Other Adani Group firms may also raise funds through a few public bond sales in India over the next 12 months, Singh said
Ratings of 24 group firms under 'continuous surveillance', says agency about conglomerate facing legal charges in the US
Adani Green Energy, Adani Energy Solutions and Adani Total Gas rallied up to 22% on the NSE in intra-day trade, after inclusion in F&O segment on Friday.
It was a mixed debut for the new 45 entrants in the derivatives segment as 50 per cent of the shares traded with losses in intra-day deals on the NSE.
Adani Green Energy's solar project delays leave Andhra Pradesh waiting for power. The state is likely to receive only 1,000 MW by April 2025, much below the initial schedule of 3,000 MW
Japanese support shows the divide among finance firms over Adani after he and others were charged with plotting a $250 million scheme to bribe India government officials to win solar energy contracts
At 11:09 am; Adani Total Gas was trading 14% higher, while Adani Green and Adani Energy Solutions were locked in the 10% upper circuit, as compared to nearly 1% decline in the BSE Sensex.
From Adani Group of stock to Vedanta, here is a list of shares that will remain in focus today
Group shares gain Rs 1.22 trn on Wednesday
Paras Defence, Ravindra Energy, Zaggle Prepaid Ocean Services, Oriental Rail Infrastructure, Puravankara and Veritas (India) from the BSE Smallcap index have locked in upper circuit.
Adani Green Energy clarified today that allegations against Gautam Adani, Sagar Adani, and senior executive Vneet Jaain under the US FCPA by the US Department of Justice are "incorrect."
Former Attorney General Mukul Rohatgi said that while the charges refer to allegations of Adanis bribing Indian entities, they do not specify the method of bribery or the persons involved
Adani Green has denied media reports claiming Adani executives were charged with bribery and corruption, clarifying that the charges relate to wire and securities fraud
Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the US Foreign Corrupt Practices Act (FCPA) in the indictment filed by US authorities in a court in a bribery case, the Adani Group said on Wednesday. Gautam Adani, founder chairman of the ports-to-energy conglomerate, Sagar Adani and another key executive, Vneet Jaain, have been charged by the US Department of Justice with being part of an alleged scheme to pay USD 265 million in bribes to Indian officials to win contracts for supply of solar electricity that would yield USD 2 billion profit over a 20-year period. In a stock exchange filing, Adani Green Energy Ltd, which is at the centre of the bribery allegations, said reports claiming that the three have been charged with FCPA violations "are incorrect". They have been charged with offences that are punishable with a monetary fine or penalty. "Gautam Adani, Sagar Adani and Vneet Jaain have not been charged with any violation of the F
On Monday, French energy major TotalEnergies said until such time as the bribery accusations against the Adani group individuals have been clarified, it will not make any new financial contribution
The Andhra Pradesh government was set to procure 7,000 MW of solar power from Adani Group through Seci aiming to supply cost-effective power to the agricultural sector
In the past one week, the market price of Adani Green Energy and Adani Energy Solutions tanked 37 per cent and 32 per cent, respectively.
French energy conglomerate TotalEnergies would pause further investments in Adani Group companies due to corruption allegations made by the US SEC
Group reports Rs 53K cr cash buffer, robust operational cash flow amid bribery charges
GQG Partners' exposure to Adani stands at $8.1 billion, constituting 5.2% of its total assets of $156.7 billion. GQG Partners holds stakes ranging from 1.5% to 2% in six Adani Group companies