We stood firm in face of adversity, Gautam Adani at AGM on Hindenburg storm of past year
New Delhi/IBNS: Reacting to the attack by foreign shot-seller Hindenburg, Adani Enterprises Chairman Gautam Adani on Monday said the company fought to defend its integrity and reputation and came out stronger.
Adani Enterprises promoters raise stake to 73.95% in the company
Mumbai: Gautam Adani and the promoter group of Adani Enterprises have acquired over two percent of the company's stake from the open market between September 2023 and June 2024, as reported in a stock exchange filing on June 14.
Gautam Adani replaces Mukesh Ambani as Asia's richest man on Bloomberg Billionaires Index
Mumbai: Billionaire Gautam Adani has reclaimed the title of Asia’s richest person from Reliance Industries Chairman Mukesh Ambani, according to the Bloomberg Billionaires Index.
Paytm, Adani Group quash report claiming Gautam Adani stake talks with Vijay Shekhar Sharma
New Delhi/IBNS: Both Adani Group and Paytm on Wednesday dismissed recent media reports claiming Gautam Adani was likely in talks with Vijay Shekhar Sharma, the founder chairman and managing director of Paytm's parent company One97 Communications, to acquire stake in the Indian fintech major.
Adani Enterprises to raise Rs 16,600 cr via QIP route
Mumbai: The board of Adani Enterprises has approved a plan to raise Rs 16,600 crore through the Qualified Institutional Placement (QIP) route, as announced in an exchange filing on Tuesday.
6 Adani Group companies get show-cause notices from SEBI
Mumbai: Six Adani Group companies have informed the stock exchanges about receiving show-cause notices from the Securities and Exchange Board of India (SEBI) for alleged violations related to party transactions, listing rules non-compliance, and auditor certificate validity in previous instances, media reports said.
Adani Green Energy secures USD 400 million from international banks for 750 MW power projects
Ahmedabad: Adani Group company Adani Green Energy Ltd (AGEL) on Thursday announced USD 400 million financing for its under-construction 750 MW solar projects in Rajasthan and Gujarat by a consortium of five leading international banks.
Mahindra Group enters hybrid renewable energy sector with Rs 1,200 cr investment
Mumbai: The Mahindra Group announced its entry into the hybrid renewable energy sector with a Rs 1,200 investment in a solar and wind project, a stock exchange filing said on Monday.
Mumbai: Indian billionaires increased their presence in the 2024 Forbes list of the World’s Billionaires to 200 from 169 last year. Leading the list is Mukesh Ambani, whose net worth surged to $116 billion from $83 billion, establishing him as the first Asian to enter the $100 billion club. Ambani maintained his status as the ninth wealthiest individual globally and continues to hold the title of India’s and Asia’s richest person.
Ambani, Adani collaborate as Reliance buys 26% stake in Adani Power project
Mumbai: In a first-ever collaboration between competing billionaires, Reliance Industries, led by Mukesh Ambani, has acquired a 26 percent stake in a Madhya Pradesh power project belonging to Gautam Adani.
Adani Group to invest $1.22 billion to build largest copper manufacturing plant in Gujarat's Mundra
Vadodara: Billionaire Gautam Adani-led ports-to-power conglomerate Adani Group is constructing the world's largest copper manufacturing plant in Mundra, Gujarat at an investment of $1.2 billion, media reports said.
Adani Enterprises Q3FY24 net profit more than doubles to Rs 1888 cr
Mumbai: Adani Enterprises Ltd. reported a massive surge in net profit in the quarter ended December 2023 profit, more than doubling 2.3 times to Rs 1888.4 crore, driven by the success of its newer business ventures.
Adani Group chairman Gautam Adani has said that his conglomerate has "emerged stronger" as he reflected on the Hindenburg episode.
Davos: Adani Group to invest Rs 12,400 cr in Telangana; MoUs signed at World Economic Forum 2024
Davos (Switzerland): The Adani Group and the Telangana government today signed four memorandums of understanding (MoU) for investment of over Rs 12,400 crore, at the World Economic Forum 2024.
Mukesh Ambani, Gautam Adani and Tatas line up fresh investments in Gujarat
Ahmedabad/UNI: Remaining highly bullish on India's growth story, top business leaders Mukesh Ambani, Gautam Adani and N Chandrasekaran committed more investments in Gujarat on Wednesday to further grow their presence in the coastal state.