The 36-month project will add 562 circuit km of transmission lines and 9,000 MVA of transformation capacity while supporting pumped-storage projects in Maharashtra
The project will transmit up to 4,500 MW of renewable and storage power, and be delivered within 36 months
Some of the funds were unwilling to provide information the regulator considered necessary to settle the case, while others resisted demands to disgorge money sought by Sebi
HAL on Friday said it has entered into partnerships with the Indian industry-Adani Defence Systems and Technologies Ltd and BEML-for manufacturing fuselage structures for the 'Prachand' Light Combat Helicopter (LCH), further expanding India's indigenous helicopter production ecosystem. Under the agreements, Bharat Earth Movers Limited (BEML) and Adani Defence will manufacture 48 and 42 fuselage structures, respectively. Tushar Ranjan Behera, General Manager, Helicopter Division, signed the agreement with Cmde (Retd.) R. G. K. Rao, ED, Aerospace & Maritime for BEML and Prasanna Karthik, Vice President, ADSTL, for Adani Defence in the presence of the senior leadership of HAL, BEML and ADSTL, the company said in a release. "This partnership marks a significant step in strengthening India's aerospace ecosystem. For the first time, the private industry is being integrated into the production of helicopter fuselage structures. This partnership will expand capacity, strengthen the ...
The MSCI India Domestic Small Cap Index will see a broader reshuffle, with 12 stocks added and 19 removed.
Siemens, Zydus Lifesciences, Bata India, Caliber Mining And Logistics, Delta Corp are among companies reporting earnings today.
A promoter group entity of Adani Power on Tuesday sold 12.48 crore shares of the company Adani Infra (India) Ltd for Rs 2,627 crore through open market transactions. According to the block deal data on the National Stock Exchange (NSE), Ardour Investment Holding Ltd, a promoter entity, offloaded 12,48,00,000 shares, representing a 0.65 per cent stake in Adani Power Ltd. The shares were disposed of at an average price of Rs 210.50 apiece, taking the deal size to Rs 2,627.04 crore. Following the latest transaction, Ardour Investment Holding Ltd's stakeholding in Adani Power has declined to 3.03 per cent from 3.68 per cent. Meanwhile, Adani Infra (India) Ltd purchased an equal number of shares at the same price. Shares of Adani Power fell nearly 2 per cent to close at Rs 209.95 on the NSE. On Monday, Adani Infra (India) Ltd, a promoter group entity of Adani Green Energy Ltd, bought a 1.03 per cent stake from another promoter arm, Ardour Investment Holding Ltd, for Rs 2,380 crore. P
Adani Infra (India) Ltd, a promoter group entity of Adani Green Energy Ltd, has bought 1.03 per cent stake in the company for Rs 2,380 crore, according to block deal data on the NSE. Adani Infra (India) Ltd purchased 1.7 crore shares, representing a 1.03 per cent stake in Adani Green Energy Ltd (AGEL). The transactions were executed on Monday at an average price of Rs 1,400 apiece, taking the aggregate deal size to Rs 2,380 crore. The seller was Ardour Investment Holding Ltd, a promoter entity of AGEL, which offloaded an equal number of shares at the same price, as per the data. Following the deal, Adani Infra's stake in the renewable energy company increased to 2.34 per cent from 1.31 per cent, while Ardour Investment Holding's stake declined to 4.01 per cent from 5.04 per cent. After the transaction, shares of Adani Green Energy Ltd (AGEL) rose 1.48 per cent to trade at Rs 1,415.60 apiece on the National Stock Exchange (NSE). Market participants said the transaction did not res
The group has proposed two nuclear power plants, a thermal power station and pumped storage projects, with the plan to undergo detailed scrutiny before any approval
Adani Energy Solutions has shareholder approval to raise up to ₹10,000 crore through shares in one or more tranches
India's AI data centre boom is driving investments in clean energy, real estate, manufacturing and jobs as global tech giants and conglomerates expand infrastructure
The inter-state transmission project in Andhra Pradesh will supply power to proposed green hydrogen and green ammonia projects in Vizag and be completed in 30 months
The Adani Group is considering starting an airline, a move that could intensify competition in India's aviation market dominated by IndiGo and Air India
Adani Power on Wednesday reported a 47.24 per cent rise in its net profit to Rs 4,866.60 crore in the June quarter, mainly on the back of higher revenues and strong power demand. In a statement, the company said its profit before tax jumped nearly 50 per cent to Rs 6,300.49 crore in Q1 FY27 from Rs 4,204.31 crore in Q1 FY26 on account of improved continuing profitability, further supported by higher one-time prior income recognition during the quarter. During the quarter, Adani Power Ltd (APL) recognised Rs 117.69 crore as share of profit from an associate, following the acquisition of stake in Jaiprakash Power Ventures Ltd. Consequently, it stated that profit after tax for Q1 FY27 rose 47.24 per cent to Rs 4,866.60 crore from Rs 3,305.13 crore in Q1 FY26. It also stated that there was a one-time net recognition of revenues pertaining to prior periods of Rs 1,386.34 crore in Q1 FY27, primarily due to revision in historic energy charges under certain PPAs compared to Rs 406.21 Crore
Adani Energy Solutions on Tuesday posted a more than twofold rise in consolidated net profit to Rs 1,236.56 crore in the April-June quarter compared to the year-ago period on higher revenues. The consolidated net profit stood at Rs 538.94 crore in the quarter ended on June 30, 2025, an exchange filing showed. Total income rose to Rs 9,852.20 crore in the quarter from Rs 7,025.49 crore in the same period a year ago. Revenue from the transmission business rose to Rs 3,335.26 crore from Rs 2,188.19 crore a year ago. The revenue from the distribution business increased to Rs 3,520.43 crore from Rs 3,359.84 crore a year ago. The Energy Solutions Platform segment grew to Rs 1,906.83 crore in the quarter from Rs 209.71 crore a year ago. Smart meter business also expanded to Rs 346.99 crore in the quarter from Rs 112 crore a year ago. "AESL has delivered a robust start to FY27, driven by strong financial performance and continued operational excellence across our core businesses. During
Revenue rose 27.3 per cent to ₹1,906.79 crore, but natural-gas and traded-item costs increased 40.3 per cent to ₹1,302.51 crore, weighing on net profit
Adani Energy Solutions on Tuesday posted a more than twofold rise in consolidated net profit to Rs 1,236.56 crore in the April-June quarter compared to the year-ago period on higher revenues. The consolidated net profit stood at Rs 538.94 crore in the quarter ended on June 30, 2025, an exchange filing showed. Total income rose to Rs 9,852.20 crore in the quarter from Rs 7,025.49 crore in the same period a year ago. Revenue from the transmission business rose to Rs 3,335.26 crore from Rs 2,188.19 crore a year ago. The revenue from the distribution business increased to Rs 3,520.43 crore from Rs 3,359.84 crore a year ago. The Energy Solutions Platform segment grew to Rs 1,906.83 crore in the quarter from Rs 209.71 crore a year ago. Smart meter business also expanded to Rs 346.99 crore in the quarter from Rs 112 crore a year ago.
Net regulatory deferral shifted to income of ₹28.55 crore from an expense of ₹503.89 crore a year earlier; EPS before this movement rose 37.2 per cent
A 10-week defence campaign involving about 600 pages of legal submissions, presentations and expert testimony helped persuade the US Justice Department to drop bribery and securities fraud charges against billionaire Gautam Adani, according to newly unsealed court filings that detail how one of the year's highest-profile corporate prosecutions was abandoned. Robert J. Giuffra Jr, Adani's lead lawyer and co-chair of Sullivan & Cromwell, in a July 14 filing said the effort, which ran from February 3 to April 17, included a 118-page submission to prosecutors, a 12-page supplemental filing and two slide presentations totalling 130 pages. A separate 151-page presentation was also submitted to the US Securities and Exchange Commission in March. The filing provides the clearest public account yet of how federal prosecutors reversed course in one of the year's most closely watched corporate prosecutions. The case began on November 20, 2024, when US prosecutors unsealed an indictment ...
Customs has told Bombay HC that duty-free shops enjoy tax benefits but remain subject to domestic regulations, backing health ministry's challenge to nicotine pouch sales at Adani-operated airport