"gautam-adani"

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

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.

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

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.

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 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, 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

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 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.

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

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, 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

Gautam Adani praised Indian Armed Forces for Operation Sindoor against terror sites, highlighting Adani Defence’s role with drones. He honoured their sacrifices and mourned the Air India crash victims. He emphasised that peace is earned through bravery and vigilance

RIL chairman and managing director said his group will invest in setting up a 150-bed cancer hospital in Manipur. Adani committed to investing an additional Rs 50,000 cr over next 10 years in green energy, road construction and creating digital infrastructure in North Eastern states

Netanyahu took this step because the controversy broke just days before Adani Ports signed a $1.2 billion deal to buy a major stake in Israel's Haifa Port, according to a media report, as he was concerned the report could harm not only the businessman's reputation but also a key economic partnership between India and Israel.

In January 2023, Hindenburg published a scathing report describing the Adani Group as “the largest con in corporate history”. The fallout was swift: stock prices plummeted, wiping out over $150 billion in market value, and the group’s biggest public offering was abruptly scrapped

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

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

Gautam Adani’s total wealth rose 13 per cent. Mukesh Ambani remains Asia’s richest person while HCL’s Roshni Nadar breaks into global top 10 rich women list, according to Hurun Global Rich List 2025

The Serious Fraud Investigation Office (SFIO) in 2012 initiated the case against the Adani Enterprises Limited (AEL) and its promoters Gautam Adani and Rajesh Adani, and filed a chargesheet, accusing them of criminal conspiracy and cheating