Page 11 - Adani Group

Adani Group raises $1 billion to refinance debt for Mumbai airport

Adani Group has raised USD 1 billion from global investors led by New York-based Apollo Global Management to refinance existing debt for its Mumbai airport. Mumbai International Airport Ltd (MIAL), a unit which operates India's second largest airport, will use the proceeds to refinance debt raised in 2022, it said in a statement. "The transaction involves issuance of USD 750 million notes maturing July 2029 which shall be used for refinancing. The financing structure also includes provision to raise an additional USD 250 million, resulting in total financing of USD 1 billion," the group said. This, it said, will provide enhanced financial flexibility for the capital expenditure program of MIAL for development, modernisation, and capacity enhancement. The bonds will offer about 6.9 per cent over the four-year tenor. MIAL is managed by Adani Airport Holdings Ltd (AAHL), a subsidiary of group's flagship firm Adani Enterprises Ltd. AAHL holds 74 per cent stake in MIAL and the remainin

'Our most transformative project': Gautam Adani on Dharavi redevelopment

Calling it a social mission, Gautam Adani said the Dharavi project will replace cramped lanes with homes, hospitals, schools, and green spaces for 1 million people

Adani Group logs 7% FY25 growth, sets $20 bn capex target for 5 years

As the Adani Group posts record highs across power, ports, airports, and cement, Gautam Adani announces a $20 billion annual capex push to drive India's infra, energy, and green transition goals

No one from Adani Group charged under US FCPA, says Gautam Adani at AGM

Gautam Adani dismissed allegations of US bribery and obstruction, reaffirming the group's compliance and governance standards while highlighting record-breaking growth

Adani's Mumbai Airport secures $750 mn deal with Apollo-led investor group

The agreement also allows for up to $250 million in additional funding for capital expenditure and capacity expansion needs

Adani plans ₹35,000 crore more capex in Navi Mumbai airport by FY30

Project gets interim tariff nod from Airports Economic Regulatory Authority

MMRDA to build Dharavi as multi-modal transit hub with metro, rail links

The MMTH will connect Dharavi to metro lines, airports, rail stations and BKC, as MMRDA takes charge of building a future-ready, 24x7 urban mobility hub

Adani commissions India's 1st off-grid green hydrogen pilot plant in Kutch

Adani Group has commissioned India's first off-grid 5 megawatt green hydrogen pilot plant in Kutch, Gujarat, the conglomerate said in a statement on Monday. An off-grid green hydrogen plant is a facility that produces hydrogen using electrolysis powered by renewable energy sources, such as solar or wind, and is not connected to the main electrical grid. This means the plant relies entirely on its own renewable energy generation for the hydrogen production process. The 5 MW plant has been built by Adani New Industries Limited (ANIL) - the clean energy unit under the group's flagship firm Adani Enterprises Ltd. Calling it a key milestone towards enabling India's National Green Hydrogen Mission, the group said the successful commissioning demonstrates technical feasibility and sets a benchmark for off-grid, renewable-powered industrial applications of green hydrogen and its derivatives in emissions-intensive sectors. "The state-of-the-art plant is 100 per cent green-powered by solar .

Andhra clears ₹28,546 cr investments; Adani Group to spend ₹18,910 cr

IT company Cognizant will invest almost ₹1,583 crore to set up a campus in Visakhapatnam

HAL outbids Adani-backed firm to bag transfer of tech of SSLV from Isro

In a significant milestone, Hindustan Aeronautics Limited (HAL) was on Friday declared the winner of the bid for the transfer of technology of the Small Satellite Launch Vehicle (SSLV), the ISRO's rocket to place satellites up to 500 kg in low-earth orbit, edging out two consortia, including one led by a defence manufacturer backed by the Adani Group. Fighter jet manufacturer HAL was the standalone bidder for the coveted contract to build the ISRO-designed rocket and was pitted against the two consortia -- one led by Alpha Design Technologies, backed by the Adani Group, and the other led by Hyderabad-based Bharat Dynamics Limited. HAL presented the winning bid of Rs 511 crore to emerge as the sole manufacturer of the SSLV after the completion of the process of transfer of technology that is expected to take place over the next two years. "Under this technology-transfer agreement, HAL will have the capability to independently build, own and commercialise SSLV launches," Pawan Kumar .

'All our assets abroad are safe': Pranav Adani amid Israel-Iran tensions

Among the key concerns is the Haifa Port in northern Israel, which the Adani Group acquired in early 2023

This Adani-group stock flags BIG bullish signal; can it double from here?

The average gain for Ambuja Cements, an Adani group stock, after witnessing 'Golden Cross' formation has been 86% in the last three instances; can history be repeated? Here's what the charts say.

Adani-operated Haifa Port unaffected in Iran's missile strike on Israel

Haifa Port, 70 per cent owned by Adani Ports, was not damaged during Iran's missile strike on Israel, though parts of a refinery and chemical terminal were hit

Credai, Adani Cement tie up for workforce skilling, green construction

Credai has joined hands with Adani Cement to promote sustainable building practices and launch councils focused on workforce skilling and green development in real estate

Adani group plans Airport unit IPO by 2027, hastens $100 billion capex

The ports-to-power conglomerate has doubled the pace of its capital spending plan and now intends to plow $100 billion in five to six years instead of spreading it out over a decade

Adani group to use own cash, debt to fund $20 billion annual capex

Group to bid for UP electricity discoms to expand network

Cement sector to profit from $2.2 trn infra investment by 2030: Karan Adani

The cement industry will be a "key enabler" and is expected to benefit significantly from the approximately USD 2.2 trillion in investments projected in the infrastructure sector by 2030, said ACC Chairman Karan Adani. ACC Cement, part of Adani Group's cement business, which crossed the 100 MTPA capacity milestone in April 2025, is contributing to India's growth by laying a strong, sustainable foundation for a brighter tomorrow, said Adani in the latest annual report of the company. "The infrastructure sector, vital to realising India's economic ambitions by 2030, is projected to require investments of approximately USD 2.2 trillion. As a key enabler of infrastructure growth, the cement industry stands to benefit significantly from these investments," he said while addressing the shareholders. The cement sector is set for significant expansion, and its strategic priorities are designed to leverage this potential effectively, he added. ACC is part of Ambuja Cement, which holds the .

Adani Power share price zoom 8% in trade on Tuesday, June 10; here's why

Adani Power share price today zoomed amid heavy trading volumes. By 1:50 PM, around 3.28 million shares worth ₹194.94 crore had changed hands on BSE.

Gautam Adani draws ₹10.41 crore salary in FY25: Who earned more than him?

Billionaire Gautam Adani drew a salary of ₹10.41 crore in FY25, an increase of 12% from the previous year, but remains behind several peers and group executives in remuneration

Akasa Air signs pact with Adani Airport to launch operations from NMIA

Akasa Air partners with Adani Airports to begin operations from Navi Mumbai International Airport, starting with 100+ weekly flights and expanding to 350+ domestic and international departures