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.
US invests $553 million in Adani port in Sri Lanka amid growing Chinese influence
Nov 09, 2023, at 06:36 am
Colombo: U.S. International Development Finance Corporation (DFC) has announced a funding of $553 million in Colombo West International Terminal Pvt. Ltd. (CWIT) – a consortium of India's largest port operator Adani Ports and SEZ Ltd., Sri Lanka's leading enterprise John Keells Holdings (JKH) and the Sri Lanka Ports Authority.
Adani Enterprises profit falls 51% YoY in Q2FY24 to Rs 228 cr
Nov 03, 2023, at 05:24 am
Mumbai: Gautam Adani-led Adani Group’s flagship company Adani Enterprises Ltd on Thursday reported a 50.57% year-on-year (YoY) decline in consolidated net profit at Rs 227.80 crore for the quarter ended September 2023.
Mukesh Ambani takes over Gautam Adani to be the richest Indian: Report
Oct 11, 2023, at 05:39 am
Mumbai: Reliance Industries chairman Mukesh Ambani has surpassed Gautam Adani of Adani Group to claim the top spot as the wealthiest Indian in the 360 ONE Wealth Hurun India Rich List 2023.
Abu Dhabi's International Holding Company increases stake in Adani Enterprises by 5%
Oct 04, 2023, at 03:16 am
Mumbai: After divesting its shares in two Adani Group firms, Abu Dhabi's International Holding Company (IHC) announced on Tuesday that it has increased its stake in the group's primary entity, Adani Enterprises Ltd, to over 5 percent, reported Moneycontrol.
Ambuja Cements incorporates three wholly-owned subsidiaries to bolster aircraft, cement business
Sep 23, 2023, at 05:35 am
Mumbai: Adani Group company Ambuja Cements Ltd informed the stock exchanges on Friday that it has acquired three wholly-owned subsidiary companies namely, Lotis IFSC Private Ltd, Ambuja Concrete North Private Ltd and Ambuja Concrete West Private Limited in order to carry business in aircraft and cement sectors, media reports said.
TotalEnergies to invest in Adani Green Energy's renewable energy projects
Sep 16, 2023, at 04:54 am
Mumbai: TotalEnergies SE is reportedly in discussions to invest in renewable energy ventures developed by Adani Green Energy Ltd, Bloomberg reported.
Sep 01, 2023, at 05:59 am
Mumbai: Gautam Adani-led Adani Group has strongly rejected the fresh allegations of stock manipulation by the Organised Crime and Corruption Reporting Project (OCCRP).