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"gautam-adani"

  • 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.
  • 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
  • Adani warns of ‘narrative colonisation’, stresses resource and energy sovereignty

    Gautam Adani cautioned against “narrative colonisation” by historically high emitters seeking to influence India’s development path. Calling resource and energy sovereignty the pillars of modern independence, he said India must resist external pressures while balancing coal needs with one of the world’s fastest clean-energy transitions.
  • Naidu reviews infra projects, new investments with Adani Group

    AP Chief Minister N Chandrababu Naidu met Gautam and Karan Adani to review ongoing infrastructure projects and discuss new investment opportunities, particularly in Amaravati. IT Minister Nara Lokesh said the meeting covered both project progress and future expansion plans.
  • 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.
  • Gautam Adani urges young entrepreneurs to lead India’s ‘second freedom struggle

    Gautam Adani, at the fourth Adani Green Talks, called on young entrepreneurs to lead India’s “second freedom struggle,” focusing on social innovation, equality, and sustainable growth. He emphasized building a collaborative ecosystem for startups to transform society and inspire change
  • 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.
  • Ambani, Adani join hands again, this time to challenge state-run fuel retailers

    IOC, BPCL, and HPCL currently control over 90 per cent of India’s 97,366 petrol pumps and lead the city gas market as well
  • Our drones led frontline attack in Operation Sindoor says Gautam Adani

    Gautam Adani revealed that drones and anti-drone systems from Adani Defence played a frontline role in Operation Sindoor, India's precision strike against terror. At the AGM, he praised soldiers, outlined global headwinds, and reaffirmed record-breaking growth and investment goals
  • 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
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