News Muncher - category group adani

11 hours, 13 minutes ago

Adani Realty in talks to takeover Emaar India to boost realty biz

Mumbai: Adani Group is in advanced talks with Dubai-based developer Emaar Group to acquire a majority stake in its Indian business for ₹4,000-5,000 crore, two people aware of the matter said. In 2016, Emaar's Indian joint venture Emaar MGF Land Ltd split into two entities, with Emaar India Ltd and MGF Developments Ltd holding 60.11% and 39.89% stakes in their …

Real Estate Delhi Mumbai Properties Realty Crore Estate

Adani Group to raise ₹7,148 crore from Adani Wilmar stake sale

The Hindu

The Adani Group will raise ₹7,148 crore from sale of up to 20% stake in FMCG firm Adani Wilmar in the open market as part of its strategy to exit non-core activities to focus on infrastructure business. The conglomerate, which last month announced its exit from Adani Wilmar by selling the bulk of its stake to a joint venture partner, …

Crore Group Adani Stake Wilmar

3 weeks, 2 days ago

Adani group to acquire 85.8 per cent stake in Air Works for enterprise value of Rs 400 crore

India TV News

Adani Defence Systems and Technologies Limited, a wholly owned subsidiary of Adani Enterprises, on Monday, said that it will acquire an 85.8 per cent stake in Air Works, India’s largest private-sector maintenance, repair, and overhaul company, for an enterprise value of Rs 400 crore. "Adani Defence Systems & Technologies Ltd has signed a share purchase agreement to acquire 85.8 per …

India Aviation Defence Indian Air Adani Works

Billionaire blues for Ambani, Adani as networth slips below $100 billion

India Today

'What goes up, must come down', for Mukesh Ambani and Gautam Adani, this couldn’t ring truer at this point of time. Mukesh Ambani and Gautam Adani, who head Reliance Industries and the Adani Group respectively, are facing challenges that have impacted their fortunes and the performance of their companies. MUKESH AMBANI’S WEALTH DROPS BELOW $100 BILLION Mukesh Ambani’s net worth, …

Wealth Billion Group Gautam Adani Adani Net Reliance

1 month, 2 weeks ago

APCC chief YS Sharmila Reddy demands probe into Adani deal

New Indian Express

VIJAYAWADA: APCC chief YS Sharmila Reddy on Wednesday complained to Governor S Abdul Nazeer against former Chief Minister YS Jagan Mohan Reddy and Adani Group, and sought an in-depth probe into the bribery allegations pertaining to the Power Purchase Agreement. Later speaking to mediapersons, the APCC chief said the deal with Adani Group would hurt the State for the next …

State Sharmila

1 month, 2 weeks ago

Stock market today: Nifty 50, Sensex close higher on rebound in Adani stocks; smallcaps outperform

Live Mint

Indian Stock Market: Indian benchmark indices experienced significant volatility in today’s session, November 27, as a rebound in Adani Group stocks was offset by weak performances from index heavyweights, leading to wide fluctuations throughout the day. Adani Group stocks surge after clarification on bribery charges All 11 Adani Group stocks closed higher in Wednesday's session following a clarification issued by …

Stocks Market Indian Stock Group Electric Ola

Mukul Rohatgi, Mahesh Jethmalani defend Gautam Adani, Sagar Adani over US bribery charges, slam Opposition

Hindustan Times

The Adani Group on Wednesday strongly denied allegations of bribery and violations of the US Foreign Corrupt Practices Act against its chairman Gautam Adani, his nephew Sagar Adani, and key executive Vneet Jaain in a case filed by the US Department of Justice. The company clarified that its chairman Gautam Adani, Sagar Adani, and Vneet Jaain have not been charged …

India Indian Allegations Group Gautam Adani Adani Indictment

1 month, 3 weeks ago

Adani firm downplays Kenya scrapping $736 million power deal: No material impact

India Today

Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock exchange rules as it was within its ordinary course of business. "Further, the Company hereby submits that there is no material impact of the Media Report on the operations of the Company," …

Kenya Adani

US bribery charges linked to only one contract, comprises 10% of business: Adani Group CFO

Live Mint

A US bribery indictment of billionaire industrialist Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10 per cent of its business, and no other firms in the conglomerate are accused of wrongdoing, said the conglomerate's chief financial officer on Saturday, November 23. Adani Group CFO defends conglomerate against bribery charges CFO Jugeshinder Singh …

Singh Group Cfo Adani One Contract

1 month, 3 weeks ago

US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men

Associated Press

NEW DELHI — Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. On Friday, shares in some of the Adani Group’s companies began ticking back up after they plunged a day earlier following the announcement of the charges in New York. The …

Business India Energy Trump Renewable Energy Indian Men

1 month, 3 weeks ago

YSRC Denies Direct Agreement Between AP Discoms and Adani Group

Deccan Chronicle

Vijayawada: The YSRC has denied allegations of a direct agreement between Andhra Pradesh Discoms and the Adani Group following claims of bribery involving government officials to secure power, as reported in an indictment by the US Department of Justice. In a statement issued on Thursday, the YSRC clarified that it received an offer from the Solar Energy Corporation of India …

Seci Ysrc Denies

1 month, 3 weeks ago

After U.S. indictment, Adani Group will face greater pressure in Bangladesh over power deal, says expert

The Hindu

Indictment of Gautam Adani and several top officials of the Adani conglomerate in the U.S. may become a factor in future negotiations between the Adani Group and the interim government in Bangladesh, energy experts in Dhaka have said. But after the U.S. indictment, that space of dialogue may shrink as the group is likely to face greater pressure from Bangladesh …

India Energy Bangladesh Hasina Dhaka Adani Hossein

1 month, 3 weeks ago

Adani group tried to enter Delhi's power sector but Kejriwal stopped them: AAP's Sanjay Singh

The Hindu

The Adani group tried to enter Delhi's power sector but was stopped by then Chief Minister Arvind Kejriwal, AAP Rajya Sabha MP Sanjay Singh claimed Thursday and stressed the need for accountability after industrialist Gautam Adani was charged in the U.S. for alleged bribery and fraud. In a press conference, Mr. Singh claimed that Adani Green Energy secured power supply …

Delhi Singh Group Adani Kejriwal

1 month, 3 weeks ago

Adani stocks tumble after US indictment, combined mcap dips by Rs 2.45 lakh crore

Firstpost

The combined market capitalisation of all the ten listed Adani group firms eroded by Rs 2,45,016.51 crore during Thursday morning deals after Gautam Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay $250 million bribe to Indian officials in exchange for favourable terms for solar power contracts Adani group stocks faced heavy …

Energy Indian Group Sec Cent Gautam Adani Adani

1 month, 3 weeks ago

India’s Adani Group sees $22 billion in value wiped off after US indictments

Live Mint

-Shares of Adani Group companies lost about $22 billion in market value in early trade on Thursday after U.S. prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme. Gautam Adani's flagship company Adani Enterprises fell 10%, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC, …

India Indian Billion Adani

4 months ago

Hindenburg Report: Adani Group Denies Allegations, Watch Big Updates Of The Hour Only On ABP News

ABP News

In a significant development related to the ongoing scrutiny of the Adani Group following the Hindenburg Research report, Swiss authorities have taken a major step by freezing over $310 million in funds connected to the conglomerate. This action comes amidst an extensive investigation into the financial activities of the Adani Group, which has been under the spotlight since Hindenburg's allegations …

Financial Group Adani Hindenburg Swiss Authorities

4 months ago

Adani Group Denies Hindenburg Allegations, Claims All Accusations are False | ABP News

ABP News

In a significant development related to the ongoing scrutiny of the Adani Group following the Hindenburg Research report, Swiss authorities have taken a major step by freezing over $310 million in funds connected to the conglomerate. This action comes amidst an extensive investigation into the financial activities of the Adani Group, which has been under the spotlight since Hindenburg's allegations …

Financial Group Adani Hindenburg Swiss Authorities

4 months, 4 weeks ago

Adani Power's Godda Plant Gets Green Light To Supply Indian Market Amid Bangladesh Unrest

ABP News

Adani Power’s 1,600 MW coal-fired Godda power plant in Jharkhand, previously dedicated to supplying electricity exclusively to Bangladesh, can now divert output to India, following a significant amendment to the country's power export rules, according to a report by Reuters. An internal memo from India's federal power ministry, dated August 12 and seen by the news agency, revises 2018 guidelines …

India Power Adani Bangladesh Unrest Godda Plant

5 months, 4 weeks ago

Adani Group, Wilmar exploring to sell $670 million stake in JV: Report

Hindustan Times

Gautam Adani and Wilmar International Ltd. are in early talks with banks to sell a minority stake in their consumer joint venture Adani Wilmar Ltd, Bloomberg reported citing people in the know. This will help the company abide by shareholding regulations, the report added as the owners are exploring selling equal stakes that may total 13% in Mumbai-listed Adani Wilmar. …

Report Adani Stake Wilmar Exploring

6 months, 1 week ago

Adani Group case: Hindenburg Research gets show cause notice from SEBI, US firm terms it 'nonsense'

India TV News

Adani-Hindenburg row: Hindenburg Research, the US-based short-seller, said it received a show-cause notice from India’s capital market regulator Securities and Exchange Board of India in the Adani Group case. The US firm said the show cause notice does resolve some questions: "Did Hindenburg work with dozens of firms to short Adani, making hundreds of millions of dollars? Adani-Hindenburg row Hindenburg …

India Research Market Indian Allegations Show Cause Notice Stock

7 months, 1 week ago

Adani Group shares tumble; Adani Ports plunges 20 pc

The Hindu

Shares of all Adani Group companies tumbled on Tuesday as the initial trend showed BJP winning a lesser number of seats than predicted in exit polls. The stock of Adani Ports plummeted 20 per cent, Adani Energy Solutions plunged 19.80 per cent, Adani Power slumped 19.76 per cent, Ambuja Cements tumbled 19.20 per cent and the group's flagship firm Adani …

Bjp Group Cent Nda Adani

7 months, 1 week ago

Gautam Adani replaces Mukesh Ambani as richest Asian

Hindustan Times

Billionaire Gautam Adani has once again surpassed Reliance Industries head Mukesh Ambani to become the richest person in Asia after a surge in stock price of the listed companies in his conglomerate, according to Bloomberg Billionaires Index. Reliance Industries head Mukesh Ambani and Gautam Adani As per the index, Adani is now ranked as the 11th richest in the world …

Reliance Industries Billion Group Gautam Adani Adani Mukesh Ambani Richest

9 months, 4 weeks ago

Adani Group to invest ₹1.2 lakh crore in FY 2024-25 through 11 companies

Op India

Adani Group plans to invest USD 14 billion in 2024-25 financial year through its portfolio of 11 listed companies, in developing the country’s infrastructure, according to sources. India’s largest infrastructure conglomerate with showcase projects like Navi Mumbai Airport, Ganga Expressway, world’s largest renewable park at Khavda and Mundra Port has committed a USD 100 billion investment over the next 7-10 …

India Invest

1 year, 1 month ago

India building world’s largest renewable energy project in salt deserts bordering Pakistan

Live Mint

Rising from the bare expanse of the large salt desert that separates India from Pakistan is what will likely be the world's largest renewable energy project when completed three years from now. “There are people working here from all over India,” said KSRK Verma, Khavda project head for Adani Green Energy Limited, the renewable energy arm of the Adani Group, …

Clean Energy Renewable Energy Indian Wind Projects Solar Group

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Articles for Group Adani

Adani Realty in talks to takeover Emaar India to boost realty biz

Adani Group to raise ₹7,148 crore from Adani Wilmar stake sale

Adani group to acquire 85.8 per cent stake in Air Works for enterprise value of Rs 400 crore

Billionaire blues for Ambani, Adani as networth slips below $100 billion

APCC chief YS Sharmila Reddy demands probe into Adani deal

Stock market today: Nifty 50, Sensex close higher on rebound in Adani stocks; smallcaps outperform

Mukul Rohatgi, Mahesh Jethmalani defend Gautam Adani, Sagar Adani over US bribery charges, slam Opposition

Adani firm downplays Kenya scrapping $736 million power deal: No material impact

US bribery charges linked to only one contract, comprises 10% of business: Adani Group CFO

US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men

YSRC Denies Direct Agreement Between AP Discoms and Adani Group

After U.S. indictment, Adani Group will face greater pressure in Bangladesh over power deal, says expert

Adani group tried to enter Delhi's power sector but Kejriwal stopped them: AAP's Sanjay Singh

Adani stocks tumble after US indictment, combined mcap dips by Rs 2.45 lakh crore

India’s Adani Group sees $22 billion in value wiped off after US indictments

Hindenburg Report: Adani Group Denies Allegations, Watch Big Updates Of The Hour Only On ABP News

Adani Group Denies Hindenburg Allegations, Claims All Accusations are False | ABP News

Adani Power's Godda Plant Gets Green Light To Supply Indian Market Amid Bangladesh Unrest

Adani Group, Wilmar exploring to sell $670 million stake in JV: Report

Adani Group case: Hindenburg Research gets show cause notice from SEBI, US firm terms it 'nonsense'

Adani Group shares tumble; Adani Ports plunges 20 pc

Gautam Adani replaces Mukesh Ambani as richest Asian

Adani Group to invest ₹1.2 lakh crore in FY 2024-25 through 11 companies

India building world’s largest renewable energy project in salt deserts bordering Pakistan