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
The shares have surged 34% so far in 2026, putting the company on track to end the year as the top gainer on the NSE Nifty 50 Index
Adani Group Chairman Gautam Adani on Wednesday said the dismissal of the US criminal case has left him with humility rather than triumph, saying the experience reinforced his faith in the rule of law and the importance of honouring commitments through periods of adversity. Speaking to employees and partners in the second edition of Apni Baat, Apno Ke Saath, Adani reflected on the Hindenburg Research allegations of 2023 and the subsequent US Justice Department case, days after a federal judge in New York dismissed the criminal charges against him and his nephew Sagar Adani. The judge's ruling ended the criminal case, but also raised concerns about the Justice Department's decision-making process. Adani said the episode had strengthened his conviction that "enduring confidence is earned by honouring commitments, standing by one's values and doing the right thing, especially in difficult times", according to a statement issued by the conglomerate. Recalling the Group's decision to ...
Brooklyn-based US District Judge Nicholas Garaufis dismissed conspiracy, securities and wire fraud charges brought against them in a late-night order, marking an end to Adani's US legal troubles.
US District Judge Nicholas Garaufis in Brooklyn, New York, on Monday dismissed conspiracy, securities and wire fraud charges against Adani and his nephew Sagar Adani
The state-run miner is exploring a joint venture with Chile's Codelco as India seeks to secure copper supplies
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
Facility would trail only Google's intended Andhra project in scale
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
Adani Enterprises has ruled out plans to launch an airline, saying reports about its entry into the aviation business are baseless
Adani Power said its plans to develop nuclear power projects depend on the government finalising rules allowing private-sector participation, with technology choices hinging on commercial viability
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 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 Brooklyn federal prosecutor told the court he had no basis to question the Justice Department's decision to drop the fraud and bribery case against Adani, while stopping short of endorsing the move
Custom authorities have objected to the sale of nicotine pouches at Mumbai airport's duty-free stores. The case has put the spotlight on India's rules governing duty-free retail and taxation
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