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"gautam-adani"

  • Rahul Gandhi calls BJP-RSS a ‘bunch of jokers’

    At the Rachnatmak Congress National Convention in New Delhi, Rahul Gandhi launched a sharp attack on the BJP-RSS, calling them a "bunch of jokers" with no understanding of India. He accused Prime Minister Narendra Modi of reducing foreign policy to hugging leaders and claimed the RSS has become an instrument of big capital, serving industrialists like Adani and Ambani.
  • Adani Group selects first Vande Bharatam innovator cohort

    The Adani Group has selected its first cohort of innovators under the Vande Bharatam entrepreneurship initiative after receiving more than 26,000 applications. The programme aims to support grassroots innovators through mentorship, industry expertise and networking opportunities
  • US court permanently dismisses criminal case against Adanis; truth has prevailed, says Gautam Adani

    A US federal judge permanently dismissed securities-fraud charges against Adani Group chairman Gautam Adani, his nephew Sagar Adani and former executive Vneet Jaain, ending the case before trial. The court cited legal grounds but stressed the dismissal was not a verdict on allegations
  • Adani Enterprises reports record quarterly EBITDA of Rs 5,642 crore in Q1 FY27

    Adani Enterprises reported its highest-ever quarterly EBITDA of Rs 5,642 crore in Q1 FY27, registering 49 per cent year-on-year growth. The company highlighted strong performance across airports, copper, solar modules and infrastructure platforms, along with new milestones in its expansion journey
  • Gautam Adani denies under oath any deal with US DoJ for dropping criminal charges

    Adani Group Chairman Gautam Adani has filed a sworn affidavit in a US court denying any secret deal or promise behind the Department of Justice's move to dismiss bribery and securities fraud charges against him
  • US federal judge seeks Department of Justice clarification in Adani case

    A US federal judge has asked prosecutors to provide a fuller explanation before dismissing criminal charges against Indian billionaire Gautam Adani. The Department of Justice is expected to file its detailed explanation by July 13, after which the case is likely to be dismissed.
  • 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
  • Rahul Gandhi slams Great Nicobar project, calls it ecological destruction

    Congress leader Rahul Gandhi alleged that the Great Nicobar Island Project is aimed at benefiting a businessman rather than defence, claiming massive ecological damage. He urged citizens to oppose deforestation and support protection of India’s natural heritage
  • Adani companies report all-time high EBITDA of Rs 94,834 crore

    Adani group companies reported record capital expenditure of Rs 1.53 lakh crore and all-time high EBITDA of Rs 94,834 crore in FY26. The group expanded investments across energy, utilities, transport and logistics while maintaining leverage below its stated target
  • 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
  • Adani Group’s new 3-layer model to cut decision time from days to hours: Gautam Adani

    Gautam Adani announced that the Adani Group will adopt a three-layer organisational model to accelerate decision-making and improve execution. The overhaul also includes a new partnership framework and plans for major asset expansion aligned with India’s 2047 development vision.
  • SEC, Adanis seek more time, propose new schedule in US case

    The SEC and Gautam Adani, along with Sagar Adani, have jointly sought more time from a US court to file submissions in a securities case, proposing a revised schedule while continuing to contest allegations and pursuing dismissal
  • Gautam Adani becomes Asia’s richest person, surpasses Mukesh Ambani

    Gautam Adani became Asia’s richest person, surpassing Mukesh Ambani in the Bloomberg Billionaires Index, as Adani Group stock gains boosted his net worth amid global market volatility in 2026
  • 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 moves US court to dismiss SEC fraud case, hearing approved

    A US court has granted Gautam Adani’s request for a hearing to dismiss an SEC fraud case. The Adani Group argues the case lacks jurisdiction, involves no investor losses, and represents an extraterritorial application of US securities laws
  • Adani wins US court hearing in push to throw out SEC fraud suit

    A US Securities and Exchange Commission case against Gautam Adani advanced as a New York court granted a hearing on his dismissal plea, citing lack of jurisdiction, no investor losses, and disputing alleged bribery and securities fraud claims
  • AGEL bond sale dispute: Adani Group seeks dismissal of SEC lawsuit in US court

    Gautam Adani and his nephew Sagar Adani have petitioned a US court to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC) over a 2021 bond sale by Adani Green Energy Ltd. The Adanis argue the case is outside US jurisdiction, as the securities were issued in India and sold through non-US underwriters.
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