Rajiv Jain’s GQG sees 150% growth in Adani investments, reaching $10 billion: Report
May 24, 2024, at 10:35 pm
Mumbai: Chairman and Chief Investment Officer of GQG Partners Rajiv Jain has witnessed a substantial 150 percent growth in his investments in the Adani Group over the past year, according to a Moneycontrol report.
May 23, 2024, at 05:36 pm
New Delhi/IBNS: The Adani Group CFO has taken a dig at an investigating report claiming the conglomerate was involved in the alleged coal scam.
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.
Adani family infuses Rs 8,339 cr in Ambuja Cements, raising stake to 70.3%
Apr 18, 2024, at 03:06 am
Ahmedabad: The Adani family, headed by billionaire Gautam Adani, announced on Wednesday that they have injected Rs 8,339 crore as the main shareholders into their cement subsidiary Ambuja Cements Ltd. by fully participating in the company's warrants program.
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.
Ambuja Cements to acquire 1.5 MTPA grinding unit at Tamil Nadu’s Tuticorin for Rs 413.75 cr
Apr 16, 2024, at 05:04 am
Ahmedabad: Adani Group-owned cement and building material company Ambuja Cements signed a definitive agreement to acquire My Home Group's 1.5 MTPA cement grinding unit in Tamil Nadu’s Tuticorin.
Adani Green Energy to raise $400 million via offshore loan: Report
Apr 10, 2024, at 04:56 am
Mumbai: Adani Green Energy Ltd. is currently involved in discussions to secure around $400 million via an overseas loan, as part of its efforts to finance an upcoming renewable project, media reports said
Adani family injects Rs 6,661 cr in Ambuja Cement
Mar 29, 2024, at 12:51 am
Mumbai: The Adani family has injected Rs 6,661 crore into Ambuja Cement, elevating its stake in the company to 66.7%.
Adani Green Energy rubbishes links with US probe involving 'third party'
Mar 20, 2024, at 05:21 am
Mumbai: Adani Green Energy on Tuesday said that it is aware of a US inquiry into potential breaches of anti-corruption statutes involving a separate entity but refuted any association with said entity, Reuters reported.
Adani Enterprises acquires France's Le Marche Duty Free SAS for 5,000 euros
Mar 07, 2024, at 04:41 am
Mumbai: Adani Enterprises on Wednesday said that its Dubai-based subsidiary, Ospree International FZCO, has purchased full ownership of France's Le Marche Duty Free SAS (LMDF) for 5,000 euros, media reported, citing a stock exchange filing.
Adani Power gets creditors' consent to acquire Lanco Amarkantak Power
Mar 06, 2024, at 05:34 am
Mumbai: Adani Power has obtained consent from creditors for its proposed acquisition of insolvent Lanco Amarkantak Power, the company said in a stock market filing.
Adani Defence & Aerospace to invest Rs 3000 cr in its Kanpur missile and ammunition complex
Feb 28, 2024, at 05:28 am
Kanpur (UP): Adani Defence & Aerospace has announced plans to invest over Rs 3,000 crore in its new ammunition and missile complexes in Kanpur by 2027, Chief Executive Officer Ashish Rajvanshi, media reported.
Ambuja Cements to invest Rs 1,000 cr in Jharkhand
Feb 22, 2024, at 04:31 am
New Delhi: Ambuja Cements, a part of the Adani Group, on Wednesday announced its intention to invest Rs 1,000 crore in setting up a cement grinding unit in the Godda district of Jharkhand.
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.
Adani Total Gas Q3FY24 Results: Net profit jumps 16% YoY to Rs 172 cr
Jan 31, 2024, at 07:17 pm
Ahmedabad: Adani Total Gas reported a Profit After Tax (PAT) of Rs 172 crores for Q3FY24, indicating a substantial 16% increase.
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.
Maharashtra: Adani Enterprises to invest Rs 50,000 cr in data centre infrastructure in next 10 yrs
Jan 18, 2024, at 04:35 am
Davos (Switzerland): Adani Group’s flagship company Adani Enterprises Limited on Wednesday signed a memorandum of understanding (MoU) with the Maharashtra government to set up 1 GW hyperscale data centre infrastructure in the state at an investment of Rs 50,000 crore in the course of the next decade, media reports said.
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.
Adani Ports to raise up to Rs 5,000 cr via non-convertible debentures
Jan 04, 2024, at 02:19 am
Mumbai: The board of directors of Adani Ports and Special Economic Zone Limited approved the raising of funds up to Rs 5,000 crores through public issuance of non-convertible debentures of the face value of Rs1,000 each amounting up to Rs 5,000 crore through one or more tranches, the company informed stock exchanges on Wednesday.
Adani Total Gas, Shigan sign MoU for collaboration in decarbonization
Jan 03, 2024, at 10:53 pm
Adani Total Gas Limited (ATGL) and Shigan Quantum Technologies Limited (Shigan), an alternative fuel system solutions provider for automotive, locomotive and stationary engine applications, on Wednesday, announced the signing of a Memorandum of Understanding (MoU) that aims at decarbonizing the supply chain by creating an ecosystem which will enable transitioning to cleaner fuels such as CNG and LNG.
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 hires urban planners and designers to redevelop Dharavi slum in Mumbai
Jan 02, 2024, at 05:14 pm
Mumbai/IBNS: Adani Group-led Dharavi Redevelopment Project Private Limited (DRPPL) has hired urban planners and designers to redevelop Mumbai's Dharavi locality, which is one of the world's largest slums, media reports said.
Adani Group takes over news agency IANS
Dec 17, 2023, at 03:18 am
New Delhi: Adani Group has acquired a majority 50.50% stake in New Delhi-based news agency IANS India Pvt Ltd (IANS), according to a regulatory filing by the business conglomerate.
Adani Group plans to invest Rs 8,700 cr in Bihar; will add 10,000 jobs
Dec 14, 2023, at 11:08 pm
Patna: The Adani Group plans to invest Rs 8,700 crore in Bihar across various sectors, generating employment opportunities for approximately 10,000 people, said Adani Enterprises Director Pranav Adani.