Adani

Odisha okays projects worth ₹44,200 cr, including Adani's hydropower plant

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 Aerospace, Embraer eye final assembly line for E175 jets in India

Adani Defence & Aerospace and Brazilian major Embraer plan to set up a final assembly line in India for the E175 regional jets. In this regard, both companies' officials exchanged an enhanced Memorandum of Understanding (MoU) in the presence of Brazil's President Luiz Inacio Lula da Silva and Union Commerce & Industry Minister Piyush Goyal in the national capital on Saturday. The development follows the two companies announcing a strategic collaboration on January 27. The advancement from the initial MoU signed in January represents a significant step forward and forms part of a broader roadmap to develop an integrated RTA (Regional Transport Aircraft) ecosystem in India, a release said on Saturday. "The industrial partnership will aim to establish an ecosystem for the E175. "Both companies are already working together to progress all aspects of the MoU, including opportunities in aircraft manufacturing, supply chain, aftermarket services, and pilot training, and securing ...

Adani Group plans to invest $100 bn in AI-ready data centres by 2035

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

Journalist Ravi Nair sentenced to one year in jail in Adani defamation case

The magistrate court in Mansa, Gandhinagar, has convicted journalist Ravi Nair in a criminal defamation case and sentenced him to a year's imprisonment and imposed a fine. The case followed a complaint filed by Adani Enterprises Ltd (AEL), the Adani Group's flagship company, alleging that Ravi Nair published and disseminated a series of tweets containing false and defamatory statements intended to damage the reputation of AEL and the Adani Group. AEL argued that the impugned tweets did not amount to fair comment or legitimate criticism but were designed to undermine the credibility of the company in the eyes of the public and investors. After a full-fledged trial, the court held that AEL had successfully established its case and found Ravi Nair guilty of criminal defamation. The court convicted Ravi Nair and sentenced him to one year's imprisonment and imposed a fine. Nair could not be immediately reached for comments.

Japanese banks lead $750 million financing for Adani Energy amid India push

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

Adani Group plans ₹70,000 crore push to deepen footprint in Vidarbha

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

Consumption story of staples is making a comeback: AWL Agri executives

AWL Agri targets 7-8% edible oil volume growth, banks on capacity expansion and a demand recovery led by rural markets and staples consumption

Adani Defence, Italian firm to set up military chopper facility in India

Strategic partnership will help meet the Indian armed forces' requirements for advanced helicopters

Budget 2026: Seaplane manufacturing to get boost, aircraft parts duty cut

Centre announces incentives for indigenous seaplane manufacturing, VGF support for operations, and customs duty exemption on aircraft components

Adani pivots to local debt, aims to raise $10 billion over three years

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 hires prominent Wall Street lawyer as SEC case set to advance

The SEC's lawsuit alleges that Gautam and his nephew Sagar Adani violated US securities laws by making false and misleading representations about Adani Green Energy Ltd

Adani Electricity becomes 1st private distributor to get AAA credit rating

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

Adani-Embraer deal to see 'good growth' in 2 years: Aviation minister

Union Civil Aviation Minister K Ram Mohan Naidu on Wednesday said the collaboration between the Adani Group and Brazilian major Embraer is expected to see good growth in the next two years. Speaking to media persons after inaugurating the stand having a static display of aircraft at the four-day aviation summit Wings India 2026, he also said the India-EU trade deal is the most complicated FTA (free trade agreement) that India has cracked and the whole agreement revolves around the manufacturing ecosystem in India. "India and Brazil, carry strong relationships, both at the bilateral level and international level. Next month, the honourable president of Brazil is going to come and he's going to meet our honourable prime minister also. In their presence, they are going to decide on timelines for how and when it is going to unfold," the minister said. "But we are expecting that within two years, we should be able to see very good progress in that area," he further said. Adani and ...

Adani Group, Embraer partner to set up regional aircraft assembly in India

Adani Group and Brazilian major Embraer on Tuesday announced a strategic collaboration that aims to have a final assembly for regional transport aircraft in India. India is one of the world's fastest growing civil aviation markets and the partnership will look to help enhance air connectivity to Tier 2 and 3 cities. The partnership was announced at a function at the civil aviation ministry in the national capital on Tuesday. Civil Aviation Secretary Samir Kumar Sinha said the collaboration is not just about assembling a regional aircraft but also about progressive technology transfer, skilling, having robust supply chain as well as making India a trusted manufacturing hub for regional aircraft. Adani Defence & Aerospace Director Jeet Adani said with the Embraer collaboration, a regional aircraft manufacturing facility will be set up in India. Embraer makes commercial jets with up to 150 seats. With the partnership, Adani Group, which already has a good presence in the fast-growin

Adani kicks off next growth phase of Vizhinjam Port with ₹16,000-cr plans

The port has rapidly emerged as a critical transshipment gateway on India's southern coast, benefiting from its natural depth and proximity to major east-west shipping lanes

Adani Ports to invest ₹16,000 crore in Vizhinjam phase 2 development

The Adani Ports will be carrying out the second phase development of the Vizhinjam seaport at an estimated cost of around Rs 16,000 crore, and an announcement in this regard is expected during the inaugural ceremony on Saturday, sources said. The second phase of development will be inaugurated on Saturday evening by Chief Minister Pinarayi Vijayan. The Adani Ports and Special Economic Zone Ltd (APSEZ) expects the second phase of development to make Vizhinjam the largest transhipment hub in the Indian sub-continent, the sources said. It will add 4.1 million Twenty-foot Equivalent Units (TEUs) to the existing capacity of the port, they said. The sources further said that while Vizhinjam was currently the most advanced and fully automated transhipment hub in India, the phase 2 development will be undertaken with updated automation in technologies and equipment. The phase 2 equipment will include 21 automated ship-to-shore (STS) cranes, 45 automated Cantilever Rail-Mounted Gantry (CMR

Three years of Hindenburg report that shook Adani group firms' mcap

Three years after Hindenburg's report wiped out ₹16 trillion in value, Adani Group has seen a sharp recovery-and a fresh sell-off amid renewed global scrutiny

Adani group stocks lose $12.5 bn after US SEC move on email summons

Adani Group stocks slid sharply after a US SEC filing sought court approval to email summons to Gautam Adani, wiping out $12.5 billion in market value

Adani Group unveils $66 billion Maharashtra investment plan at WEF 2026

In Maharashtra, the proposed investments are anchored by large-scale urban transformation and next-generation infrastructure projects