Page 14 - Adani Group

Adani Group defends key projects amid alleged environmental law violations

Adani Group is defending itself against allegations made in India's National Green Tribunal that it started work on a $2 billion power plant without waiting for environmental clearance

HC rejects Adani Cargo's plea against Kolkata Airport cargo terminal bid

Adani Global Air Cargo Solutions said it was excluded from participating in the bidding process due to a technical glitch that prevented it from logging in to submit its online bid

Adani, Emaar said to be discussing deal structure for $1.4 bn India unit

Adani family and Emaar are discussing the structure of a transaction, which could include an unlisted Adani unit infusing about $400 million in equity

Markets Today: GIFT Nifty; Feb WPI; Wall St.; Gold; Paradeep, Divine IPOs

At 7:00 AM, GIFT Nifty Futures were up 126 points at 22,570, suggesting a gap-up start.

Adani group commits Rs 1.1 trillion capital expenditure for FY26

To be funded through a mix of cash, debt/equity sale

Navi Mumbai Airport inauguration set for June after revised timeline

Adani Group Chairman Gautam Adani visited the NMIAL site on Sunday to review the progress of the project

Indian govt asks Ahmedabad court to serve US SEC summons to Gautam Adani

The summons would require Gautam Adani or his legal counsel to appear in the case in the United States

Adani Group wins Rs 36,000 cr Mumbai's Motilal Nagar redevelopment project

After the Dharavi slum redevelopment project, billionaire Gautam Adani's group has emerged as the highest bidder for the Rs 36,000 crore redevelopment of Motilal Nagar in Mumbai, sources said. Motilal Nagar I, II & III is one of Mumbai's biggest housing redevelopment projects, covering 143 acres in western suburb of Goregaon (W). Adani Properties Pvt Ltd (APPL) emerged as the highest bidder, offering more built-up area than its nearest rival, L&T, sources aware of the matter said. Letter of Allotment (LoA) will be issued in due course. This will be the second mega redevelopment project of Adani Group in Mumbai. It is already redeveloping Dharavi, one of Asia's largest slums in Mumbai. Adani Group did not offer any comments on the story. The Mumbai High Court last week gave Maharashtra Housing and Area Development Authority (MHADA) a go-ahead to redevelop Motilal Nagar through a construction and development agency (C&DA). The state government has declared it as a 'special ..

Fitch assigns negative outlook to Adani Energy citing governance concerns

Fitch assesses that the US indictment for alleged securities and wire fraud reflects a corporate governance risk

Adani Grp stocks rally: Power, Ports, Enterprises jump up to 6% on March 10

On Friday, Fitch Ratings affirmed Adani Energy Solutions Limited's (AESL) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BBB-'

Fitch cuts Adani Energy's outlook to negative, cites US probe risks

The US indictment may lead to negative rating action in the near to medium term for Adani Energy

Dharavi redevelopment contract: SC seeks response from Maha govt, Adani

UAE-based SecLink Technologies had filed a plea challenging the state govt's decision to cancel its 2019 bid for the Dharavi redevelopment project and award the tender to Adani Properties in 2022

SC refuses to stay Dharavi project, asks Adani to maintain separate account

The SC ruling follows Seclink Technologies' challenge to Maharashtra's decision to award Asia's largest urban rehab project to Adani Group, disputing the bidding process

Bombay HC permits Adani Group firm to cut mangroves for jetty project

The Bombay High Court on Wednesday permitted Adani Cementation Limited to cut 158 mangrove trees for its proposed jetty project along the Amba river in Maharashtra's Raigad district. A division bench of Chief Justice Alok Aradhe and Justice Bharati Dangre, however, emphasised the importance of balancing development with environmental conservation and directed the company to strictly adhere to the conditions imposed by regulatory authorities. While the project serves commercial interests, it must not lead to excessive depletion of natural resources, the HC said. The court said a balance needs to be struck between the necessity of the project, which aims at meeting the ever-increasing need for cement, and, at the same time, not compromising the ability of future generations to meet their own needs. It is necessary to ensure that the project results in minimum damage to the environment and natural resources, particularly when the entire planet is coping with the crisis of climate ...

Adani Wilmar share price soars 7% on acquisition of GD Foods; check details

The acquisition will be executed in multiple tranches, with 80 per cent of the shares to be acquired in the first tranche, and the remaining 20 per cent to be acquired over the next three years

Adani Wilmar to buy GD Foods to expand its value-added products portfolio

The edible oil major also said the 'Tops' brand is among the top three players in the tomato ketchup and pickles category

Adani Green raises $1.06 bn for debt refinance, first since US indictment

Adani Green Energy Ltd had earlier shelved its planned $600 million bond offering in November 2024 following the US indictment of key executives, including Chairman Gautam Adani

Adani Group's US investment plans likely back on track thanks to Trump

In February 2025, Trump ordered a halt to FCPA enforcement, a move that industry observers believe could weaken the legal case against the Adani executives

Adani Green crosses 12GW renewable capacity, added 275 MW solar project

Adani Green Energy (AGEL) on Friday said its total operational renewable energy generation capacity has increased to 12,258.1 MW with the commissioning of an additional 275 MW of solar power project at Khavda, Gujarat. "Adani Green Energy Twenty Five A Ltd, wholly-owned step down subsidiary of the company has operationalized an incremental 275 MW of solar power project at Khavda, Gujarat," a regulatory filing said. According to the statement, with the commissioning of this plant, AGEL's total operational renewable generation capacity has increased to 12,258.1 MW. Based on the relevant clearances, it was decided on February 27, 2025 to operationalize the plant and commence power generation from February 28, 2025, it added. According to a company statement, AGEL, India's largest renewable energy (RE) company has surpassed a record 12,000 megawatts (MW) of operational portfolio. AGEL is the first and only renewable energy company in India to reach this landmark. AGEL's 12,258.1 MW .

Adani Group to invest $18 billion in various projects across Assam, MP

Asia's second-richest person, on Tuesday, pledged spending Rs 50,000 crore in the northeastern state of Assam in areas including airports, city gas, transmission, cement and roads