Page 3 - Adani Group

Adani Group, Embraer partner to set up regional aircraft assembly in India

Adani Group and Brazilian major Embraer on Tuesday announced a strategic collaboration that aims to have a final assembly for regional transport aircraft in India. India is one of the world's fastest growing civil aviation markets and the partnership will look to help enhance air connectivity to Tier 2 and 3 cities. The partnership was announced at a function at the civil aviation ministry in the national capital on Tuesday. Civil Aviation Secretary Samir Kumar Sinha said the collaboration is not just about assembling a regional aircraft but also about progressive technology transfer, skilling, having robust supply chain as well as making India a trusted manufacturing hub for regional aircraft. Adani Defence & Aerospace Director Jeet Adani said with the Embraer collaboration, a regional aircraft manufacturing facility will be set up in India. Embraer makes commercial jets with up to 150 seats. With the partnership, Adani Group, which already has a good presence in the fast-growin

Adani Enterprises shares jump 6% on multiple triggers; group stocks rebound

Adani Defence subsidiary firms completed an additional stake acquisition in Flight Simulation Technique Centre Pvt Ltd, taking its effective shareholding to 72.8 per cent

Adani Group, Embraer to set up commercial aircraft assembly line in India

Adani Group and Brazilian aerospace major Embraer are set to announce next week the plan to set up a final assembly line for civilian aircraft in India, a significant push for the efforts to make planes in the country. India is one of the world's fastest growing civil aviation markets and air traffic demand is rising, with airlines expanding their fleets and new airports coming up. A Memorandum of Understanding (MoU) wil be inked by executives of Adani Defence and Aerospace, and Embraer in the presence of Civil Aviation Minister K Rammohan Naidu on January 27 in the national capital. The plan is for setting up the Final Assembly Line (FAL) for making Embraer jets in the country, according to sources. Embraer makes commercial jets with up to 150 seats. With the FAL, Adani Group, which already has good presence in the fast-growing Indian aviation space, will be making its foray into building aircraft in India. One of the sources said that in due course after the operationalisation

Three years of Hindenburg report that shook Adani group firms' mcap

Three years after Hindenburg's report wiped out ₹16 trillion in value, Adani Group has seen a sharp recovery-and a fresh sell-off amid renewed global scrutiny

Adani group stocks lose $12.5 bn after US SEC move on email summons

Adani Group stocks slid sharply after a US SEC filing sought court approval to email summons to Gautam Adani, wiping out $12.5 billion in market value

US SEC seeks alternative pathway to advance stalled Adani fraud case

The SEC's lawsuit, filed in November 2024, alleges that Gautam and Sagar Adani violated US securities laws by making false and misleading representations about Adani Green Energy Ltd

Adani Energy Solutions Q3 results: Profit falls 8% to ₹574 crore

Adani Energy Solutions Ltd (AESL) on Thursday posted an over 8 per cent decline in consolidated net profit to Rs 574.06 crore for December quarter, mainly due to higher tax expenses. AESL had logged a net profit of Rs 625.30 crore in the same period a year ago, the company said in an exchange filing. According to the filing, the company made a provision of total tax expenses of Rs 226.17 crore, whereas it had got tax credit of Rs 66.07 crore in the year- ago quarter. Total income however rose to Rs 6,944.44 crore from Rs 6,000.39 crore in the third quarter of 2024-25 fiscal, aided by increased revenues from key businesses. From transmission, the company earned a revenue of Rs 2,426.36 crore as against Rs 2,034.76 crore a year ago. Revenues from distribution business increased to Rs 3,103.62 crore from Rs 2,972.42 crore. "Q3FY26 adjusted PAT of Rs 574 crore increased by 30.4 per cent YoY translating from strong profitability at EBITDA and PBT level. The comparable PAT has been ...

SBI MF to buy at least 10% of Adani Power's record rupee bond issue

The remaining 6.75 billion rupees and 12.75 billion rupees will be raised through four- and five-year papers, ‌respectively, the bankers said

Adani Group unveils $66 billion Maharashtra investment plan at WEF 2026

In Maharashtra, the proposed investments are anchored by large-scale urban transformation and next-generation infrastructure projects

Adani group to invest ₹1.5 trn in Kutch, boost energy and port capacity

Karan Adani, managing director of Adani Ports & SEZ Ltd, on Sunday said that the Adani Group will invest Rs 1.5 lakh crore over the next five years in Gujarat's Kutch region. Adani was addressing the Vibrant Gujarat Regional Conference (VGRC) for the Kutch and Saurashtra regions held in Rajkot in the presence of Prime Minister Narendra Modi, Gujarat Chief Minister Bhupendra Patel, Deputy Chief Minister Harsh Sanghavi, and several industry leaders. "The Adani Group is committed to investing Rs 1.5 lakh crore over the next five years in the Kutch region. We will complete our Khavda project and commission the full 37 GW capacity by 2030, and we will also double our port capacity at Mundra in 10 years," he said. Adani said that every one of these investments aligns with India's national priorities: employment generation, industrial competitiveness, sustainability, and long-term resilience. "At a time when the global economy faces uncertainty and fragmentation, India is emerging as a ..

Adani Total Gas slashes CNG, piped gas prices after PNGRB tariff reset

Adani Total Gas Ltd (ATGL), the city gas joint venture of Adani Group and French giant TotalEnergies, has cut prices of CNG and natural gas piped to household kitchens for cooking across multiple markets, delivering direct relief to them and motorists. CNG and domestic piped natural gas prices have been cut by up to Rs 4, the company said. The reduction follows the landmark tariff reform by the Petroleum and Natural Gas Regulatory Board (PNGRB), which has streamlined gas transportation charges and lowered input costs for city gas distributors. ATGL said the price reduction varies by geography, depending on transportation zones. In Gujarat and adjoining Madhya Pradesh-Maharashtra areas, CNG is now cheaper by Rs 0.50 to Rs 1.90 per kg while domestic PNG is down by up to Rs 1.10 per standard cubic metre. In Rajasthan, Punjab, Haryana-NCR, northern Madhya Pradesh and bordering Uttar Pradesh, CNG price has been reduced by Rs 1.40 to Rs 2.55 per kg while domestic PNG is cheaper by Rs 1.1

Adani Enterprises to launch public bond issue next week, say bankers

The planned fundraising also includes ₹500 crore in a greenshoe option, the bankers said, which firms typically exercise when pricing is favourable

Sensex@40: Legacy companies make way for modern businesses on the index

Over four decades, traditional players have ceded significant ground to state-run enterprises and new, institutionally owned businesses that now drive market growth

Adani Green Energy operationalises 307.4 MW renewable energy projects

Adani Green Energy (AGEL) on Wednesday said the company, through its various step-down subsidiaries, has operationalized an aggregate 307.4 MW power projects at Khavda, Gujarat, from January 1, 2026. With the commissioning of these plants, AGEL's total operational renewable generation capacity has increased to 17,237.2 MW, according to a regulatory filing. According to the filing based on relevant clearances, the company plans to operationalize these plants and commence power generation from January 1, 2026. Adani Hybrid Energy Jaisalmer Five Ltd operationalised the largest-capacity 126 MW hybrid project. Adani Green Energy Twenty Five C Ltd operationalised a 75MW solar project, while Adani Green Energy Twenty Six B Ltd synced 50 MW hybrid project. The other step-down arms, which operationalised renewable projects, are Adani Hybrid Energy Jaisalmer Five Ltd (31.2 MW of wind energy), Adani Green Energy Twenty Six B Ltd (25 MW of wind energy) and Adani Renewable Energy Forty One Ltd

Adani Group pushes for more flying rights to boost traffic at its airports

The Adani Group's stance contrasts with the country's two largest airlines, IndiGo and Air India, which want New Delhi to be cautious about opening local skies to overseas carriers

Adani Group plans ₹1.8 trn defence spend to boost military capabilities

Adani Group plans to invest Rs 1.8 lakh crore next year in defence manufacturing, with a focus on strengthening capabilities in unmanned and autonomous systems as well as advanced guided weapons as it looks to play a stealth anchor role in India's future warfare capabilities, sources said. Adani Defence & Aerospace in 2025 transitioned from extended planning cycles to rapid deployment with some of its military hardware being used in Operation Sindoor. Next year, it will invest in unmanned and autonomous systems, advanced guided weapons, sensors and electronics, AI-enabled multi-domain operations, and scaled-up maintenance, repair and overhaul (MRO) and training infrastructure, company sources said. Autonomous systems across air, sea and land domains are unmanned platforms that use sensors, software and secure networks to operate with minimal human intervention, expanding military reach while reducing risk to personnel. In the air, they include UAVs that conduct intelligence, ...

Adani Group seals ₹80,000 cr in deals since 2023 short-seller crisis

Adani Group has completed as many as 33 acquisitions worth about Rs 80,000 crore (USD 9.6 billion) across its businesses since January 2023, signalling sustained access to capital and steady execution following the short-seller allegations that jolted markets nearly three years ago. The buying spree has been concentrated in the conglomerate's core sectors, according to market data and company sources. Ports led with acquisitions of around Rs 28,145 crore, followed by cement at Rs 24,710 crore and power at Rs 12,251 crore. Newer, incubating businesses accounted for Rs 3,927 crore, while transmission and distribution added Rs 2,544 crore of deals, they said. The list does not include the Rs 13,500 crore planned acquisition of debt-laden Japyee Group in bankruptcy proceedings. That transaction is yet to conclude. A few transactions in works too are not in the list. The acquisitions come as Adani works to rebuild investor confidence after now shuttered US-based short seller Hindenburg

Growth potential and earnings factored into GE Vernova's valuations

A large HVDC order win, rising transmission capex and renewable energy push strengthen GE Vernova T&D's earnings outlook, but high valuations already price in much of the upside

Ambuja Cements approves merger of ACC and Orient Cement into parent entity

Ambuja Cements' board approved schemes to merge ACC and Orient Cement into Ambuja, setting share-swap ratios and targeting completion within 12 months to drive efficiencies and simplify structure

AAHL will either have an IPO or demerger between 2027 and 2030: Jeet Adani

Navi Mumbai International Airport will begin commercial operations on December 25, with Adani Airports outlining traffic targets, capex plans and long-term expansion