Adani Group plans to invest Rs 7 trillion in infra projects over next 10 yrs: Report
Mumbai: Billionaire Gautam Adani-led ports-to-green energy conglomerate Adani Group is looking to invest Rs 7 trillion ($84.00 billion) in infrastructure projects over the next ten years, reported Reuters Chief Financial Officer Jugeshinder Singh on Friday.
Adani Group-backed NDTV board approves commencement of activities of NDTV Profit
Mumbai: The board of Adani Group-backed New Delhi Television Tuesday announced the approval to resume the activities for the NDTV Profit channel from December 8, 2023, the company disclosed in a stock exchange filing.
Adani-Hindenburg case: SC withholds judgment, indicates it would give directions to SEBI
New Delhi: The Supreme Court on Friday withheld its decision on the Adani-Hindenburg row, and Chief Justice of India (CJI) DY Chandrachud suggested that directives may be issued to the Securities and Exchange Board of India (SEBI) as part of the resolution, Moneycontrol reported.
US invests $553 million in Adani port in Sri Lanka amid growing Chinese influence
Colombo: U.S. International Development Finance Corporation (DFC) has announced a funding of $553 million in Colombo West International Terminal Pvt. Ltd. (CWIT) – a consortium of India's largest port operator Adani Ports and SEZ Ltd., Sri Lanka's leading enterprise John Keells Holdings (JKH) and the Sri Lanka Ports Authority.
Adani Enterprises profit falls 51% YoY in Q2FY24 to Rs 228 cr
Mumbai: Gautam Adani-led Adani Group’s flagship company Adani Enterprises Ltd on Thursday reported a 50.57% year-on-year (YoY) decline in consolidated net profit at Rs 227.80 crore for the quarter ended September 2023.
Abu Dhabi's International Holding Company increases stake in Adani Enterprises by 5%
Mumbai: After divesting its shares in two Adani Group firms, Abu Dhabi's International Holding Company (IHC) announced on Tuesday that it has increased its stake in the group's primary entity, Adani Enterprises Ltd, to over 5 percent, reported Moneycontrol.
Ambuja Cements incorporates three wholly-owned subsidiaries to bolster aircraft, cement business
Mumbai: Adani Group company Ambuja Cements Ltd informed the stock exchanges on Friday that it has acquired three wholly-owned subsidiary companies namely, Lotis IFSC Private Ltd, Ambuja Concrete North Private Ltd and Ambuja Concrete West Private Limited in order to carry business in aircraft and cement sectors, media reports said.
Total Energies to invest $300 million in 50:50 JV deal with Adani Green arm
Mumbai: French energy major TotalEnergies SE has signed a definitive termsheet with Adani Green Energy Twenty Three Limited (AGE23L), Moneycontrol reported.
TotalEnergies to invest in Adani Green Energy's renewable energy projects
Mumbai: TotalEnergies SE is reportedly in discussions to invest in renewable energy ventures developed by Adani Green Energy Ltd, Bloomberg reported.
Adani Group in talks to refinance debt 3.5 billion debt, Asia's biggest loan this year: Report
Mumbai: Adani Group is in talks with banks to refinance $3.8 billion worth of debt taken for the acquisition of Ambuja Cement Ltd, making it the biggest loan in Asia this year, Bloomberg reported.
Adani Group stocks surge as market pays no heed to OCCRP's allegations of malpractice
Mumbai: A day after Gautam Adani-led Adani Group strongly rejected the fresh allegations of stock manipulation by the Organised Crime and Corruption Reporting Project (OCCRP), its shares recovered from intra-day lows to trade in the green, apparently reflecting the minimal impact of the charges on investors.
Mumbai: Gautam Adani-led Adani Group has strongly rejected the fresh allegations of stock manipulation by the Organised Crime and Corruption Reporting Project (OCCRP).
Adani group EBITDA jumps 42 pc in Q1
New Delhi: On the back of robust performance in infrastructure and utility segments, Adani Group has reported 42% year-on-year rise in its pre-tax profit at Rs 23,532 crore for April-June period (Q1) of financial year 2023-24.
Adani Group appoints MSKA & Associates as new auditor for Adani Ports and Special Economic Zone
Ahmedabad: The Adani Group has appointed accounting firm MSKA & Associates as the new auditor for Adani Ports and Special Economic Zone (APSEZ), replacing Deloitte. The group said on Saturday that it found the reasons given by Deloitte for resigning as the company's auditor to be "unconvincing", according to media reports.
Adani Enterprises Q1FY24 PAT soars 44% YoY to Rs 674 cr
Mumbai: Adani Enterprises on Thursday reported its financial results for the quarter ending in June 2023, revealing a consolidated net profit of Rs 674 crore, an increase of 44 percent compared to the net profit of Rs 469 crore reported in the previous fiscal year.