Page 72 - Adani Group

Adani Enterprises Q4 results: Net profit rises 137.5% to Rs 722 crore

Adani Enterprises Q4 results: The revenue from operations of the flagship firm of the Adani Group was up 26.06 per cent to Rs 31,346.05 crore in the quarter

Stocks to Watch: Titan, Tata Chem, Adani Group, RIL, Petronet, Apollo Micro

Stocks to watch on May 04, 2023: Adani Enterprises, Bombay Dyeing, Dabur, HDFC, Hero MotoCorp, Tata Power and TVS Motors may see some action owing to Q4 results on Thursday.

Vantage emerges highest bidder for SKS Power Generation with Rs 1,800 cr

The bid by Ahmedabad-based Torrent is a close second with a difference of just Rs 7 crore, said a banking source

Adani Group starts work on data centre at Vizag in Andhra Pradesh

Adani Group on Wednesday started work on building India's first first integrated data centre and technology business park at Vizag in Andhra Pradesh. The park will host a 200+ MW of data centre capacity, powered with up to 100 per cent renewable energy, the group said. The park will also house a skill development centre. It will be the first of the 3 technology zones planned in Vizag and one of the largest hyperscale parks in India. The groundbreaking ceremony at the park site in Madhurawada, Vizag was held on Wednesday in the presence of Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy, Adani Group managing director Rajesh Adani, and Adani Ports & SEZ CEO Karan Adani. AdaniConneX, a 50:50 joint venture between Adani Group and EdgeConneX, will host within the park an integrated 200+ MW data centre facility. The park will be powered with up to 100 per cent renewable energy and connected with robust terrestrial and submarine infrastructure to help deployment of cloud and emerging

Auditor who was named in Hindenburg report resigns from Adani's company

A small Ahmedabad-based chartered accountancy firm, whose appointment was questioned by a US short seller in its scathing report against the conglomerate run by billionaire Gautam Adani, has resigned due to "pre-occupation", Adani Total Gas Ltd said. Hindenburg Research in its January 24 report that levelled allegations of fraud, stock manipulation and money laundering against the Adani group, had also raised the issue of the size and capability of the firms auditing the conglomerate. Adani group has repeatedly denied all allegations. Hindenburg stated that the independent auditor for the group's flagship firm, Adani Enterprises, and its city gas retailer Adani Total Gas Ltd is a "tiny firm" called Shah Dhandharia. "Shah Dhandharia seems to have no current website. Historical archives of its website show that it had only 4 partners and 11 employees. Records show it pays Rs 32,000 (USD 435 in 2021) in monthly office rent. The only other listed entity we found that it audits has a ..

Dharavi wants to be redeveloped but with its residents' future secured

Questions over Adani Group's ability to pull it off but the developer says the concern is unwarranted

Adani Group shares weak; Adani Wilmar sheds 5% as Q4FY23 PAT sinks 56% YoY

Shares of Adani Enterprises, Adani Power, Adani Green Energy, Adani Total Gas, Ambuja Cements and Adani Ports and Special Economic Zone were trading 3-7 per cent lower intra-day

Adani Wilmar reports 60% fall in net profit in Q4FY23, revenue up 7%

Adani Wilmar Q4 results: In the year ended March 31, 2023, the company's net profit fell 28% to Rs 582 crore as compared to Rs 804 crore in FY22

Hindenburg targets Icahn Enterprises, claims IEP shares overvalued

Hindenburg targets Icahn Enterprises after dropping a significant amount of Adani Group shares. In response to that, Icahn rejects Hindenburg's claim and called the report self-serving

Singapore's Vantage Point is highest bidder for bankrupt SKS Power

Reliance Industries, Adani Group, NTPC avoid aggressive offers for Chhattisgarh power company

Top Headlines: Go First's bankruptcy, extension on Adani row probe and more

Catch live updates from across the globe here

Adani group report: Petitioner opposes six-month extension to Sebi

Sebi, which was set to file a status report in the matter on May 2, asked top court to give it six more months to complete its probe into short-seller Hindenburg Research's allegations against Adani

Q4 results: Adani Total Gas logs 21% rise in net profit over CNG sales

The company has pushed for an aggressive expansion of CNG stations at a time when piped natural gas volumes have dropped

Ambuja Cements Q4 net profit up 1.61%, declares dividend of Rs 2.5 apiece

The revenue from operations jumped 8.39 per cent to Rs 4,256.31 crore in the quarter

Adani Ent, ACC: Charts indicate positive trend in select Adani Group stocks

Adani Enterprise , in particular, could see a rally of up to 11 per cent in coming sessions

Adani stocks in focus amid Q4 results; Adani Green soars 5%, NDTV tanks 5%

Adani Total Gas and Ambuja Cements are scheduled to announce their Q4FY23 results today. Adani Wilmar will announce its Q4FY23 numbers on May 3; Adani Enterprises on May 4; and Adani Power on May 5

Stocks to Watch Today: Adani Group, UltraTech, Auto, Sugar, ONGC, Blue Star

Stocks to Watch: On the earnings front, Ambuja Cements, Adani Total Gas, PSB, Tata Steel and Uco Bank are likely to be on investors radar on Tuesday.

Adani Green Energy net profit up 4-fold to Rs 507 cr in March quarter

Adani Green Energy on Monday posted a four-fold rise in its consolidated net profit to Rs 507 crore in the March quarter compared to the year-ago period mainly on the back of higher revenues. The consolidated net profit of the company was Rs 121 crore in the quarter ended on March 31, 2022, a BSE filing stated. Total income of the company rose to Rs 2,988 crore in the quarter from Rs 1,587 crore in the same period a year ago. The consolidated net profit of the company also increased to Rs 973 crore in 2022-23 from Rs 489 crore in the previous financial year. Total income of the company rose to Rs 8,633 crore in the 2022-23 fiscal from Rs 5,548 crore the year ago. The company also announced that the designation of Vneet S. Jaain has been changed from Managing Director & Chief Executive Officer to Managing Director effective from May 11, 2023. The sale of energy has increased by 58 per cent YoY to 14,880 mn units in FY23 primarily backed by strong capacity addition, analytics

Adani-owned NDTV profit plunges about 98% on weak advertising demand

NDTV reported a consolidated net profit of 5.9 million rupees ($72,206.58) for the quarter ended March 31, compared with 241.6 million rupees a year earlier

FPI details in Adani saga: Sebi may seek govt help on info from overseas

Sebi may exercise info-sharing rights under IOSCO, MoUs with nations