Gautam Adani: News

08 Jul 2024

Adani Group

Adani Group plans $9 billion investment in green hydrogen infrastructure

Adani Group is planning a massive $9 billion investment in manufacturing and transportation infrastructure for its green hydrogen venture in Kutch, Gujarat.

02 Jul 2024

Adani Group

SEBI issues show-cause notice to Hindenburg Research in Adani case

US-based short-seller, Hindenburg Research, has been served a show-cause notice by the Securities & Exchange Board of India (SEBI), the country's capital market regulator.

25 Jun 2024

Adani Group

Adani announces ₹1.3 lakh crore investment in group companies

The Adani Group has disclosed plans to invest approximately ₹1.3 lakh crore across its portfolio companies in the current fiscal year, as part of a $100 billion investment strategy over the next 7-10 years.

24 Jun 2024

Adani Group

'Two-sided attack': Gautam Adani addresses Hindenburg controversy at AGM 2024

Gautam Adani, Chairman of the Adani Group, addressed the controversial Hindenburg incident at the conglomerate's 32nd annual general meeting.

23 Jun 2024

Mukesh Ambani

Gautam Adani's FY24 salary lower than his own top executives

Gautam Adani, a leading Indian industrialist, earned a total salary of ₹9.26 crore in the fiscal year ending March 31, 2024.

31 May 2024

Adani Group

Paytm shares hit upper circuit for third consecutive day

One97 Communications, the parent company of Paytm, saw its shares surge to a 5% upper circuit for the third straight session on Friday morning.

29 May 2024

Adani Group

Adani Group increases ownership in Adani Enterprises and Adani Green

The Adani Group, under the leadership of Gautam Adani, has increased its stakes in Adani Enterprises and Adani Green Energy.

29 May 2024

Adani Group

Gautam Adani discusses Paytm stake purchase with Vijay Shekhar Sharma

Gautam Adani, chairman of the Adani Group, is in talks with Vijay Shekhar Sharma, founder and CEO of Paytm, to acquire a stake in One 97 Communications, the parent company of Paytm.

28 May 2024

Adani Group

Adani Enterprises board approves ₹16,600 crore fundraising plan

Billionaire Gautam Adani-led Adani Enterprises has announced a significant fundraising plan, approved by its board of directors.

28 May 2024

Abu Dhabi

Adani Enterprises board convenes to discuss fundraising plans

Adani Enterprises, led by billionaire Gautam Adani, has announced a board meeting today to discuss potential fundraising options.

24 May 2024

Adani Group

Adani Enterprises stock recovers from $30bn losses following Hindenburg report

Adani Enterprises Ltd, the principal company of Adani Group, has successfully recouped over $30 billion in losses.

23 May 2024

Wipro

Adani Enterprises set to replace Wipro in BSE Sensex

Adani Enterprises is poised to replace Wipro in the BSE Sensex, as per a note from IIFL Alternative Research.

12 May 2024

Adani Group

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.

06 May 2024

Adani Group

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.

03 May 2024

Business

Adani Green's Q4 profit plummets 70% to ₹150 crore

Gautam Adani's Adani Green Energy has reported a significant 70% year-on-year (YoY) decrease in its consolidated net profit for the quarter ending March 2024, falling to ₹150 crore.

03 May 2024

Adani Group

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.

02 May 2024

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.

01 May 2024

Adani Group

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.

01 May 2024

Business

Ambuja Cements's Q4 profit soars 64% to ₹1,055 crore

Ambuja Cements, owned by Gautam Adani, has reported a significant 64% increase in its consolidated net profit for the March quarter, amounting to ₹1,055 crore.

09 Apr 2024

Adani Group

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.

18 Mar 2024

Adani Group

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.

11 Mar 2024

Adani Group

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.

26 Feb 2024

Adani Group

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.

Adani-Hindenburg case: Review petition filed against Supreme Court's clean chit

A review petition has challenged the Supreme Court's decision to support the Securities and Exchange Board of India (SEBI) investigation into the Adani-Hindenburg case.

08 Feb 2024

Adani Group

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.

21 Jan 2024

Narendra Modi

Ram Mandir construction in-charge shares post-Pran Pratishtha plans

The Ram Mandir in Ayodhya, Uttar Pradesh, is set to hold the Pran Pratishtha (consecration) ceremony of Lord Ram Lalla's idol on Monday in the presence of over 7,000 guests, including politicians, religious leaders, and celebrities.

11 Jan 2024

Mukesh Ambani

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.

10 Jan 2024

Narendra Modi

India to become developed nation in 25 years: PM Modi

Prime Minister Narendra Modi on Wednesday said that India will become a developed nation in the next 25 years.

10 Jan 2024

Gujarat

Vibrant Gujarat Global Summit 2024: Key investments announced today

The 10th edition of the Vibrant Gujarat Global Summit 2024 kicked off in Gandhinagar earlier today.

10 Jan 2024

Adani Group

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.

05 Jan 2024

Mukesh Ambani

Gautam Adani once again becomes India's richest person

Gautam Adani, the Chairperson of the Adani Group, has surpassed Mukesh Ambani, the Chairperson of Reliance Industries, to reclaim the title of India's richest person.

03 Jan 2024

Adani Group

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.

Richest 500 people rebound with $1.5 trillion gain in 2023

The world's 500 wealthiest individuals saw their combined net worth skyrocket by $1.5 trillion in 2023, according to the Bloomberg Billionaires Index.

26 Dec 2023

Adani Group

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.

11 Dec 2023

Adani Group

Adani Green to raise $410mn via bond issuance: Here's why

Adani Green Energy Ltd. is set to raise around $410 million (approximately Rs. 3,420 crore) through a new bond issuance, as reported in a Singapore stock exchange filing.

04 Dec 2023

Adani Group

Gautam Adani's fortune grows by $5.6B in just 6 days

Gautam Adani's net worth has increased by $5.6 billion since Tuesday as Adani Group's stocks rallied after the conclusion of hearings in a case involving allegations of corporate wrongdoing against the conglomerate

24 Nov 2023

Adani Group

SEBI assures SC of timely conclusion of Adani Group's investigation

The Securities and Exchange Board of India (SEBI) has assured the Supreme Court that it will not request an extension to finish its investigation into billionaire Gautam Adani's group concerning the Hindenburg report.

India's GDP crosses $4 trillion mark: Reports

India has made its way into the top four nations globally in terms of gross domestic product (GDP) after crossing the $4 trillion mark on Sunday, according to reports.

19 Nov 2023

Rahul Gandhi

Rajasthan election: RaGa accuses PM Modi of working for Adani

Congress leader Rahul Gandhi launched a scathing attack on Prime Minister Narendra Modi on Sunday for allegedly working "round-the-clock" to benefit business magnate Gautam Adani.

Government seeks to restart probe into Adani's coal imports case

The Directorate of Revenue Intelligence (DRI) has asked the Supreme Court to restart an investigation into the Adani Group for alleged overvaluation of coal imports.

US pours $553mn into Sri Lankan port to counter China

The US International Development Finance Corporation (DFC) has committed $553 million (about Rs. 4,603.4 crore) to finance a port terminal in Colombo, Sri Lanka, which is being developed by Gautam Adani.

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