Adani Group: News
Adani Enterprises announces ₹80,000 crore investment plan for FY25
Adani Enterprises, the principal company of the Gautam Adani-led group, has unveiled plans to invest ₹80,000 crore across its varied businesses in the current fiscal year.
Sensex closes at 73,895 points, Nifty settles below 22,450 mark
On Monday, the stock market ended on a sluggish note as the Sensex and Nifty indices traded flat.
Adani Group negotiates $600 million loan for gas subsidiary
Gautam Adani's multinational corporation, Adani Group, is reportedly in talks to secure an offshore loan of approximately $600 million.
SEBI issues show-cause notices to six Adani Group companies
The Securities and Exchange Board of India (SEBI) has issued show-cause notices to six companies of the Adani Group.
Adani Enterprises's Q4 net profit declines 38% to ₹451 crore
Gautam Adani-led Adani Enterprises has announced a significant 38% year-on-year decrease in its consolidated net profit for the fourth quarter ending March 2024.
Adani Wilmar's Q4 net profit surges 59% to ₹156 crore
Adani Wilmar, a joint venture between Adani Enterprises and Wilmar International, has reported a significant 59% increase in its standalone net profit for the quarter ending March 31, 2024.
SEBI finds 12 offshore funds violated rules in Adani transactions
The Securities and Exchange Board of India (SEBI), the nation's market regulator, has found that 12 offshore funds violated disclosure rules and exceeded investment limits in their transactions with Adani Group companies.
Adani Green in talks for $400 million offshore loan
Adani Green Energy Ltd., a subsidiary of billionaire Gautam Adani's extensive business conglomerate, is reportedly negotiating an offshore loan of approximately $400 million.
Adani Power shares skyrocket to record highs: What's fueling rally?
Adani Power's shares reached a fresh record high on April 3, marking the fourth consecutive day of gains.
Sensex ends above 74,000 mark, Nifty settles near 22,500
On Monday, the stock market had a bearish opening, but the benchmark Sensex and Nifty indices witnessed a surge.
ED summons TMC's Mahua, businessman Hiranandani in forex violation case
The Enforcement Directorate (ED) has issued fresh summons to Trinamool Congress leader and expelled Lok Sabha MP Mahua Moitra and businessman Darshan Hiranandani.
Adani Green responds to US investigation but denies involvement
Adani Green Energy has acknowledged a US investigation into possible breaches of anti-corruption laws by an unidentified 'third party.'
Sensex gains 105 points, Nifty settles above 22,050
On Monday, major indices of the stock market ended flat but in the green.
Why all Adani stocks are trading in red today
In a major setback to Adani Group, all 10 companies that are part of conglomerate have experienced a rout on stock market.
Gautam Adani, Qualcomm CEO discuss India's potential in semiconductors, AI
Gautam Adani, head of Adani Group has discussed India's possibilities in semiconductors, AI, and mobility with his counterpart at Qualcomm, Cristiano Amon.
Sensex tanks over 600 points, Nifty settles near 22,330 mark
On Monday, the benchmark Sensex and Nifty indices were on a downward trend.
Adani Group is looking to raise $1.2B through fresh bonds
The Adani Group is reportedly thinking of issuing an additional $1.2 billion worth of bonds in US dollars by June, as part of their plan to raise at least $2 billion this year.
Sensex slips 195 points, Nifty barely holds above 22,350
On Tuesday, the benchmark Sensex and Nifty indices were on a downward trend.
Adani Green to raise over $400M through dollar bonds
Adani Green Energy aims to raise $409 million through US dollar-denominated bonds, featuring an 18-year door-to-door tenor, as stated in a regulatory filing.
India's largest ammunition complex in Kanpur to create 4,000 jobs
Yogi Adityanath, the Chief Minister of Uttar Pradesh, inaugurated the Adani Ammunition Complex in Kanpur.
Adani, Uber explore partnership to launch EVs in India
The Adani Group is said to be in talks with ride-sharing giant Uber to develop a strategic partnership, focusing on electric passenger cars and incorporating Uber services into Adani One, as reported by The Economic Times.
Sensex gains over 280 points, Nifty settles above 22,120 mark
On Monday, the benchmark Sensex and Nifty indices saw gains.
One year after Hindenburg row, Adani's fortune hits $100B again
Gautam Adani's net worth has soared to $100.7 billion, rejoining the exclusive group of tycoons around the world with fortunes over $100 billion.
Sensex falls over 800 points, Nifty settles near 21,520 mark
On Tuesday, the benchmark Sensex and Nifty indices witnessed a slump.
Adani Power's Q3 net profit soars to Rs. 2,738 crore
Adani Power reported a surge in its consolidated net profit for Q3 FY24, reaching a whopping Rs. 2,737.96 crore.
Adani Group to invest Rs. 12,400 crore in Telangana
Adani Group has announced plans to invest Rs. 12,400 crore in Telangana over the next few years.
Mahua Moitra gets eviction notice, with 'use of force' warning
In a strongly-worded eviction notice, the Centre has asked Trinamool Congress leader Mahua Moitra to vacate immediately a government bungalow that was allotted to her as an MP, NDTV reported.
Sensex tanks 200 points, Nifty settles above 22,000 mark
On Tuesday, the benchmark Sensex and Nifty indices witnessed a slump after reaching a record-high in yesterday's session.
Mukesh Ambani enters $100bn club, surpasses Adani as Asia's richest
Mukesh Ambani, the Chairperson of Reliance Industries, has once again pipped Gautam Adani, the Chairperson of Adani Group, to become Asia's richest person.
Adani Group plans to list airport business in near future
Adani Airport Holdings Ltd. is preparing to go public after reaching specific milestones, said Jeet Adani, head of the conglomerate's airport division, on Wednesday.
Indian Navy gets first locally-made medium altitude, long endurance drone
India's Navy Chief, Admiral R Hari Kumar, unveiled the Drishti 10 'Starliner,' the country's first homegrown unmanned aerial vehicle (UAV) today.
Adani to invest Rs. 2L crore in Gujarat in 5yrs
Adani Group will invest Rs. 2 lakh crore in Gujarat over the next five years, said Chairperson Gautam Adani, at the Vibrant Gujarat Global Summit 2024, today.
Sensex plummets 671 points today, Nifty settles near 21,500 mark
On Monday, the benchmark Sensex and Nifty indices witnessed a slump.
Gautam Adani becomes Adani Ports's Executive Chairman following management rejig
Adani Ports and SEZ, the maritime and logistics division of the Adani Group, has revealed a major shake-up in its top leadership.
No relief for Mahua Moitra in Lok Sabha expulsion case
In a major setback for Trinamool Congress (TMC) leader Mahua Moitra, the Supreme Court (SC) on Wednesday refused to look into the expulsion of Moitra from the Lok Sabha in the cash-for-query case.
Adani Group stocks surge 3-18% following Supreme Court verdict
Adani Group stocks experienced a significant boost in intraday trade today.
Adani-Hindenburg case: SC gives clean chit to Adani, backs SEBI
In a huge victory for the Adani Group, the Supreme Court said the George Soros-led OCCRP's report cannot be used to challenge SEBI's investigation into the US-based short seller Hindenburg case.
Adani Green Energy to receive Rs. 9,350cr investment from promoters
Adani Green Energy has announced that its promoters will inject Rs. 9,350 crore into the company through preferential issuance of warrants priced at Rs. 1,480.75 each.
Ambuja Cements commits Rs. 6,000 crore for green power projects
Ambuja Cements, part of the Adani Group, has revealed plans to invest a whopping Rs. 6,000 crore in renewable energy projects, aiming for a capacity of 1,000MW.