April 27, 2024 06:18 (IST)
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6.1 magnitude earthquake hits Taiwan, no immediate damages reported | Arjuna awardee CRPF officer found guilty of sexual harassment charges, faces dismissal | Opposition's dreams shattered: PM Modi on Supreme Court's VVPAT verdict | Supreme Court rejects plea seeking 100 pct votes verification on EVMs, rules out returning to ballot papers | Voting concludes in 88 constituencies with 61% turnout by 5 pm

Adani Group commences full load power supply to Bangladesh from its thermal power project in Jharkhand's Godda

Dhaka/Ahmedabad: Adani Group Chairman Gautam Adani called on Bangladesh Prime Minister Sheikh Hasina in Dhaka on Saturday following the full load commencement of power supply to Bangladesh from the Group’s Ultra Super-Critical Thermal Power Plant (USCTPP) in Jharkhand’s Godda.

Gautam Adani considering bidding for Anil Ambani's coal-fired power plants under auction: Report

New Delhi: Billionaire Gautam Adani is contemplating a bid for the coal-fired power plants owned by Anil Ambani, who is facing financial difficulties, Bloomberg reported.

Promoters sell shares of Adani Enterprises, Goldman Sachs GQG buys shares in Adani Green Energy: Report

Mumbai: Goldman Sachs GQG and other foreign investors have made significant investments in Adani Green Energy and Adani Enterprises, according to recent reports.

Adani Group in talks for major debt refinancing first time after Hindenburg report

Mumbai: The Adani Group is engaged in discussions with lenders, including global banks, to refinance a loan facility of up to $3.8 billion that was obtained for the acquisition of Ambuja Cements Ltd. last year, Bloomberg reported.

Odisha train mishap: Gautam Adani takes responsibility to educate children orphaned in the accident

New Delhi: Gautam Adani on Sunday announced that the Adani Group would assume the responsibility of providing education for children who tragically lost their parents in the Odisha triple train accident.

Hindenburg-Adani issue: Expert panel submits report to SC in sealed cover

New Delhi: The six-member expert committee, formed by the Supreme Court to investigate the allegations levelled by US short-seller Hindenburg Research against Gautam Adani’s ports to power conglomerate Adani Group, has submitted its report to the top court in a sealed cover recently.

Adani Enterprise Q4FY23 net profit more than doubles riding on strong performance of key coal business

Mumbai: Gautam Adani led Adani Group’s flagship firm Adani Enterprises Ltd said on Thursday that its quarterly profit more than doubled, riding on a strong performance from its key coal trading division, Reuters reported.

Adani Group prepays $200 million part of debt used to acquire Holcim's India units: Report

Mumbai: Adani Cement Industries Ltd. has made a pre-payment of $200 million in the last week to reduce its $1 billion mezzanine loan that it had taken from global banks to finance the acquisition of Holcim Ltd.'s Indian units, Bloomberg reported citing sources.

Adani JV in talks with banks for first credit in dollars since Hindenburg report: Report

Mumbai: Adani Group is in talks with at least half a dozen banks for a loan of about $220 million, its first since the negative by US-based short-seller Hindenburg Research last January, Bloomberg reported.

Jeff Bezos lost more wealth than Gautam Adani and Mukesh Ambani in last one year

Mumbai/IBNS: Jeff Bezos, the founder of e-commerce giant Amazon, lost more wealth in dollar terms in the last one year than Indian billionaires Mukesh Ambani and Gautam Adani combined, according to the 2023 M3M Hurun Global Rich List.

Adani Group prepays Rs 73.74 billion share-backed financing: Report

Adani Group on Tuesday said that it has prepaid share-backed financing worth Rs 73.74 billion ($901.16 million) as part of its promoters’ commitment to cut down overall leverage backed by shares of the group's listed companies, Reuters reported.

Adani Enterprises removed from NSE's short-term additional surveillance framework

Mumbai/IBNS: Adani Enterprises, the flagship company of the Adani conglomerate that deals with ports and power, has been taken off the National Stock Exchange's (NSE) short-term additional surveillance framework, media reports said on Monday.

'Hindenburg Research no Good Samaritan; made money out of middle-class investors': Senior lawyer Harish Salve

New Delhi: Prominent lawyer Harish Salve has called for a detailed probe into US short-seller Hindenburg Research’s negative report on Adani Group that caused market turbulence last month as conglomerate's listed stocks lost billions of dollars in a short span.

'Allegations don't necessarily equate to truth': Ex-Aussie PM Tony Abbott on Hindenburg's negative report on Adani

Former Australian PM Tony Abbott has rubbished the allegations of grave irregularities against Adani Group by US-based short seller Hindenburg Research and said it is "easy to make allegations, but just because something has been alleged, doesn't make it true."

'Truth will prevail': Gautam Adani welcomes SC's order in Hindenburg issue

Mumbai/IBNS: Business tycoon Gautam Adani has welcomed the Supreme Court’s order to form a panel to probe the accusations of business malpractices by US short-seller Hindenburg Research on Adani Group companies.