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"adani-group"

  • Jaypee founder backs Adani in JAL acquisition battle

    National Company Law Tribunal’s Allahabad bench had approved Adani Enterprises' Rs 14,535 crore bid to acquire JAL assets, which was challenged by Vedanta with a Rs 17,926 crore offer
  • Adani meets Adityanath in Lucknow, backs UP’s US$ 1 trillion economy roadmap

    Industrialist Gautam Adani met Uttar Pradesh Chief Minister Yogi Adityanath, backing the state’s ambitious economic roadmap. Adani praised plans to make UP a USD 1 trillion economy by 2030, reaffirming investments, and later offered prayers at Ayodhya’s Ram Temple
  • Israeli defence firm supplies first batch of light machine guns to India

    Israel Weapons Industries, via joint venture PLR Systems, delivered 2,000 NEGEV 7.62x51 LMGs to India under the 'Make in India' initiative. Technology transfer supports domestic defence manufacturing and strengthens India-Israel defence cooperation
  • Adani confirms Haifa Port fully secure amid Iran-Israel conflict

    The Adani Group has confirmed that its Haifa port in Israel remains fully secure and operational despite ongoing military conflict between Israel and Iran. In a statement, Adani Ports & SEZ said all employees are safe and infrastructure remains intact.
  • Adani Group, Embraer plan regional jet assembly facility in India

    Adani Group signed an initial pact with Embraer to set up India’s first civilian aircraft final assembly line, aligning with Make in India and aiming to tap the country’s fast-growing aviation market
  • US tech majors commit USD 67.5 billion to India’s AI and data push

    A New York Times report highlights how American technology giants are investing heavily in India’s Artificial Intelligence and data centre infrastructure. Despite trade tensions between Washington and New Delhi, projects are advancing, with Hyderabad and coastal cities emerging as prime hubs.
  • Adani seals Rs 80,000 cr in deals since 2023 short-seller crisis

    Since January 2023, Adani Group completed 33 acquisitions worth Rs 80,000 crore across ports, cement, and power, signaling recovery after Hindenburg allegations. Strategic expansion, debt reduction, and steady execution have restored investor confidence and enabled further growth across sectors
  • Rahul Gandhi criticises Adani, but Telangana government continues to roll out red carpet

    Even as the Congress, especially MP Rahul Gandhi, targets the Adani Group at the national level, the party’s government in Telangana is actively welcoming its investments. At the Telangana Rising Global Summit, Karan Adani detailed nearly Rs 10,000 crore investments and fresh expansion plans across sectors
  • Adani wins lenders’ nod to take over debt-laden Jaiprakash Associate for Rs 14,535 crore

    Sources said lenders preferred Adani's plan primarily because it offered a higher upfront payment compared to competing proposals
  • SC defers Sahara plea on property sale to Adani by six weeks

    The Supreme Court has postponed for six weeks Sahara’s plea seeking approval to sell 88 properties to the Adani Group, asking the Centre to respond to objections raised by the amicus curiae and stating that disputes over sale documents require trial-level scrutin
  • Adani Enterprises Q2 net profit surges 84 per cent to Rs 3,199 crore

    Adani Enterprises Ltd reported an 84 per cent surge in Q2 net profit to Rs 3,199 crore, driven by strong performance across its infrastructure and energy businesses. The company also announced a Rs 25,000 crore rights issue to strengthen its balance sheet.
  • Adani Defence’s Kanpur complex wins SIDM Champion Award 2025 for design and innovation

    Adani Defence & Aerospace’s Kanpur Ammunition Complex has been awarded the SIDM Champion Award 2025 for excellence in design, manufacturing, and testing. Presented by Defence Minister Rajnath Singh, the award underscores the company’s role in advancing India’s self-reliant defence ecosystem
  • Vizag AI hub will democratize technology and power digital growth, says PM Modi

    Prime Minister Narendra Modi hailed Google’s plan to set up its first AI hub in Visakhapatnam, calling it a powerful force in democratizing technology. The USD 15-billion investment, in partnership with Adani Group, aims to strengthen India’s digital economy
  • Adani Group to focus on innovation, transparency after SEBI closure

    After SEBI dismissed Hindenburg’s allegations, Gautam Adani said the group will focus on innovation, transparency, and long-term growth. Operational resilience during scrutiny strengthened the company, which now aims to build a lasting legacy across energy, infrastructure, and logistics
  • SEBI gives Adani Group clean chit, trashes Hindenburg Research claims of wrongdoing

    SEBI has exonerated the Adani Group and its associated entities from all allegations raised in the Hindenburg Research report, stating that the claims were not substantiated. The regulator found no violations of related party transaction norms or LODR rules, and clarified that retrospective application of amended definitions was legally untenable. The proceedings were closed without penalty or directions.
  • Vedanta’s takeover of Jaiprakash Associates raises concerns over SLBC tunnel project

    Vedanta’s takeover of debt-ridden Jaiprakash Associates with a Rs 17,000 crore bid has raised doubts over the timely completion of the SLBC tunnel, the world’s longest irrigation tunnel, already delayed by a roof collapse and geological challenges.
  • Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates

    JAL — with interests in real estate, cement, power, hotels and roads — has been dragged into insolvency proceedings after defaulting on payment of loans
  • Adani Energy Solutions posts 71 per cent rise in Q1 PAT, EBITDA hits Rs 2,017 crore

    As EBITDA crossed Rs 2,000 crore. The growth was driven by strong transmission and smart metering performance, with capex rising 1.7 times YoY
  • Bangladesh clears pending dues of Adani Power

    Bangladesh makes single largest payment of USD 437 million in June, asks Adani Power to supply power from both units as per Bangladesh Power Development Board schedule
  • Adani group stocks rise after annual meet; Ambuja Cements jumps 4 per cent

    The stock of Adani Power rallied 1.63 per cent, Adani Enterprises (1.44 per cent), NDTV (1.42 per cent) and Adani Total Gas (0.53 per cent)
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