Adani Group

The Odisha government has approved 10 major industrial projects to the tune of Rs 44,200 crore, including Adani Group's pumped storage hydropower plant and a key semiconductor chip unit, officials said. The approvals were granted at a High-Level Clearance Authority (HLCA) meeting chaired by Chief Minister Mohan Charan Majhi on Saturday evening. These projects are expected to generate employment for 8,765 people across eight districts, including Khurda, Koraput, Kalahandi, Malkangiri, Dhenkanal, Puri, Nayagarh, and Deogarh, the officials said. The initiatives span critical sectors such as rare earth manufacturing, semiconductors, cement, automobile and auto-components, telecom infrastructure, and renewable energy, they said. Majhi emphasised his government's commitment to not just attracting investments, but ensuring their timely materialisation. "Approvals must translate into construction and production within predictable timelines. Through coordinated action, we are strengthening

Adani Ports and Special Economic Zone Limited (APSEZ), through its subsidiary Adani Gangavaram Port Ltd, has signed a strategic Memorandum of Understanding with NMDC Ltd and Vale SA to develop an integrated iron ore blending facility and dedicated Special Economic Zone (SEZ) at Gangavaram Port. The MoU was signed at the India-Brazil Business Forum Summit in New Delhi during the official visit of Brazilian President Luiz Inacio Lula da Silva, the company said in a statement. Under the agreement, the three parties will jointly develop, operationalise and manage an SEZ-based ecosystem for blending, value addition and commercialisation of iron ore. The initiative is aimed at strengthening the iron ore export value chain on India's East Coast by improving efficiency, scale and global competitiveness in mineral processing and trade. With the proposed development, the capacity of Gangavaram Port is expected to increase to 75 million tonnes, positioning it as a major export hub for iron ore

Adani Ports and Special Economic Zone Ltd (APSEZ) has signed a memorandum of understanding with France's Port of Marseille Fos to deepen cooperation on trade facilitation, port innovation and energy transition, strengthening connectivity along the IndiaMiddle EastEurope Economic Corridor (IMEC). The initial pact proposes the creation of an IMEC Ports Club to enhance coordination among key ports along the IMEC route and reinforce connectivity between India and the European Union. The development completes the IMEC pathway for India-EU trade, boosted by the Free Trade Agreement between India and the EU, termed "the mother of all deals" by Prime Minister Narendra Modi. The MoU was signed during the visit of French President Emmanuel Macron, aligning the expanding India-France strategic partnership with the broader IMEC and India-EU trade vision, APSEZ said in a statement. Launched at the 2023 G20 Summit in New Delhi, IMEC is a 6,000-km multimodal connectivity initiative linking India a

The Congress on Wednesday cited an Organised Crime and Corruption Reporting Project report to allege the use of benami funds to amass large stakes in the Adani Group by two of its close associates, and claimed that Prime Minister Narendra Modi has "stonewalled" the party's demand for a JPC to investigate all aspects of the "scam" involving the conglomerate. The Adani Group has repeatedly denied all allegations that have been made by the Congress in the past. While there was no immediate reaction from the Adani Group on the latest allegations by the OCCRP, reportedly funded by the likes of George Soros and Rockefeller Brothers Fund, it has previously rejected charges made in OCCRP reports. Congress general secretary in-charge communications Jairam Ramesh said there is a difference between genuine entrepreneurship which the Congress welcomes, supports and celebrates, and business expansion through cozy and mutually lucrative political relationships. "New revelations have just emerged

Likely to create $250 bn AI infra ecosystem over a decade

The planned data centres will include dedicated computing capacity for Indian large language models (LLMs) and other national data projects

Adani Enterprises said it received a Request for Information from the US Office of Foreign Assets on February 4, adding the communication does not cite any findings of irregularities or non-compliance

The financing highlights Japanese firms' bid to capture a slice of the world's fastest-growing economy, particularly in financial services, as they seek growth and yield beyond their home market

The approval comes after Ambuja Cements, in 2023, completed the acquisition of Sanghi Industries, at an enterprise value of ₹5,185 crore

The transmission project will carry renewable power from solar-rich Rajasthan to the national grid, ensuring electricity reaches high-demand regions across India

Adani Group's Mundra Port in Gujarat has recorded a sharp increase in automobile exports and liquid cargo volumes in January 2026, posting multiple operational records that highlighted the growing role of large, integrated ports in supporting India's trade and export flows. The port handled its highest-ever monthly automobile export volume, shipping 25,762 vehicles through its dedicated roll-on/roll-off (RoRo) terminal at Adani Mundra Container Terminal (CT2), officials said. The figure surpassed the previous monthly record set in May 2024, reflecting continued overseas demand for India-manufactured vehicles. Automakers, including Maruti Suzuki and Toyota, increasingly routed exports through Mundra during the month, with shipments destined for markets across Africa, Europe, East Asia, Australia, and the Middle East, according to port officials. Mundra also set a new single-vessel loading record in January, loading 5,701 vehicles onto a single ship, the highest number handled in one

The Gautam Adani-led Adani Group plans to invest ₹70,000 crore across energy, logistics and airport infrastructure in Vidarbha, reinforcing its long-term commitment to Maharashtra's industrial and eco

Adani Group and Italian major Leonardo on Tuesday announced a strategic partnership to establish an integrated helicopter manufacturing ecosystem in India. The move will be a significant boost for the 'Make In India' efforts and to make the country more self-reliant. The manufacturing ecosystem will look to address military demands and boost India's self-reliance in helicopter production. Adani Defence & Aerospace and Leonardo on Tuesday inked a Memorandum of Understanding for the partnership at an event in the national capital. The partnership will target the Indian Armed Forces' requirements, particularly for Leonardo's advanced AW169M and AW109 TrekkerM helicopters. "The collaboration will deliver phased indigenization, robust maintenance, repair, and overhaul (MRO) capabilities, and comprehensive pilot training," a release said. India has a low helicopter penetration density of less than 250 helicopters for the country's population, and the country will need around 100 ...

Adani Enterprises, the group's flagship, jumped as much as 12 per cent, marking its steepest intraday gain since November 2024

However, thus far in the calendar year 2026, the Adani Group stocks have underperformed the market by falling up to 19 per cent, as against 4.6 per cent decline in the BSE Sensex.

In a Friday filing in a Brooklyn federal court, the SEC and US lawyers for Gautam and Sagar Adani said they agreed to accept legal papers, removing the need for a judge's ruling on service

Ambuja Cements' reported Q3 profit plunged due to one-time income and tax credit in the year-ago quarter, even as normalised profit and volumes rose sharply

Bangladesh has appointed a British law firm to represent its state-run Power Development Board (BPDB) in mediation proceedings over its disputes with Adani Power Limited on the Indian conglomerate's coal pricing and power tariffs, officials said on Friday. The BPDB officials said they appointed London-based 3VP, a leading law firm that provides commercial and financial litigation, to represent Bangladesh in the Singapore International Arbitration Centre (SIAC), a court of international arbitration. The Bangladesh-based Business Standard (TBS) newspaper said the 3VP chambers, headed by King's Counsel Farhaz Khan, had beenadvising a national review committee on the Adani deal for several months. The development came in less than a week, within five days of the committee submitting its final report detailing power sector agreements signed during thedeposed prime minister Sheikh Hasina's toppled Awami League government. "Our move to appoint the British firm came as Adani Power initiate

A move last week by the US SEC to advance its stalled fraud case against Adani brought another reminder of the uncertainties burnishing the appeal of local funding

Adani Electricity Mumbai Ltd has received a AAA credit rating, becoming the first privately owned power distribution company in India to achieve a rating on par with the sovereign, according to India Ratings. "The rating upgrade reflects strong regulatory support, improving credit metrics and sustained deleveraging, supported by stable cash flows under a cost-plus regulatory framework," India Ratings said in a statement. Acquired in 2018 from Anil Dhirubhai Ambani Group, Mumbai utility has seen a sharp turnaround under the Adani Group. Since the acquisition, the company has more than doubled its asset base to over Rs 10,000 crore, through sustained capital expenditure to meet rising electricity demand in India's financial capital. India Ratings cited "timely and cost-reflective tariff orders issued by the Maharashtra Electricity Regulatory Commission," adding that these have enabled "full recovery of past regulatory assets, including carrying costs, restoring regulatory balances to