Adani Group

Adani Group has completed as many as 33 acquisitions worth about Rs 80,000 crore (USD 9.6 billion) across its businesses since January 2023, signalling sustained access to capital and steady execution following the short-seller allegations that jolted markets nearly three years ago. The buying spree has been concentrated in the conglomerate's core sectors, according to market data and company sources. Ports led with acquisitions of around Rs 28,145 crore, followed by cement at Rs 24,710 crore and power at Rs 12,251 crore. Newer, incubating businesses accounted for Rs 3,927 crore, while transmission and distribution added Rs 2,544 crore of deals, they said. The list does not include the Rs 13,500 crore planned acquisition of debt-laden Japyee Group in bankruptcy proceedings. That transaction is yet to conclude. A few transactions in works too are not in the list. The acquisitions come as Adani works to rebuild investor confidence after now shuttered US-based short seller Hindenburg

A large HVDC order win, rising transmission capex and renewable energy push strengthen GE Vernova T&D's earnings outlook, but high valuations already price in much of the upside

Ambuja Cements' board approved schemes to merge ACC and Orient Cement into Ambuja, setting share-swap ratios and targeting completion within 12 months to drive efficiencies and simplify structure

Navi Mumbai International Airport will begin commercial operations on December 25, with Adani Airports outlining traffic targets, capex plans and long-term expansion

Adani Airport Holdings currently operates seven airports, including those in Mumbai and Ahmedabad, and is now targeting 11 more airports slated for privatisation, Jeet Adani said

In FY25, Mumbai airport handled 8.9 lakh tonnes of cargo, accounting for nearly a quarter of India's total air cargo handled that year

The companies had approached the tribunal under Sections 230 to 232 of the Companies Act, seeking approval at the initial stage of the merger, with July 1, 2025 proposed as the appointed date

Adani Enterprises' rights issue drew bids for nearly 150 million shares, around 8 per cent above the 138.5 million on offer, with most additional demand coming from public shareholders

Ports-to-energy conglomerate Adani Group is all set to invest up to Rs 12 lakh crore in India in the next six years, chairman Gautam Adani said. The sizeable investments will be made in infrastructure, mining, renewable energy and ports, among others, he said. "There is huge investment potential. We will invest Rs 10 to 12 lakh crore in India in the next six years," Adani told PTI. The corporate India and industrialists are aligning with Prime Minister Narendra Modi's call for self-reliance, a mission described as "India's new Independence", the billionaire said. "Struggle for achieving self-reliance is on...the Prime Minister (Narendra Modi) has also given a call for this...That is a new Independence. That is what every industrialist and every group is working on," Adani told PTI. He was here to attend the centenary celebrations of IIT (ISM) Dhanbad. The proposed investment will include infrastructure, technology, energy transition, ports and other things, he said. "We have inv

Adani Group chairman Gautam Adani on Tuesday said the conglomerate will invest over USD 75 billion in the energy transition space over the next five years, asserting that the country must do what is best for itself, define its own development path and resist external pressures. Speaking at the 100th foundation day of the Indian Institute of Technology (Indian School of Mines), Dhanbad, Adani said the group is building the world's largest renewable energy park at Khavda in Gujarat, spread over 520 sq km. "At full capacity by 2030, this park will generate 30 gw of green energy. At average household consumption, this is equivalent to powering over 60 million homes a year," he said. "With the first 10 GW already commissioned, we are on track to deliver the world's lowest-cost green electron, setting a global benchmark in energy transition," he added. Adani said India is the world's third-largest electricity consumer, but its per capita consumption remains "less than 1,400 kWh a year, l

Adani Green Energy Ltd (AGEL) on Monday said it has integrated the guidance of the Taskforce on Nature-related Financial Disclosures (TNFD) into its core sustainability strategy, reinforcing its shift toward nature-positive renewable energy development. The TNFD framework is a global, science-led initiative founded by the United Nations Environment Programme Finance Initiative, the United Nations Development Programme, the World Wildlife Fund and Global Canopy. It provides a structured framework for organisations to identify, assess, manage and disclose nature-related risks and opportunities. By aligning with the TNFD framework, AGEL strengthens its leadership among global renewable companies integrating biodiversity considerations into strategic decision-making, supporting both global conservation priorities and India's climate leadership. This strengthens AGEL's ambition to transition from traditional Environmental, Social, and Governance (ESG) compliance to a more integrated, ..

India, the world's second-biggest importer of refined copper, may have to source 91 per cent-97 per cent of its copper concentrate requirements from overseas by 2047

The expansion ties in with a projected increase in India's air traffic, with passenger numbers expected to more than double to 300 million annually by 2030

Adani Enterprises Ltd, the flagship firm of business tycoon Gautam Adani's group, on Tuesday said it has completed a Rs 231.34 crore acquisition of Trade Castle Tech Park (TCTPPL), an infrastructure developer which owns sizeable land parcels. AdaniConneX (ACX), a joint venture of Adani Enterprises Ltd and data centre operator EdgeConneX, had executed a share purchase agreement on November 21, 2025 with TCTPPL and Shree Naman Developers and Jayesh Shah (existing shareholders of TCTPPL) to acquire 100 per cent stake in TCTPPL. The acquisition was to set up infrastructure facilities, it had said without elaborating. "AdaniConneX Pvt Ltd has completed the acquisition of 100 per cent stake of Trade Castle Tech Park Pvt Ltd and thereby TCTPPL has become a step-down joint venture of the company," AEL said in a stock exchange filing. The purchase consideration for the acquisition is Rs 231.34 crore, Adani Enterprises Ltd (AEL) had said on November 21. "TCTPPL is incorporated in India and

Finance Minister Nirmala Sitharaman on Monday said her ministry does not issue advisory or directions to Life Insurance Corporation of India (LIC) regarding its investment decisions, and emphasised that the investments that the state-owned insurer made in Adani Group were as per established SOPs. India's largest insurer has, over the years, made investment decisions across companies based on fundamentals and detailed due diligence. Following due diligence as per established standard operating procedures (SOPs), it has bought shares across half a dozen listed companies of Adani Group, whose book value stands at Rs 38,658.85 crore and invested another Rs 9,625.77 crore in debt instruments of the conglomerate. "The Ministry of Finance does not issue any advisory/direction to LIC in connection with matters related to investment of LIC fund," she said in a written reply to a question in Lok Sabha. The investment decisions of the state-owned insurer, she said, are taken by "LIC alone ...

The Supreme Court of Queensland has issued permanent orders preventing an anti-fossil-fuel activist from seeking or using confidential information belonging to Adani's Carmichael coal mines in Australia, concluding a multi-year legal dispute between the company and one of its most persistent opponents. Under the orders, Ben Pennings must cease all attempts to obtain confidential business information from Bravus employees, contractors or prospective contractors, and is barred from encouraging others to disclose such information, according to a statement issued by Bravus Mining and Resources. Bravus, part of the Adani Group, agreed not to pursue its legal costs. The firm operates the Carmichael coal mine in the Galilee Basin. It produces about 10 million tonnes of coal each year for the export market. The permanent orders prohibit Pennings from seeking or promoting the disclosure of confidential information, including through "direct action" campaigns aimed at eliciting insider leaks

Adani Group plans to raise ₹90,000 crore in FY27 to fund a ₹1.5-trillion annual capex push across power, logistics, airports, data centres and potential Sahara asset acquisitions

The details of the investment are still being finalized, Singh told reporters at an event in Mumbai. Adani Enterprises Ltd. last month announced a partnership with Alphabet Inc., via AdaniConneX Pvt

The Union Ministry of Environment, Forest and Climate Change cleared a Rs 136-crore luxury hotel proposal by Adani Airport Holdings Ltd within the Thiruvananthapuram International Airport premises. The approval followed a detailed review by the Expert Appraisal Committee (Infra-2) during its August meeting, sources said on Tuesday. The project, spread across a little over 8,000 sq m inside the airport area, includes a 240-room hotel with food-and-beverage facilities offering 660 seats. According to official documents, the site is currently used as an open parking area within the airport, operated by the Adani Group. The land was handed over to the Adani Group's airport arm under a long-term concession agreement signed with the Airports Authority of India in January 2021. The proposed five-storey structure will have a height of 23 metres, with two basement levels for parking, a ground floor and four upper floors. The total built-up area is estimated at nearly 34,000 sq m. Authorit

An Adani group joint venture company has acquired infrastructure developer Trade Castle Tech Park, which owns sizeable land parcels, for Rs 231.34 crore. AdaniConneX (ACX), a joint venture of Adani group flagship firm Adani Enterprises Ltd (AEL) and data centre operator EdgeConneX, has executed a share purchase agreement (SPA) on November 21, 2025, with Trade Castle Tech Park (TCTPPL) and Shree Naman Developers and Jayesh Shah (existing shareholders of TCTPPL) to acquire 100 per cent stake in TCTPPL, AEL said in a stock exchange filing. "The object of acquisition is to set up infrastructure facilities," it said without elaborating. "The acquisition is expected to be completed by the end of November 25, 2025." The purchase consideration for the acquisition is Rs 231.34 crore, AEL said. "TCTPPL is incorporated in India and registered with the Registrar of Companies, Maharashtra, Mumbai, on October 16, 2023, with an object for carrying out infrastructure development activities. While