Adani, who is among the wealthiest Indians with projects like Dharavi and Motilal Nagar redevelopments in the financial capital, is set to be the wealthiest realty sector individual in 5 yrs
Gautam Adani's wealth from the realty business has declined 7 per cent to Rs 52,320 crore in the year to June 2025, making the billionaire the third wealthiest in the sector, a report said on Thursday. Adani, who is among the wealthiest Indians with projects like Dharavi and Motilal Nagar redevelopments in the financial capital, is also set to be the wealthiest realty sector individual in the next five years, officials from Hurun Research and Grohe said, citing informal discussions. At present, DLF's Rajiv Singh is the wealthiest on the Grohe-Hurun India Real Estate 150 list with a fortune of Rs 1.27 lakh crore and is followed by BJP leader and Maharashtra minister Mangal Prabhat Lodha with a Rs 92,340 crore wealth. "Adani is very ambitious. Their ambition is to take over from DLF to be at the top in the next five years," Hurun India's chief researcher and founder Anas Rahman Junaid told reporters. Grohe's leader for India Priya Rustogi also concurred. Adani Realty, which is ...
Adani Enterprises shares fell 4 per cent it reported a 50 per cent drop in its net profit during the current financial year
A tribunal has allowed GMR and Adani Airport to include non-aero revenue in tariff model, boosting earnings at Delhi and Mumbai airports; flyers and airlines may face higher charges as a result
Starting with Mumbai and Ahmedabad, group to build 1,000-bed hospitals designed by US-based Mayo Clinic
With a cash payout of ₹3,500 crore, the Adani Group is leading the race to acquire Jaiprakash Associates. The offer also includes retaining ₹890 crore within the company after its acquisition
The fund raising comes as the government plans to increase the share of natural gas in the energy mix to 15 per cent by 2030, from 6 per cent at present
For investors opting for quarterly payouts, the coupon will be 8.85 per cent on three-year and 9.00 per cent on five-year notes, they added
India has evacuated 292 more nationals from Iran, taking the total to 2,200. Meanwhile, 268 Indians have also been brought back from Israel amid rising tensions in the middle east.
Adani Green, the group's renewable company, aims to achieve 50 GW (gigawatt) of capacity and thermal power producer Adani Power 31 GW
Calling it a social mission, Gautam Adani said the Dharavi project will replace cramped lanes with homes, hospitals, schools, and green spaces for 1 million people
As the Adani Group posts record highs across power, ports, airports, and cement, Gautam Adani announces a $20 billion annual capex push to drive India's infra, energy, and green transition goals
Gautam Adani dismissed allegations of US bribery and obstruction, reaffirming the group's compliance and governance standards while highlighting record-breaking growth
The ports-to-power conglomerate has doubled the pace of its capital spending plan and now intends to plow $100 billion in five to six years instead of spreading it out over a decade
Billionaire Gautam Adani drew a salary of ₹10.41 crore in FY25, an increase of 12% from the previous year, but remains behind several peers and group executives in remuneration
Adani Group shares came under pressure on reports of a US probe into alleged Iranian LPG imports in violation of sanctions
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 companies, with interests stretching from ports to green energy, are steadily regaining investor confidence after a US indictment of the founder soured sentiment.
Gautam Adani pledges $15-20 billion in yearly investments over five years, asserting global governance standards as US probes Adani Green's compliance
The project will evacuate 1.5 GW of green power from Raigad and boost AESL's network capacity to over 93,000 MVA and 26,000 circuit kilometres