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Page 5 - Adani

Cement sector to profit from $2.2 trn infra investment by 2030: Karan Adani

The cement industry will be a "key enabler" and is expected to benefit significantly from the approximately USD 2.2 trillion in investments projected in the infrastructure sector by 2030, said ACC Chairman Karan Adani. ACC Cement, part of Adani Group's cement business, which crossed the 100 MTPA capacity milestone in April 2025, is contributing to India's growth by laying a strong, sustainable foundation for a brighter tomorrow, said Adani in the latest annual report of the company. "The infrastructure sector, vital to realising India's economic ambitions by 2030, is projected to require investments of approximately USD 2.2 trillion. As a key enabler of infrastructure growth, the cement industry stands to benefit significantly from these investments," he said while addressing the shareholders. The cement sector is set for significant expansion, and its strategic priorities are designed to leverage this potential effectively, he added. ACC is part of Ambuja Cement, which holds the .

Cement sector to profit from $2.2 trn infra investment by 2030: Karan Adani
Updated On : 10 Jun 2025 | 2:36 PM IST

Gautam Adani’s salary trails peers & Group execs: Know how much he earns

Billionaire Gautam Adani earned ₹10.41 crore in FY25, a 12% rise from last year, however, his pay remains lower than many industry leaders, and even some top executives in his own companies.

Icon YoutubeGautam Adani’s salary trails peers & Group execs: Know how much he earns
Updated On : 10 Jun 2025 | 12:43 PM IST

Adani Group firms' tax contributions rise 29% to Rs 74,945 cr in FY25

Adani Group reports ₹74,945 crore in FY25 tax contributions through its listed entities, releases global Tax Transparency Report as part of ESG commitment

Adani Group firms' tax contributions rise 29% to Rs 74,945 cr in FY25
Updated On : 05 Jun 2025 | 1:20 PM IST

Adani Group sees 29 pc rise in tax payments to Rs 75k cr in FY25

Ports-to-energy conglomerate Adani Group saw a 29 per cent rise in tax outgo across portfolio companies to nearly Rs 75,000 crore, it said on Thursday. This includes both direct and indirect taxes paid, as well as payments towards employee social security. "For fiscal year 2025 (April 2024 to March 2025 financial year), the Adani Group's total contribution to the exchequer increased by 29 per cent to Rs 74,945 crore, from Rs 58,104 crore in FY 2023-24, through its portfolio of listed entities," it said in a statement. The Rs 74,945 crore tax outgo in FY25 is roughly the cost of building the entire Mumbai Metro network - an infrastructure lifeline for millions of people. It's also nearly enough to host a modern-day Olympics. Of the total contribution of Rs 74,945 crore, direct contributions stood at Rs 28,720 crore, indirect contributions stood at Rs 45,407 crore, while other contributions added at Rs 818 crore. The conglomerate said that among its publicly listed entities, the lea

Adani Group sees 29 pc rise in tax payments to Rs 75k cr in FY25
Updated On : 05 Jun 2025 | 10:10 AM IST

Adani Airports raises $750 mn from global banks to finance expansion

Adani Airports secures $750 million via ECB to refinance debt and fund expansion across six airports as it targets tripling passenger capacity by 2040

Adani Airports raises $750 mn from global banks to finance expansion
Updated On : 04 Jun 2025 | 11:04 PM IST

Adani considers entering airport ground handling bids after Celebi's exit

Celebi operated at nine airports in India, including gateway facilities in capital New Delhi and the commercial hub of Mumbai. Its operations were halted after Turkey voiced support for Pak

Adani considers entering airport ground handling bids after Celebi's exit
Updated On : 03 Jun 2025 | 11:12 PM IST

Adani may invest ₹6K cr in cooling solutions biz, set up unit at Mundra

Adani Energy Solutions plans a Rs 5,000-6,000 crore investment in centralised cooling, setting up India's largest unit at Mundra with Cooling-as-a-Service model

Adani may invest ₹6K cr in cooling solutions biz, set up unit at Mundra
Updated On : 03 Jun 2025 | 10:00 PM IST

Adani Group stood firm amid scrutiny, now more formidable: Gautam Adani

Despite facing consecutive acquisitions and intense scrutiny, Adani Group never backed down and instead adapted its strategy, emerging more resilient, formidable and unbreakable, its chairman Gautam Adani said. The conglomerate will invest USD 15-20 billion over the next five years across businesses, he said touting its strong balance sheet and robust business growth. In January 2023, US short seller Hindenburg Research published a scathing report describing Adani Group as "the largest con in corporate history". The fallout was swift: stock prices plummeted, wiping out over USD 150 billion in market value at the lowest point, and the group's biggest public offering was abruptly scrapped. Just as the group scripted a comeback through a mix of trimming of debt, cutting back on the founder's pledged shares, bringing in both promoter and marquee investor equity, and refocusing attention on the group's core businesses, it was hit by US authorities charging Adani and his close associates

Adani Group stood firm amid scrutiny, now more formidable: Gautam Adani
Updated On : 01 Jun 2025 | 10:17 PM IST

Adani Group outlines transport network in rebuild of Mumbai's Dharavi slum

A key feature will be airport trains and check-in and transit facilities for passengers traveling to and from the Mumbai and Navi Mumbai airports

Adani Group outlines transport network in rebuild of Mumbai's Dharavi slum
Updated On : 01 Jun 2025 | 7:46 AM IST

Lokpal dismisses complaints against ex-Sebi chief Madhabi Puri Buch | Hindenburg case

In a major development, the high-profile case involving serious allegations against former Sebi chief Madhabi Puri Buch.

Icon YoutubeLokpal dismisses complaints against ex-Sebi chief Madhabi Puri Buch | Hindenburg case
Updated On : 29 May 2025 | 8:05 PM IST

'Adani Ports planning return to local debt market after 17 months hiatus'

The company is set to raise as much as Rs 5,000 crore ($583.57 million) through the sale of bonds maturing in 15 years

'Adani Ports planning return to local debt market after 17 months hiatus'
Updated On : 28 May 2025 | 1:32 PM IST

Adani Group FY25 ebitda up 8.2% at Rs 89,806 cr, infra sectors drive growth

Adani Group posted an 8.2% rise in FY25 EBITDA to ₹89,806 crore, with strong growth in core infra sectors, record capex and a marked decline in leverage metrics

Adani Group FY25 ebitda up 8.2% at Rs 89,806 cr, infra sectors drive growth
Updated On : 22 May 2025 | 1:55 PM IST

AAH severs ties with Turkey's Celebi for Mumbai, Ahmedabad airports

Adani Airport Holdings on Thursday said it has terminated the ground handling concession agreements with Turkish firm Celebi for the Mumbai and Ahmedabad airports. It also said that Celebi has been directed to immediately hand over to the company all ground handling facilities to ensure uninterrupted operations. The decision to terminate these concession agreements was taken after the Union government revoked the security clearance of the Turkish aviation firm. It said Adani Airport Holding owns and operates the Mumbai and Ahmedabad airports, as well as the Mangalore, Guwahati, Jaipur, Lucknow, and Thiruvananthapuram airports. "Following the government of India's decision to revoke Celebi's security clearance, we have terminated the ground handling concession agreements with Celebi at Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) and Ahmedabad's Sardar Vallabhbhai Patel International Airport (SVPIA). "Accordingly, Celebi has been directed to immediately hand o

AAH severs ties with Turkey's Celebi for Mumbai, Ahmedabad airports
Updated On : 16 May 2025 | 6:59 AM IST

Centre terminates services of SECI Chairman R P Gupta with immediate effect

SECI was at the heart of several controversies involving Adani, JSW & R-Power

Centre terminates services of SECI Chairman R P Gupta with immediate effect
Updated On : 12 May 2025 | 7:08 PM IST

India in 'sweet spot' amid tariff war, sees trade growth: Karan Adani

Karan Adani says US-China tariff war is boosting India's container trade, APSEZ to invest Rs 12,000 crore in FY26 and targets Vizhinjam port completion by 2028

India in 'sweet spot' amid tariff war, sees trade growth: Karan Adani
Updated On : 02 May 2025 | 7:57 PM IST

Adani Power says hopeful Bangladesh will pay all outstanding dues

Adani had halved supply last year but CFO Dilip Jha said the company has resumed full supply since as the country's monthly payments started covering some of the dues

Adani Power says hopeful Bangladesh will pay all outstanding dues
Updated On : 02 May 2025 | 3:33 PM IST

Adani's Vizhinjam port to expand capacity with launch of second phase

The Vizhinjam transshipment terminal, which began operations in July and has handled about 250 container ships so far, is forecast to attract about Rs 9,500 crore ($1.1 billion)

Adani's Vizhinjam port to expand capacity with launch of second phase
Updated On : 02 May 2025 | 9:43 AM IST

Adani Ports' profit jumps 48% in Q4FY25; cargo volume grows 8% to 118 mmt

The company posted a profit of ₹3,014.22 crore for the quarter under review, beating the Bloomberg analysts' estimate of ₹2,662.1 crore

Adani Ports' profit jumps 48% in Q4FY25; cargo volume grows 8% to 118 mmt
Updated On : 01 May 2025 | 2:43 PM IST

Airtel powers 5G service with spectrum buy from Adani Data Networks

Bought by ADN in the 2022 5G auctions, the airwaves are in the sought-after 26 GHz band

Airtel powers 5G service with spectrum buy from Adani Data Networks
Updated On : 22 Apr 2025 | 11:27 PM IST

₹10,000 cr Adani township coming up near Navi Mumbai Airport. Details

Adani Realty is planning a 1,000-acre township project near Navi Mumbai Airport, inspired by its Shantigram model

₹10,000 cr Adani township coming up near Navi Mumbai Airport. Details
Updated On : 22 Apr 2025 | 11:42 AM IST