegations related to the Adani-Hindenburg issue on January 3, media reported.
Adani Group contractor probed earlier by Indian govt emerges as a new company: Report
Dec 13, 2023, at 03:44 am
New Delhi: The Adani Group has been maintaining its relationship with a contentious contracting firm controlled by a Taiwanese family, Bloomberg reported.
Adani Green Energy ranks as 2nd largest global solar PV developer in Mercom Capital's report
Dec 07, 2023, at 03:27 am
Renewable energy solutions company Adani Green Energy Limited (AGEL) has become the second-largest global solar PV developer, according to Mercom Capital Group's latest Annual Global Report.
Adani Group to invest USD 75 billion towards energy transition by 2030
Dec 07, 2023, at 03:10 am
Mumbai: Adani Group Chairman Gautam Adani on Wednesday announced plans to invest USD 75 billion towards energy transition projects by 2030.
Adani Group completes stake purchase in Sanghi Industries Ltd
Dec 06, 2023, at 05:19 am
Mumbai: Adani Group-owned Ambuja Cements completed the acquisition of Sanghi Industries Ltd (SIL) at a revised offer price of Rs 121.90 per share, ET reported.
Adani Group plans to invest Rs 7 trillion in infra projects over next 10 yrs: Report
Dec 02, 2023, at 05:49 am
Mumbai: Billionaire Gautam Adani-led ports-to-green energy conglomerate Adani Group is looking to invest Rs 7 trillion ($84.00 billion) in infrastructure projects over the next ten years, reported Reuters Chief Financial Officer Jugeshinder Singh on Friday.
Adani Group-backed NDTV board approves commencement of activities of NDTV Profit
Nov 29, 2023, at 02:49 am
Mumbai: The board of Adani Group-backed New Delhi Television Tuesday announced the approval to resume the activities for the NDTV Profit channel from December 8, 2023, the company disclosed in a stock exchange filing.
Adani Energy Solutions plans to raise $360 million through bonds
Nov 15, 2023, at 03:47 am
Mumbai: Adani Energy Solutions (AESL), formerly known as Adani Transmission, is planning to raise $360 million through bond issuance on a private placement basis, a report in the media said.