Page 3 - Adani Group

Adani Group's ROA hits 16.5%, among highest globally in infrastructure

Adani Group chairman Gautam Adani said the conglomerate's return on assets (ROA) rose to 16.5 per cent in the financial year 2024-25 -- placing it among the top performers in the global infrastructure sector. Speaking at the Group's annual Shantilal Adani Lecture Series, Adani attributed the performance to disciplined growth and efficient capital deployment. "This figure demonstrates that our growth is profitable, our assets are productive, and our capital is working with precision," he said. The Group's net debt-to-EBITDA ratio stood at 2.6x, reflecting a conservative leverage profile. With robust internal cash flows, Adani said the company expects to self-fund a large share of its USD 100 billion five-year capex plan, reducing reliance on external markets. "This high ROA does more than generate cash. It fortifies our credibility with lenders, deepens investor confidence, and underpins our ability to take bold bets while preserving balance sheet integrity. It is the invisible ...

Adani to partner with Google for India's largest AI hub in Visakhapatnam

The project will include massive data centres, subsea cable links and clean energy systems in Visakhapatnam to power India's advanced AI operations

Cement maker ACC equity value sees sharp fall after Adani acquisition

ACC and Ambuja Cements were acquired by Adani group in September 2022 from LafargeHolcim Group.

Adani moves SC to support Sahara plea seeking nod to sell 88 properties

Sahara is not limiting its request to the 88 properties, as the company has asked the court to permit the sale of these and other assets

SC to hear Sahara firm's plea Tuesday on sale of assets to Adani Properties

The Supreme Court is likely to hear on Tuesday a plea of Sahara India Commercial Corporation Ltd (SICCL) seeking its nod to sell various properties, including Amby Valley in Maharashtra and Shahara Saher in Lucknow, to Adani Properties Private Limited. As per the apex court website, a special bench comprising Chief Justice B R Gavai and Justices Surya Kant and M M Sundresh will hear the plea at 2 pm on Tuesday. On Monday, a lawyer sought the hearing of a separate plea seeking release of the salaries of employees of a Sahara group firm. He said salaries of employees of the Sahara Communications have been withheld since 2014. Another counsel, appearing for one of the purchasers of Sahara properties, sought listing of another plea seeking directions to market regulator Securities and Exchange Board of India (SEBI) to release the documents pertaining to sale of certain properties. The SICCL had moved the top court seeking its permission to sell various properties, including Amby Valley

Is Adani Ports the next big winner? Investec decodes; check target price

Investec has initiated coverage on Adani Ports with a 'Buy' rating, saying the company's integrated network offers a competitive edge, evident from the sharp volume/margin gains at acquired assets

Adani ties up with MTAR Technologies for Amca stealth jet race: Sources

Seven competing entities - including HAL, the Kalyani Group, Tata, Adani, and L&T - responded to the EoI last month to qualify for building the AMCA prototype

India must stop allowing others to define its identity, says Adani

"If we do not narrate who we are, others will rewrite who we were," Adani Group Chairman Gautam Adani said on Friday, calling for India to take charge of its global narrative through cinema, storytelling, and emerging technologies. Speaking at Whistling Woods International, Adani emphasised that India must stop allowing foreign voices to define its identity. "Silence is not humility, it is surrender," he said, pointing to films like Gandhi and Slumdog Millionaire as examples of how India's stories have often been told through Western lenses. He argued that India's failure to own its story has allowed others to profit off caricatures of its reality, and said the country must stop allowing others to define its identity. He also warned of the double-edged power of storytelling in an era where narratives "move markets faster than numbers". Referring to the 2023 Hindenburg report that temporarily wiped over USD 100 billion off Adani Group's market value, he said the episode was a stark .

PM Modi to inaugurate Navi Mumbai airport, India's first fully digital hub

Prime Minister Narendra Modi will inaugurate Navi Mumbai International Airport on October 8; India's first fully digital airport will start commercial operations in December

Govt 'probes' Adani Defence for tax evasion on missile parts imports

Adani Defence Systems and Technologies is one of the smaller businesses of the coal-to-airports conglomerate of billionaire Gautam Adani

Adani Group to invest ₹30,000 cr more in Navi Mumbai airport expansion

Passenger operations at the Adani Group's Navi Mumbai International Airport to begin in December, with PM Modi set to inaugurate the first phase

Adani Enterprises taps debt private placement after 2-year gap: Bankers

Adani Enterprises raised 10 billion rupees in July via a public issue of two-, three- and five-year bonds at coupons of 8.95%-9.30%

I-T dept imposes penalty of ₹23.07 crore on Adani Cement entity ACC

The Income Tax (I-T) department has imposed two separate fines on ACC Ltd, totalling Rs 23.07 crore, which will be contested by the Adani Group firm before the appellate authorities. The I-T department has slapped a penalty of Rs 14.22 crore allegedly "for furnishing of inaccurate particulars of income" for Assessment Year 2015-16. The department has also levied a penalty amounting to Rs 8.85 crore "for under-reporting of income" for Assessment Year 2018-19. "The company will be contesting both orders by filing appeals before the Commissioner of Income Tax (Appeals) within the prescribed timelines and, in parallel, will seek a stay on the penalty demands raised under the respective orders," ACC said in regulator filings on Thursday. The company received these two demands on October 1, 2025, and said that these penalties will have no impact on financial activity. ACC is a subsidiary of Ambuja Cement, the Adani Cement entity, which owns over 50 per cent of the company. Both the I-T

Ambani tops Hurun India Rich List 2025, Roshni Nadar leads among women

Mukesh Ambani tops Hurun India Rich List 2025 with Rs 9.55 trillion wealth, Gautam Adani second, Roshni Nadar Malhotra richest woman, and Aravind Srinivas youngest billionaire

Sahara firm seeks SC nod for sale of group's assets to Adani properties

The Sahara India Commercial Corporation Ltd (SICCL) has moved the Supreme Court seeking its permission to sell various properties, including Amby Valley in Maharashtra and Shahara Saher in Lucknow, to Adani Properties Private Limited. The plea, which was mentioned for hearing recently, would likely come up on October 14. Seeking the permission, the plea filed through advocate Gautam Awasthi, said, "..to outright sell various properties belonging to the Sahara Group to Adani Properties Private Limited, for the consideration and on the terms and conditions as set out in the term sheet dated September 6, 2025." The interlocutory application, filed in the pending matters related to Sahara group, said pursuant to various orders passed by this court, from time to time, and after taking the permission of this court through various orders, the SICCL and the Sahara Group were, with great difficulty, able to liquidate certain movable and immovable assets of theirs, the proceeds of which were

Mumbai airport sees over 5 million international arrivals in Jan-Aug: MIAL

Chhatrapati Shivaji Maharaj International Airport in the city has handled over 5 million international arrivals in the January-August period this year, primarily driven by passengers from the UAE, UK, and Thailand, private airport operator MIAL said on Saturday. The facility has witnessed the international arrivals at the airport clocking a compound annual growth rate (CAGR) of 21 per cent in the past three years, reflecting the city's ever-burgeoning prominence on the global travel map and echoing the spirit of World Tourism Day that celebrates the power of travel in connecting cultures and economies, it added. Every year, September 27 is observed as World Tourism Day globally. Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) is run under a joint venture, Mumbai International Airport Ltd (MIAL), which is 74 per cent owned by the Adani Group and the remaining 26 per cent by the Airports Authority of India. Between January and August this year, arrivals rose steadi

Delhi HC orders status quo on removal of social media posts on Adani

The Delhi High Court on Friday ordered status quo on the removal of social media posts on Adani Group of Companies by senior journalist Ravish Kumar and digital news platform Newslaundry. Justice Sachin Datta take note of the submissions of Adani Enterprises that it will not be asking Kumar and Newslaundry to take down any more content from their sites or any other intermediary, as existing on 12 noon, September 26. "It is agreed that in case the petitioners have already taken down any material, the same shall not be re uploaded," the judge said, clarifying that it will continue till the trial decides the suit filed by Adani Enterprises. The court noted the submission of the Centre's counsel who said its directions to the journalises to take down the posts were issued by way of an information on civil court's order to the parties concerned. The high court said the government had also communicated to the journalists and organisations the subsequent court directions staying the gag .

Gautam Adani pledges stronger governance following Sebi clean chit

Adani calls Sebi's verdict a resounding validation, vows tighter governance, stronger sustainability, and $100 bn investments in energy and infrastructure

GQG sells some Adani Power shares to Citadel Securities, SBI Fund

GQG Partners sold about 35 million shares, or about a 1 per cent stake, with SBI Mutual buying most of the shares

HC to hear Newslaundry plea against Centre's Adani case order on Sep 25

The Delhi High Court would on September 25 consider the pleas of digital news platform Newslaundry and senior journalist Ravish Kumar challenging the Centre's purported direction asking digital news publishers to take down multiple reports and videos concerning Adani Group of Companies. Justice Sachin Datta on Monday set the date after hearing the matter briefly. The petitioners said the plea was not on merit, since the trial court was already scheduled to hear the matter on September 23 against an interim order. "This present petition is only on power of the government to enforce an order passed inter-parte between two private people where I am not..," the counsel said. Meanwhile, the counsel representing the central government, said the Centre "communicated" the order passed by the court, and did not pass any order. A Delhi court on September 18 set aside an civil judge's order asking four journalists to take down alleged defamatory content against Adani Enterprises Limited (AEL