Cement, power, and green energy expected to contribute 86% to growth
The moves aim to bring transparency in how the wealth of Asia's second-richest person, valued at $105.4 billion
AEL will be using the funds for its new projects as it plans to invest up to Rs 1.3 trillion in FY25 to expand its capacity across its portfolio companies
Analysts believe that these statements are mere allegations, which, at best, can trigger a knee-jerk reaction in the markets when they open for trade on Monday
Shah had noted the company plans an Rs 80,000 crore capex in FY25, out of which a major part will be towards the new energy ecosystem and the airports business, which will take up about Rs 50,000 cr
Adani Group is seeking institutional investors including from the US as part of its efforts to expand its shareholder base and draw more research analysts to cover the firm
Adani Enterprises clarified that Chairman Gautam Adani's succession comments were misquoted, and no date for his retirement or transfer of control to his sons was given
Consolidated net profit rose to Rs 1,455 crore for quarter ended June 30, from Rs 674 crore a year ago, the company, which is the flagship firm of the Adani Group, said in an exchange filing
Adani Wilmar shares closed at Rs 348.80 per share, up 0.19 per cent on NSE, while Adani Enterprises closed at Rs 3,225.10 per share, up 1.76 per cent
The Group plans to expand its collaboration with Vietnamese partners in the aviation and logistics sectors through the development of Long Thanh and Chu Lai airports
Indian and international institutions have oversubscribed to Adani Energy Solutions Ltd.'s $1 billion share sale
The issue should open in mid-August after the final approval, one of the sources said on condition of anonymity
For context, the record highs for Sensex and Nifty50 are 81,587.76 and 24,854.80 levels, respectively.
A high-level delegation from Bhutan led by its King and the Prime Minister on Tuesday visited Adani Group's flagship infrastructure project sites at Mundra and Khavda as part of their two-day visit to Gujarat. "Immensely grateful to His Majesty King Jigme Khesar Namgyel Wangchuck of Bhutan and Hon. @PMBhutan Dasho Tshering Tobgay for visiting Adani's 30 GW Renewable Energy site at Khavda and Mundra Port. Deeply inspired by Bhutan's vibrant spirit and steadfast commitment to eco-friendly initiatives. We are excited about doing our part to foster collaboration with the Land of the Thunder Dragon for a sustainable and greener future," group chairman Gautam Adani said in a post on X. Adani also posted pictures with the two. The primary aim of their visit was to explore extensive collaboration opportunities with the Adani Group across multiple sectors, sources said. In Mundra, Adani Group operates India's largest commercial port, while at Khavda it is developing the world's largest ...
The Supreme Court has dismissed a plea seeking review of its January 3 verdict by which it refused to transfer the probe into allegations of stock price manipulation by the Adani Group to a special investigation team or the CBI. A bench comprising Chief Justice of India D Y Chandrachud, Justice J B Pardiwala and Justice Manoj Misra dismissed the review plea filed by one of the PIL petitioners, Anamika Jaiswal, against the January 3 verdict. "Having perused the review petition, there is no error apparent on the face of the record. No case for review under Order XLVII Rule 1 of the Supreme Court Rules 2013. The review petition is, therefore, dismissed, the bench said in its order of May 5. The review petition was considered by the judges in chamber. In a significant win for the Adani Group, the top court, on January 3, declined to order a CBI or SIT probe. In its judgment, the apex court had said market regulator SEBI was conducting a "comprehensive investigation" into the allegation
Adani Ports to put in Rs 10K cr, may complete Phase-I in Sep, all phases by 2028
Transshipment refers to transferring cargo from an original ship to another, bigger mother ship at a port on the way to the cargo's final destination
As part of the scheme, Adani Cementation will be merged with Ambuja, while Adani Cement Industries will become a wholly-owned subsidiary of Ambuja Cements
Bulk of the investments will be in the airport and green energy businesses, says senior executive
Addressing an annual general meeting with shareholders, Adani Group chairman Gautam Adani pointed out that certain sections of the media played a role in amplifying the attack