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"adani-group"

  • 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)
  • Adani Group to invest up to USD 20 billion in five years across sectors

    Adani, Asia's second-richest person behind Reliance Industries' Mukesh Ambani, said the objective of his conglomerate is not to just build businesses but also to create new possibilities
  • Adani Group’s tax payments rise 29 per cent to Rs 75,000 crore in FY25

    The Rs 74,945 crore tax outgo in FY25 is roughly the cost of building the entire Mumbai Metro network - an infrastructure lifeline for millions of people. It's also nearly enough to host a modern-day Olympics.
  • Assam CM Himanta meets Jeet Adani, discusses implementation of Rs 50,000 crore investment proposals

    Adani Group Chairman Gautam Adani had announced that the conglomerate will invest Rs 50,000 crore across various sectors in the State, addressing the inaugural function of the Advantage Assam 2.0 business summit in February
  • US-based BlackRock emerges as largest investor in Adani’s $750 million bond issue

    The investment comes at a time when Adani Group officials are under scrutiny following a US Department of Justice indictment in a bribery case in November last year
  • Kapil Dev lauds Adani Group’s commitment to promoting golf in India

    Adani Group also announced its entry into Indian professional golf with the launch of the 'Adani Invitational Golf Championship 2025'
  • Adani Group keen to acquire bankrupt Jaiprakash Associates, say sources

    Jaypee Group’s flagship firm JAL, which is into cement, power, hotels, construction and real estate businesses, has been admitted into the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
  • Adani Group to strengthen foothold in realty space, in talks to buy Emaar’s India business

    Emaar Properties entered the Indian real estate market in 2005 in partnership with India’s MGF Development. It has a large portfolio of residential and commercial spaces across Delhi-NCR, Mumbai, Mohali, Lucknow, Indore and Jaipur
  • Adani Group enters Indian professional golf

    Adani Group to launch Adani Invitational Golf Championship 2025 in partnership with Kapil Dev-led Professional Golf Tour of India
  • After Dharavi project, Adani Group wins Rs 36,000 cr redevelopment of Motilal Nagar in Mumbai

    Motilal Nagar I, II & III is one of Mumbai’s biggest housing redevelopment projects, covering 143 acres in western suburb of Goregaon (W)
  • Gautam Adani hails nine inspiring women envoys’ visit

    ''Their praise and advice for the local women driving these projects were truly uplifting. On International Women's Day, here’s to breaking barriers and shaping a better future!'': Adani Group Chairperson
  • Sebi board members will have to reveal conflict of interest, says Chairman Tuhin Kanta Pandey

    US-based short seller Hindenberg had made allegations against Pandey’s predecessor Madhabi Puri Buch circling around potential conflicts of interest based on whistleblower documents
  • We stand by Adani report, says Hindenburg’s Nate Anderson

    Activist-seller Nathan Anderson, known for his high-profile campaigns against the likes of Adani Group, said he is closing his firm, Hindenburg Research, not because of any threat
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