Adani Group to supply clean energy for Google's cloud operations in India
Mumbai: Adani Group announced it will supply clean energy to power Google's cloud services and operations in India, leveraging a new solar-wind hybrid project at its 30 GW Khavda renewable energy park in Gujarat, media reports said.
Adani Enterprises merges two subsidiaries to bolster green energy initiatives
Mumbai: Adani Enterprises Ltd. (AEL) has consolidated two of its subsidiaries with Adani New Industries Ltd. (ANIL) as part of its strategy to enhance its green energy portfolio.
Adani Group clarifies it did not release any press release on 'Kenya projects'
India's Adani Group on Monday clarified it has not issued any press statement on its ongoing projects and presence in Kenya.
Ahmedabad/IBNS: Indian multinational conglomerate Adani Group has dismissed and denied "baseless allegations" regarding reports of funds being frozen in Swiss bank accounts.
New Delhi: The Adani Group has reassured Bangladesh of a continuous power supply, even though its outstanding receivables have exceeded $800 million, according to sources cited by Moneycontrol.
New Delhi/IBNS: The parliamentary Public Accounts Committee (PAC), the parliamentary watchdog for government spending, will investigate allegations against Securities and Exchange Board of India (SEBI) chief Madhabi Puri Buch and it is likely to summon her later this month, Economic Times reported, citing people in the know.
Adani Ports acquires 80% stake in global OSV operator Astro Offshore for USD 185 million
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ) is set to acquire an 80 percent stake in Astro, a global offshore service vehicle operator, in an all-cash deal for $185 million, implying an EV of $235 million and EV/FY25E EBITDA at 4.4x, said a company press release.
Gautam Adani replaces Mukesh Ambani to become India's richest person: Hurun India Rich List
New Delhi: Gautam Adani and his family have claimed the top position in the 2024 Hurun India Rich List, with a Rs 11.6 lakh crore fortune, overtaking Mukesh Ambani.
Adani Power incorporates subsidiary in UAE
Abu Dhabi/IBNS: Adani Group's subsidiary Adani Power Limited on Monday (August 27) incorporated a wholly-owned subsidiary, Adani Power Middle East Ltd. in Abu Dhabi, United Arab Emirates (UAE), the company informed the exchanges.
2.76% equity of Ambuja Cements changes hands at Rs 625.5 per share
Mumbai/IBNS: As many as 6.8 crore shares, or 2.76 percent equity, of Indian cement production major Ambuja Cements changed hands in the block deal window on Friday (August 23), reports said.
Adani Power in talks to buy Reliance Power's 600-MW thermal plant in Nagpur: Report
Ahmedabad/IBNS: Adani Power, a subsidiary of Adani Group, is in discussion to acquire the 600-MW Butibori thermal power project in Nagpur for Rs 2,000-3,000 crore, and the value of the deal could translate into Rs 4-5 crore per megawatt, Mint reported on Monday (Aug 19) citing its sources.
Adani Group pledges 51% stake in Navi Mumbai airport for Rs 12,770 cr loan: Report
Mumbai: The Adani Group-controlled Mumbai International Airport Ltd (MIAL) has pledged a 51 percent stake in the Navi Mumbai International Airport (NMIAL) to the State Bank of India (SBI), media reports said.
'Discredited short-seller, recycled claims': Adani Group on Hindenburg's new report
Mumbai: The Adani Group has dismissed the latest report from the US-based short-seller Hindenburg Research, calling it "recycled claims" that had previously been "proven baseless and dismissed by the Supreme Court." The ports-to-power conglomerate stated that the allegations were driven by personal gain, with no regard for facts or the law.
SEBI Chief rubbishes Hindenburg Report: 'Attempt at character assassination'
Mumbai: SEBI Chairman Madhabi Puri Buch and her husband Dhaval Buch have firmly dismissed the latest report from Hindenburg Research, labelling it as "baseless allegations and insinuations."
Mumbai: The US-based short-seller firm Hindenburg Research on Saturday claimed that whistleblower documents reveal Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch had an interest in the obscure offshore entities implicated in the "Adani money siphoning scandal."