Page 3 - Gautam Adani

'Our most transformative project': Gautam Adani on Dharavi redevelopment

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

Adani Group logs 7% FY25 growth, sets $20 bn capex target for 5 years

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

No one from Adani Group charged under US FCPA, says Gautam Adani at AGM

Gautam Adani dismissed allegations of US bribery and obstruction, reaffirming the group's compliance and governance standards while highlighting record-breaking growth

Adani group plans Airport unit IPO by 2027, hastens $100 billion capex

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

Gautam Adani draws ₹10.41 crore salary in FY25: Who earned more than him?

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 stocks slide on reports of US probe into Iranian LPG trade

Adani Group shares came under pressure on reports of a US probe into alleged Iranian LPG imports in violation of sanctions

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 Energy board approves $502 million fundraise via share sale

Adani companies, with interests stretching from ports to green energy, are steadily regaining investor confidence after a US indictment of the founder soured sentiment.

Adani commits $15-20 billion annual capex over the next five years

Gautam Adani pledges $15-20 billion in yearly investments over five years, asserting global governance standards as US probes Adani Green's compliance

Adani Energy Solutions bags ₹1,600 cr transmission project in Maharashtra

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

Adani eyes DPIL stake to tighten vendor control, boost infra capex plans

Adani Group is in talks to acquire a stake in Diamond Power Infra Ltd as part of a strategy to tighten vendor control and support its ₹1.45 trillion capex push; deal likely in 60 days

Reliance to invest ₹75,000 cr, Adani Group ₹50,000 cr in Northeast region

At the Rising Northeast Investors Summit, Mukesh Ambani and Gautam Adani announced major investments focusing on energy, infrastructure, jobs, and AI-driven growth across the Northeast region

Adani Cement hits 100 MT capacity; Gautam Adani hails record pace

The business tycoon further said that Adani Cement is now one of the most efficient cement manufacturers on the planet

Adani Green, ATGL cross 100-DMA after 7 mths; trading guide in Adani stocks

Shares of Adani Group can rally up to 20% from present levels, as key stocks - Adani Ports, Adani Green and Adani Total Gas crossed their key moving averages after a long-gap, technical charts show.

Adani team in talks with Trump admin to drop $265 million US bribery case

US SEC accused Gautam Adani, his nephew Sagar Adani, and other executives of securities fraud, wire fraud, obstruction of justice, and violations of the Foreign Corrupt Practices Act

Sebi accuses Adani's nephew in insider trading case, settlement talks on

Settlement terms were being discussed, said the source with direct knowledge of the matter, who declined to be named as the matter is confidential

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 group's settlement pleas delayed by Sebi's review of processes

The review could take three months after which the Adani pleas will be taken up under new processes, said the second source, with direct knowledge of the matter

Ambani rejoins $100 billion club as Reliance, Jio rally; Adani lags behind

Mukesh Ambani gains $20 billion amid market rally; Adani rises $10 billion but remains 57% below his June 2024 peak, Forbes data shows

US indictment: Independent review finds no irregularities, says Adani Green

Adani Green Energy has said an independent review of its regulatory compliances related to an alleged breach that led to the indictment of founder chairman Gautam Adani and two company executives in a US court, did not find irregularities or non-compliances on the issue. In November last year, US authorities charged Adani, his nephew and executive director Sagar Adani and managing director Vneet S Jaain for being involved in an alleged scheme to pay bribes to Indian government officials to win solar energy contracts, and concealed the plan as they sought to raise money from US investors. In its FY25 earning announcement, Adani Green Energy - the firm at the heart of allegation of USD 265 million bribes allegedly being paid to Indian officials to secure solar power sale contracts that could bring in USD 2 billion of profits over 20 year period to the firm - said its holding company has not been named as a defendant in the indictment and civil complaint and the matter was pending for .