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"adani-group"

  • Adani and Jabil plan AI data centre manufacturing platform in India

    Adani Group and Jabil have announced plans to form a strategic alliance to build an AI and data centre infrastructure manufacturing platform in India. The collaboration aims to produce AI-ready hardware and support India's emergence as a global digital infrastructure hub
  • Gautam Adani is richest in Asia with net worth at $89.2 billion: Forbes

    Gautam Adani has become Asia’s richest person with a net worth of $89.2 billion, according to Forbes. The surge follows a rally in Adani Group stocks, placing him ahead of Mukesh Ambani and Masayoshi Son amid renewed investor confidence
  • Norway Chess champion Praggnanandhaa credits corporate backing from Adani Group for historic triumph

    Following his historic title win at the Norway Chess tournament, Grandmaster R. Praggnanandhaa expressed deep gratitude to the Adani Group, emphasizing that corporate backing and logistical support are vital for athletes to succeed at the highest global levels
  • Adani says US legal issues behind it, bets on AI-driven infrastructure boom

    Gautam Adani told shareholders the group has moved past US legal challenges, raising ₹1.5 lakh crore investments in energy, logistics, and digital infrastructure. Adani stressed AI-driven demand will require massive power and data capacity, highlighting expansion in renewables, ports, airports, and data centres
  • Adani resolves OFAC sanctions case with USD 275 million settlement

    **Excerpt:** Adani Enterprises has agreed to pay a $275 million civil penalty to the U.S. Treasury's OFAC to settle potential liabilities over the inadvertent import of Iranian LPG through a Dubai-based middleman.
  • Adani Group to invest in big infra, energy projects in Bihar: Gautam Adani

    Gautam Adani met Bihar Chief Minister Samrat Chaudhary to discuss investment plans and reaffirmed the Adani Group’s commitment to Bihar’s development through infrastructure, energy and social service initiatives. He also announced major eye care and healthcare training projects in the state
  • Gautam Adani says Group to add Rs 2 lakh crore assets this year

    Adani Group Chairman Gautam Adani said the conglomerate will add Rs 2 lakh crore in new assets this year amid rapid business growth. Addressing employees on Labour Day, he highlighted major infrastructure, airport, energy and redevelopment projects contributing to India’s development journey
  • Scindia announces Rs 2,500 crore defence plant of Adani in MP

    Union Minister Jyotiraditya Scindia announced a ₹2,500 crore defence manufacturing plant by Adani Group in Kolaras, Madhya Pradesh, expected to create 2,000 jobs and boost industrial growth while strengthening India’s defence production capabilities
  • 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
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