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"adani-power"

  • Adani power deal could be cancelled if corruption is proven, says Bangladesh

    Bangladesh’s interim government has said it will cancel its power contract with Adani Group if corruption is proven. The National Review Committee’s interim report alleged “massive corruption” in power deals under the Hasina regime, including the 2017 Adani Power agreement
  • Adani Power gets shareholders’ nod for 1:5 stock split

    Adani Power shareholders have approved a 1:5 stock split, sub-dividing each ₹10 share into five shares of ₹2 each. The move, aimed at boosting retail investor participation, raises total equity shares from 2,480 crore to 12,400 crore
  • Adani Group stocks extend rally for third straight day; Adani Green jumps 15%

    Shares of Ambuja Cements up by 2.90%, Sanghi Industries 2.44%, Adani Ports 2.25%, Adani Wilmar 2.24%
  • Shares of nine Adani Group firms trade higher; Adani Total soars 19%

    The stock of Adani Total Gas soared 18.58 per cent, Adani Power zoomed 11.44 per cent, Adani Energy Solutions jumped 9.99 per cent
  • Gujarat purchases power at higher price from Adani

    This was revealed by Gujarat Energy Minister Kanu Desai in the State Assembly in response to a query from Aam Aadmi Party MLA Hemant Ahir
  • SC dismisses custom’s plea claiming overvaluation in import of capital goods by Adani

    SC after hearing detailed arguments in the matter from both sides, dismissed the appeal filed by the customs department against Adani groups.
  • Adani’s ‘expensive’ power deal triggers controversy in Bangladesh

    A report in the Daily Star, which is now being shared widely with Adani’s business dealing coming under global scrutiny, says nothing explains the-then Bangladesh government's rationale for signing the power purchase agreement for the deal two years later

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