Tag: Adani Group

Gautam Adani agrees to $18 million penalty in U.S. bribery case

May 15, 2026 admin

Gautam Adani agrees to million penalty in U.S. bribery case

The November 2024 indictment in New York accused Gautam Adani and multiple subordinates of deliberately misleading international investors as part of a vast bribery scheme | Photo Credit: Reuters Billionaire industrialist Gautam Adani has agreed to pay a multi-million-dollar settlement in a U.S. civil court case linked to corruption without admitting guilt, his company said…

Business

Adani Enterprises Says No Disclosure Required On US Regulator Report

January 24, 2026 admin

Adani Enterprises on Friday responded to queries raised by BSE Limited and NSE following a Bloomberg report titled “US regulator seeking measures to serve Gautam, Sagar Adani legal summons,” stating it is not a party to the legal proceedings and that the matter does not trigger any disclosure requirements under India’s listing regulations. Adani Enterprises said it…

Business

SBI MF to take at least 10% of Adani Group’s biggest rupee bond issue, bankers say

January 21, 2026 admin

SBI’s ‍mutual fund unit has committed to pick up at least 10% of Adani Power’s nearly $820 million rupee-denominated bond ‌issue. File | Photo Credit: Reuters State Bank of India’s ‍mutual fund unit has committed to pick up at least 10% of Adani Power’s nearly $820 million rupee-denominated bond ‌issue, likely to be launched later…

Business

Adani Portfolio Delivers Highest Ever Trailing Twelve-Month EBITDA Of Rs 86,789 Crore

February 20, 2025 admin

Ahmedabad: The Adani Group, India’s largest infrastructure player, has announced its financial performance for Q3FY25 along with trailing-twelve-month (TTM) EBITDA, reported a record-breaking TTM EBITDA of Rs 86,789 crore, reflecting a year-on-year (YoY) growth of 10.1 per cent. According to a media release by Adani group, the company has outlined its plans for a high…

Nation

What It Means For Adani Group

February 11, 2025 admin

New Delhi: US President Donald Trump has ordered a pause in the enforcement of a nearly half-century-old law that was used to go after the Adani Group under the previous Biden administration. The Foreign Corrupt Practices Act (FCPA) bans firms and people with US ties from offering money or gifts to foreign officials to secure…

Nation

Adani Group Commits Rs 2.3 Lakh Crore Investment In Odisha

January 28, 2025 admin

New Delhi: Adani Group on Tuesday committed to investing Rs 2.3 lakh crore over the next five years across power, cement, industrial parks, aluminium and city gas expansion in Odisha. According to a statement by the group, the investment commitment was made during Utkarsh Odisha 2025 – the state’s investor meeting. Karan Adani, Managing Director…

Nation

Gautam Adani Meets Israeli Envoy, Discusses India-Israel Collaboration

January 21, 2025 admin

New Delhi: The Adani Group Chairman, Gautam Adani, on Monday met the Israeli Ambassador to India, Reuven Azar, and his wife Rachel Azar along with other officials, and discussed India-Israel collaboration. In a post on X social media platform, Gautam Adani said the company remains committed to continuing to invest and expand its partnership with…

Nation

Need To Fix Accountability For Hindenburg “Hit Job”: Mahesh Jethmalani To NDTV

January 16, 2025 admin

New Delhi: Senior lawyer Mahesh Jethmalani has punctured US short seller Hindenburg Research’s chief Nate Anderson over his announcement that he would wind up the firm. Mr Anderson said the work took a toll on him as it was “rather intense and at times all-encompassing”. Hindenburg targeted the Adani Group in a case that is…

Nation

US-Based Short Seller Hindenburg Research, Which Targeted Adani Group, To Be Disbanded

January 16, 2025 admin

Hindenburg Research, the US-based short seller that had targeted several business entities including the Adani Group, is going to be disbanded, founder Nate Anderson has said. “I have made the decision to disband Hindenburg Research. The plan has been to wind up after we finished the pipeline of ideas we were working on,” he said…

World

Gautam Adani announces ₹65,000 crore investment in energy, cement projects in Chhattisgarh

January 12, 2025 admin

Gautam Adani also assured the state government of a ₹10,000 crore impetus over the next four years to support initiatives in education, healthcare, skill development and tourism under the Corporate Social Responsibility (CSR). | Photo Credit: X/@ChhattisgarhCMO “Industrialist Gautam Adani on Sunday (January 12, 2025) called on Chhattisgarh Chief Minister Vishnu Deo Sai and announced an…

Business