Gautam Adani

Adani stocks gain as US drops charges in New York case; Adani Green up 4%

Adani Green Energy shares climbed 3.5 per cent to ₹1,407, while Adani Total Gas advanced 2.65 per cent.

Updated On: 19 May 2026 | 10:06 AM IST

US ends civil, criminal cases against Adani after $10 bn investment promise

It is the latest example of Trump's Justice Department abandoning a high-profile case brought under his Democratic predecessor, Joe Biden

Updated On: 19 May 2026 | 9:04 AM IST

Adani settles alleged Iran sanctions violation case with US Treasury

Adani Group on Monday agreed to pay USD 275 million to settle allegations of violation of US sanctions on Iran, with the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) saying the Indian conglomerate extended "extensive cooperation" with the investigation and made "proactive" disclosures. Adani Enterprises, the group's flagship firm, had bought shipments of liquefied petroleum gas (LPG) from a Dubai-based trader purporting to supply Omani and Iraqi gas that had actually originated from Iran. The settlement does not constitute a finding of guilt or wrongdoing and resolves all related liabilities. "AEL agreed to settle its potential civil liability for 32 apparent violations of OFAC's Iran sanctions," OFAC said. From November 2023 to June 2025, AEL purchased shipments of LPG from a Dubai-based trader purporting to supply Omani and Iraqi gas. While the Dubai supplier represented itself as a reputable middleman supplying LPG primarily from Oman, as well as Iraq, in .

Updated On: 18 May 2026 | 11:59 PM IST

Adani Group revives plans to raise $1 billion via US-listed dollar bond

The fundraising may take place over the next three to four quarters, or by early next year, the people said. If carried out, it would mark the first US-listed debt issuance by an Adani Group firm

Updated On: 15 May 2026 | 8:05 PM IST

Compromised PM didn't sign deal but bargain for Adani's release: Rahul

Congress leader Rahul Gandhi on Friday accused Prime Minister Narendra Modi of signing a trade deal with the US only to secure the "release" of billionaire businessman Gautam Adani. "Compromised PM did not strike a trade deal, but a bargain for Adani's release," Gandhi said in a post in Hindi on X, after reports that the US has agreed to settle the lawsuit that accused Adani of hiding alleged bribery. The US government has agreed to settle the lawsuit filed against Adani, who is accused of duping investors by concealing that his company's huge solar energy project in India was being facilitated by an alleged bribery scheme, according to court filings published Thursday. Reacting to the reports, Congress general secretary in-charge communications Jairam Ramesh said it was now clear why the PM agreed to the "hopelessly one-sided Indo-US trade deal that was really a steal by the US". "And it is also clear why he abruptly halted Operation Sindoor on May 10, 2025, acting on President ..

Updated On: 15 May 2026 | 10:53 AM IST

Adani Group stocks: Enterprises, Ports, Green hit 52-week highs; here's why

Adani Green Energy in an exchange filing said the US SEC, Gautam Adani and Sagar Adani filed their request for entry of final judgment, on consent, before the US Eastern District NY Court on May 15.

Updated On: 15 May 2026 | 10:06 AM IST

Gautam Adani, nephew near end of US legal battle with $18 mn SEC settlement

Adani and his nephew Sagar agreed to pay a total of $18 million to settle Securities and Exchange Commission allegations that they made false and misleading representations about Adani Green Energy

Updated On: 15 May 2026 | 9:31 AM IST

Gautam Adani may get relief as US weighs dropping fraud charges

Ending the cases would be a significant boon to the Adani Group, one of India's most powerful companies, whose interests range from coal mining to renewable energy and airports

Updated On: 14 May 2026 | 9:59 PM IST

West Asia conflict: India must not rent its intelligence future, says Adani

Adani stated that true independence in the 21st century will mean owning energy and intelligence

Updated On: 11 May 2026 | 10:58 PM IST

Adani calls for India to build, power, and own AI infra on home soil

Billionaire Gautam Adani said on Monday that energy security and digital infrastructure would define geopolitical power in the coming decades, as he called on India to build sovereign capabilities across the artificial intelligence value chain. Addressing the Confederation of Indian Industry's (CII) Annual Business Summit 2026, the chairman of the Adani Group said the assumptions underpinning decades of globalisation were being dismantled amid rising geopolitical fragmentation. "The world that is emerging is not flat. It is fractured and contested," Adani said. "Semiconductors have become instruments of statecraft. Data is being treated as a national resource. Clouds are being weaponised. And Artificial Intelligence is being built behind the protective walls of data centres." Referring to recent geopolitical conflicts and attacks on infrastructure, Adani said "energy security and digital security are now the twin pillars of national power." "The country that controls its energy wil

Updated On: 11 May 2026 | 1:01 PM IST

Adani Group unveils restructuring to speed up decisions, drive growth

The Adani Group will introduce a three-layer organizational structure with fewer decision-makers, and have greater focus on liquidity and access to capital

Updated On: 01 May 2026 | 11:27 PM IST

Adani's giant copper plant hit by technical setbacks in first year

Adani Enterprise Ltd.'s Kutch plant has yet to produce meaningful volumes of copper as a result of the engineering trouble, and closed for repair work in late March

Updated On: 29 Apr 2026 | 2:56 PM IST

SEC, Adanis seek extension, propose new briefing schedule in US case

The US Securities and Exchange Commission and Indian businessmen Gautam Adani and Sagar Adani have jointly requested a US court for more time to file key submissions in a civil securities case, proposing a revised schedule for motions and responses. In a filing before the US District Court for the Eastern District of New York, the parties said they had conferred in line with the court's April 7 directive and agreed on a new timeline, which has been submitted for approval to Judge Nicholas G Garaufis. The SEC had sued Adani Group founder Gautam Adani and his nephew, Sagar, in November 2024, alleging they had misled investors by failing to disclose an alleged bribery scheme tied to Indian state officials, framing the case under US securities laws. Denying all allegations, the two, through their lawyers, on April 7, filed a pre-motion letter ahead of a planned April 30 motion, seeking dismissal of a fraud lawsuit, arguing the case represents an impermissible extraterritorial applicatio

Updated On: 18 Apr 2026 | 1:17 PM IST

Adani overtakes Ambani to become Asia's richest with $92.6 bn net worth

Tycoon Gautam Adani has overtaken fellow Gujarat business czar Mukesh Ambani to become Asia's richest person, as a sustained rally in shares of his ports-to-energy conglomerate lifted his net worth. With a net worth of USD 92.6 billion, Adani surpassed Ambani, whose fortune stands at USD 90.8 billion, to become the richest person in India and Asia, according to the latest billionaire rankings. Adani, founder of his eponymous group, oversees India's largest private seaport network, is the country's biggest renewable energy producer and private airport operator, and ranks among the world's largest coal traders. He is currently ranked No. 19 on the Bloomberg Billionaires Index, which tracks the world's 500 richest individuals and is updated daily. Adani's wealth is largely derived from his shareholdings across the group's 10 listed companies. A recent surge in Adani Group stocks has added billions of dollars in market value, underscoring strong investor appetite for assets linked to .

Updated On: 17 Apr 2026 | 10:57 PM IST

Adani Group stocks jump up to 10% as US court accepts plea to drop SEC case

In its petition, the Adani Group had sought the dismissal of the SEC lawsuit, claiming a lack of US jurisdiction and an impermissible extraterritorial application of US law.

Updated On: 08 Apr 2026 | 11:26 AM IST

Industrialist Gautam Adani to seek dismissal of SEC fraud case in US court

Adani's lawyers said the SEC's claims were "impermissibly extraterritorial," and no ​statements challenged by the regulator were ‌actionable

Updated On: 07 Apr 2026 | 11:16 PM IST

Moving to three-layer structure to flatten hierarchy, says Gautam Adani

Gautam Adani says group is redesigning structure to boost agility and decision-making, while APSEZ targets 1 billion tonnes cargo handling by 2030

Updated On: 03 Apr 2026 | 10:54 PM IST

Adani meets CM Yogi in Lucknow, backs UP's $1 trillion economy roadmap

Industrialist Gautam Adani met Uttar Pradesh Chief Minister Yogi Adityanath in Lucknow and expressed support for the state's ambitious economic growth targets, officials said on Friday. Following the meeting on Thursday, Adani shared a post on X, praising the chief minister's vision for transforming Uttar Pradesh into a major economic powerhouse. The Adani Group chairman highlighted the roadmap presented by Adityanath, which aims to make Uttar Pradesh a USD 1 trillion economy by 2030 and expand it further to USD 6 trillion by 2047. "Some visions reshape nations. Hearing Chief Minister Yogi Adityanath lay out the roadmap for Viksit Uttar Pradesh was an unforgettable moment. A USD 1 trillion economy by 2030. USD 6 trillion by 2047. This is a declaration of what UP is capable of becoming," Adani posted on X early Friday. "The Adani Group is proud to contribute to UP's transformation through investments in key sectors such as power, defence, airports, logistics, industrial parks and da

Updated On: 03 Apr 2026 | 11:02 AM IST

Adani in talks with Meta, Google for partnerships in data centre business

Walmart Inc.'s Flipkart is also engaged in talks with the tycoon and the Adani Group is exploring sites across Indian states for the centres

Updated On: 26 Mar 2026 | 7:31 AM IST

Women shaped my journey, says Gautam Adani on International Women's Day

Marking International Women's Day, Adani Group chairman Gautam Adani on Sunday paid tribute to the women who shaped his life and journey, saying the foundations of his success were built on the strength, values and support he drew from family. Writing on LinkedIn, he reflected on the influence of his mother Shantaben Adani, recalling how stories from Indian epics such as the Ramayana during his childhood instilled values of courage, sacrifice and duty. He said he later understood the depth of those lessons when, at the age of 16, he left home for Mumbai to build his own career, recalling the strength it must have taken for his mother to allow him to step into an uncertain future. Adani also acknowledged the role of his wife Priti Adani, who left a career in dentistry to lead the Adani Foundation, which he said now works across 22 states in India in areas including education, healthcare and livelihoods and has touched more than 10 million lives. He praised daughters-in-law Paridhi .

Updated On: 08 Mar 2026 | 6:27 PM IST