Adani Group

Adani Energy Solutions on Friday said it has acquired IntelliSmart Infrastructure from National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL) for Rs 3,050 crore, a move that will boost the Adani Group entity's presence in the smart metering space. The Rs 3,050-crore transaction includes the acquisition of 100 per cent equity share capital of IntelliSmart and redemption of the optionally convertible debentures of IntelliSmart held by NIIF. IntelliSmart Infrastructure provides advanced metering infrastructure for electricity and deploys certain smart gas meters in the country. In an exchange filing, Adani Energy Solutions Ltd (AESL) said it has completed the acquisition of 100 per cent of the equity share capital of IntelliSmart from NIIF and EESL, and the optionally convertible debentures of IntelliSmart held by NIIF have been redeemed. On October 30, the fair trade regulator, the Competition Commission of India (CCI), approved Adani Energy

Adani Group will infuse equity up to the equivalent of $1.45 billion to fund the transaction

Adani would provide financing for the project, which could offer long-term supply for its smelting complex in Mundra, India, Codelco said ‌in a statement

Adani Enterprises Ltd plans to spend between Rs 35,000 crore and Rs 40,000 crore annually over the next couple of years, with airports, data centres and its proposed PVC complex emerging as the biggest investment drivers as the conglomerate steps up expansion across its infrastructure businesses. "We expect to do capex at a run rate of around Rs 40,000 crore. So, we may be somewhere in the range of Rs 35,000 crore to Rs 40,000 crore, which is the rate we expect to continue over the next couple of years," Manan Vakharia, head of finance at Adani Enterprises, said during the company's earnings call. The planned spending comes as the group seeks to scale up businesses built over recent years, including airports and data centres, while bringing its large manufacturing investments closer to commercial operation. "The heavy lifting will be done by airports, data centres and PVC," Vakharia said. Adani Enterprises, the flagship incubator of the Adani Group, reported its highest-ever half-y

Airlines have sought MoCA's clarification on MIAL's proposal to shift select international flights to Navi Mumbai, raising concerns over historical slots and capacity cuts.

The all-cash acquisition of Evos will give Adani Ports eight European terminals with 6.3 million cubic metres of storage capacity, expanding its liquid cargo portfolio.

The €2.56 billion all-cash acquisition will give Adani Ports a presence across eight liquid storage terminals in five European countries, expanding its global network to 28 ports and terminals.

The state-owned engineering company received orders from the billionaire Gautam Adani-controlled firm for four projects with two 800-megawatt units each

The properties will operate under the Taj, Vivanta, Gateway and Ginger brands across Mumbai, Ahmedabad, Lucknow and Guwahati, with most expected to open in three to four years

Adani group shares rallied up to 6% in Thursday's trade on the back of strong Q2 performance by Adani Enterprises and Adani Ports.

Capacity enhancements at key ports, ongoing infrastructure projects, and global port acquisitions provide visibility for sustainable growth in FY27 and beyond, analysts say.

Adani Ports reported an 18 per cent rise in Q2FY27 net profit to Rs 3,682 crore and 24 per cent revenue growth, prompting it to raise its FY27 revenue, Ebitda and capex guidance.

Adani Enterprises' Q2 net profit fell 55% to ₹1,492 crore due to a high year-ago base, while total income surged 74% to ₹38,023 crore and EBITDA rose 62% to ₹6,316 crore.

Adani Power on Friday posted about a 142 per cent jump in its net profit to Rs 7,019.32 crore in the September quarter of FY27, citing higher revenue and one-time income. Profit after tax stood at Rs 2,906.46 crore in Q2 FY26, the company said in a statement. Operating revenue increased by 29.8 per cent to Rs 17,014.06 crore during the quarter under review from Rs 13,106.34 crore in Q2 FY26, it said. The growth was driven by higher volumes on account of a significant increase in electricity demand and higher tariffs under the power purchase agreement (PPA) due to a sharp increase in imported coal prices and improved merchant realisation, Adani Power said. Also, there was one-time prior period revenue recognition of Rs 2,422.25 crore in Q2 FY27, primarily due to the revision in historic energy charges under certain PPAs, as compared to Rs 668.53 crore in Q2 FY26, it explained. Finance costs were lower by 9.7 per cent at Rs 760.23 crore in the latest September quarter, compared to R

Higher revenues from transmission and energy solutions drove Adani Energy Solutions' Q2 FY27 net profit to more than double year-on-year to ₹1,364 crore

Today is the fifth day of decline for Adani Green Energy shares, during which they have lost 8 per cent.

Adani Green Energy reported a 39% rise in total income to Rs 4,520 crore in Q2FY27, driven by capacity expansion and strong operational performance across its renewable energy sites

MIAL says airlines can decide whether to move flights to Navi Mumbai or explore alternatives as Mumbai airport prepares to cut capacity by 5 million passengers from summer 2027.

AdaniConneX's planned data centre campuses in Visakhapatnam, being developed in partnership with Google, will use air-cooled systems to eliminate the need for water-based evaporative cooling and keep freshwater consumption across three sites to less than the volume of an Olympic-sized swimming pool, according to the project details. The campuses at Mudasarlova and Tarluvada are part of a proposed data centre development with a capacity of about 1 gigawatt, as Visakhapatnam seeks to emerge as a major hub for artificial intelligence and digital infrastructure. Unlike conventional data centres that use evaporative cooling systems and cooling towers, the proposed facilities will rely on air-based cooling technology, avoiding the large volumes of water typically consumed by such systems, sources with knowledge of the matter said. Of the limited freshwater required across the three sites, around 80 per cent will be used for landscaping, kitchens and worker facilities, with water recycled

Adani Enterprises' stock price on Thursday quoted at its lowest level since May 14, 2026, having declined 13% in the last six trading sessions.