Gautam Adani

Andhra CM Naidu reviews ongoing infra projects with Gautam Adani

Andhra Pradesh Chief Minister N Chandrababu Naidu met Adani Group Chairman Gautam Adani and Adani Ports & SEZ Ltd Managing Director Karan Adani to review ongoing infrastructure projects and discuss new investment opportunities in the state. The chief minister noted that the meeting focused on major developments planned in Amaravati and the potential to accelerate growth through collaborative initiatives. "It was a pleasure to meet Gautam Adani and Karan Adani as we reviewed key infrastructure projects and explored emerging opportunities for Andhra Pradesh," Naidu said in a post on 'X' late Wednesday. IT Minister Nara Lokesh said he, along with the CM, held discussions with the Adani Group leadership on the progress of existing projects. "We discussed Adani Group's ongoing infrastructure projects in Andhra Pradesh and the upcoming new investments planned for the state's future growth," said Lokesh in a post on 'X'.

Adani's copper smelter running far below capacity amid global ore shortage

Kutch Copper Ltd., which began processing metal in June after multiple delays, has brought in less than a 10th of the raw material required, according to customs data

Adani announces entry into Battery Energy Storage with 1,126 MW project

The project, being developed with lithium-ion battery technology, is in the advanced stages of deployment at Khavda in Gujarat

Adani Group plans to build India's largest battery storage system

The project will support grid stability and the supply of renewable power, making Khavda the largest combined renewable and storage park in the world

India stands at intersection of clean energy and AI, says Gautam Adani

He said the goal is to make India the world's most sustainable intelligence hub

Adani Enterprises to raise up to ₹25,000 crore through rights issue

Adani Enterprises will raise ₹25,000 crore through a partly paid-up rights issue to strengthen its balance sheet and fund its next phase of growth across airports, energy, and digital infrastructure

US SEC lawsuit against Adani alleging fraud paused amid govt shutdown

A US government shutdown has furloughed SEC staff and delayed filings in the civil securities lawsuit against Gautam Adani, even as related criminal proceedings continue

Gautam Adani unveils 'Two-Track Organisation' for AI-driven transformation

Speaking at the "Second Shantilal Adani Lecture Series" on Tuesday, Adani emphasised that "ambition without financial discipline is just theory"

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 describes Navi Mumbai airport as lotus, gateway to India's future

Business tycoon Gautam Adani on Wednesday likened his group's just-opened international airport in Navi Mumbai to a 'lotus', which will act as a powerful economic multiplier and prove to be a gateway to India's future. Writing on LinkedIn soon after the inauguration of the Navi Mumbai International Airport (NMIAL) by Prime Minister Narendra Modi, he called the event a landmark moment in India's infrastructure and nation-building journey. Describing the airport as "a testament to India's visionary leadership and the power of public-private partnership", Adani emphasised the project's rapid execution - completed in under 50 months with an investment of Rs 20,000 crore - as a symbol of the country's ambition and dynamism. Strategically linked to Mumbai's transport network, NMIAL will work alongside the existing Chhatrapati Shivaji Maharaj International Airport to ease congestion and stimulate economic growth in the region. The airport is expected to generate over 200,000 jobs and drive

Gautam Adani, son pay homage at Zubeen Garg's Guwahati residence

Leading industrialist Gautam Adani and his son Jeet paid a visit to deceased singer-composer Zubeen Garg's house in Assam's Guwahati on Sunday, and paid homage to the state's cultural icon. Adani and his son spent around half-an-hour at Garg's residence in Kahilipara area here, and met his wife Garima Saikia Garg, an official told PTI. The businessman reached the area around 9 pm along with several senior officials of the Adani Group, and paid floral tributes. "Gautam Adani and his son Jeet came to offer their condolences to the icon of Assam. They sat with Garima for some time and expressed grief over the untimely demise of the singer," the official said. Garg died in Singapore on September 19 while swimming in the sea.

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

'Time to accelerate': Adani outlines priorities after Sebi case closure

Days after receiving a clean chit from SEBI over the Hindenburg allegations, billionaire Gautam Adani said his ports-to-energy group will now shift toward accelerating innovation, improving transparency, and building for long-term impact. "Today, a cloud that had hung over us for more than two years has been lifted," Adani said in an internal message to staff, seen by PTI. "SEBI's comprehensive investigation has concluded by rejecting all allegations contained in the Hindenburg report from January 2023." The January 2023 Hindenburg report accused the group of accounting irregularities, stock price manipulation, and the use of opaque offshore entities - allegations that triggered a selloff across Adani's listed companies and erased more than USD 150 billion in market capitalisation at one point. Adani Group repeatedly denied the allegations made by Hindenburg, which has since disbanded. The Securities and Exchange Board of India (SEBI) last week dismissed some of Hindenburg's claims

Adani's regulatory challenges not over as other Sebi probes continue

While there's nothing to indicate whether the conglomerate will face any fines or regulatory censure on pending matters, it means that there'll likely be more Sebi orders on the Adani Group

Court quashes order for taking down articles against Adani enterprises

A Delhi court has set aside an order asking four journalists to take down alleged defamatory content against Adani Enterprises Limited (AEL), saying the effect of removal of the articles by an ad interim ex parte order was "sweeping" and it had the "effect of decreeing the suit itself without a trial". In the September 18 order, which was made available on Friday morning, the court said, "I find that the case is fit for stay of the impugned order dated September 6 since extensive directions have been passed by the trial court without hearing the appellants." Acting on AEL's defamation complaint, a civil judge directed 10 defendants, including the four journalists, to take down the contentious material, like articles and social media posts, already published on various platforms, including websites, within a stipulated period. District judge Ashish Aggarwal heard the challenge to the civil judge's decision and held that unless appellants were heard, the civil court couldn't have ...

Sebi gives Adani group clean chit, dismisses Hindenburg allegations

Sebi closed proceedings against the Adani group, Gautam Adani and associates, dismissing Hindenburg's charges of fund diversion, RPT violations and fraud raised in 2023

Adani bid to end bribery case stalls amid volatile US-India relations

Progress Adani's representatives had been making with American officials has faltered in recent months as the US and India have clashed on several issues

₹6,000-cr hydropower deal lifts Adani Power stock 6% today; details here

Adani Power's share price was trading 4.6 per cent higher at ₹637.8 per share compared to previous session's close of ₹609.7 on the NSE

Vedanta outbids Adani to buy bankrupt JAL with ₹17,000 crore offer

The bid, with a net present value (NPV) of ₹12,505 crore, is the highest recovery plan placed so far for the debt-laden company, the people said