Page 34 - Adani Group

Adani Group sees $22 billion in value wiped off after US indictments

Adani group's 10 listed stocks had a total market capitalisation of about $147 billion at 0411 GMT, compared to $169.08 billion on Tuesday

Nifty PSU Bank index slips 5%; PNB, BOB, Canara, SBI dip up to 7%

At 10:00 AM, the Nifty PSU Bank index, the top loser among sectoral indices, was down 4.7 per cent, as compared to the 0.92 per cent decline in the Nifty 50

Market Today: F&O rules, Adani Group stocks, NTPC Green IPO, Zinka listing

Investors will closely watch the implementation of new F&O rules, the NTPC Green Energy IPO, coupled with the Maharashtra Assembly election developments and Nifty50 expiry

Adani unit tapped US bond market hours before billionaire's indictment

The indictment came shortly after units of clean-energy arm Adani Green Energy Ltd sold a 20-year green bond in the US investment-grade market

Adani Group scraps $600 million bond, other notes drop on US SEC charges

Billionaire Adani, one of the richest men in the world, was charged with allegedly participating in a scheme that involved promising to pay more than $250 million in bribes to Indian govt officials

US SEC charges Gautam Adani, 7 others in alleged bribery, fraud scheme

Gautam Adani, Sagar Adani and Jaain were charged with securities fraud, securities fraud conspiracy and wire fraud conspiracy

Adani acquires to expand its portfolio of engineering & construction cos

Acquisitions to help build new airports, roads, Dharavi projects

Adani plans $2 bn convention centre in Mumbai to rival Ambani's Jio Centre

The Mumbai Metropolitan Region Development Authority has reportedly approved Adani's international convention centre design, set to be Mumbai's largest

Adani Green Energy offers dollar bond again after earlier deal postponed

Units of the group's clean-energy business, Adani Green Energy Ltd. are marketing a 20-year $600 million note at a yield of around 7.75 per cent, according to a person familiar with the matter

Rs 1 trillion airport capex plan for 5 years: AAHL director Jeet Adani

Jeet Adani outlined his vision for the airports business that's expected to attract investments of around Rs 1 trillion over the next few years

Cooling solutions as a service hots up as Tata, Adani make the switch

In FY24, erstwhile Adani Transmission changed its name to Adani Energy Solutions (AESL) to reflect its focus on selling cooling solutions

India's Adani Group to invest $10 billion in US energy following Trump win

The billionaire announced the investment, with no specific timeline, while congratulating U.S. President-elect Donald Trump on his election win

Gautam Adani hosts European leaders on tour to Khavda, Mundra projects

Industrialist Gautam Adani said that it was a privilege to host the leaders and shared insights from their discussion on sustainability and partnership

MSCI skips Adani Energy's inclusion in Nov rebalancing; share price down 9%

MSCI index rebalancing: Adani Energy Solutions has been issued a show cause notice by the Securities Exchange Board of India (Sebi) for potential wrongful categorisation of shareholding

Bangladesh fast tracks payment to Adani Power ahead of November 7 deadline

The Gautam Adani-owned company reduced the power supply to Bangladesh to 700-800 MW this month, nearly half than earlier, after failing to secure its dues of $846 million

2 Adani cos sign pacts with MSEDCL to supply 6,500 MW power to Maharashtra

Two Adani Group firms -- Adani Power and Adani Renewable Energy Fifty Five Limited -- will supply about 6,500 MW of power to Maharashtra State Electricity Distribution Company as part of agreements. In a regulatory filing, Adani Power Ltd said it has signed an agreement with Maharashtra State Electricity Distribution Company to supply nearly 1,500 MW of power. "Adani Power Limited has entered into a Power Supply Agreement (PSA) for supply of 1,496 MW (net) for a period of 25 years with the Maharashtra State Electricity Distribution Company Limited (MSEDCL)," it said. In a separate filing, Adani Green Energy Ltd (AGEL) said its wholly-owned step-down subsidiary Adani Renewable Energy Fifty Five Limited has entered into power purchase agreements with MSEDCL for supply of 5,000 MW of solar power.

Adani Group's mcap surges by over Rs 39k cr amidst renewed Oppn attack

Adani Group's market cap surges by over Rs 39K cr amidst renewed opposition attack

Adani Enterprises Q2FY25 results: Profit zooms 664% to Rs 1,742 cr

Expenses grew by eight per cent to Rs 20,787.29 crore from a year ago, with finance costs dipping 32 per cent to Rs 909.83 crore from a year ago

CM Naidu meets Adani Group delegation to discuss investment opportunities

Discussions covered projects with the potential to drive comprehensive growth across the state in key sectors

Increased pace of capex will help achieve targeted growth: Adani Cement CEO

The pace of capex (capital expenditure) has increased, which will help Adani Cement "achieve targeted growth ahead of time", said Adani Group Cement Business CEO Ajay Kapur in an investors' call on Monday. The Adani group, which had last week announced the acquisition of Orient Cement, aims to have a manufacturing capacity of 140 million tonnes per annum (MTPA) by FY28. "Adani Cement will benefit from accelerated growth, lower costs and good synergies, all of which will contribute to leading the market and achieving sustainable performance in the near future. The pace of capex has increased, which will help to achieve targeted growth ahead of time," said Kapur. Ambuja Cement, part of Adani Group, which houses all cement assets, is a debt-free company and as of September 2024, cash and cash equivalent for the company was at Rs 10,135 crore, said Kapur. "During H1, approximately Rs 14,700 crore has been utilised, out of which Rs 12,350 crore has been spent on organic and inorganic ..