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In the biggest single-day fall in four years, benchmark stock indices Sensex and Nifty plunged by nearly 6 per cent on Tuesday as vote counting trends showed the BJP may not have a clear majority in the Lok Sabha polls. Reversing its Monday’s sharp gains of over 3 per cent, the 30-share BSE Sensex nosedived…
Logo of the Adani Group installed at a roundabout on the ring road in Ahmedabad, Gujarat. FILE | Photo Credit: REUTERS Shares of all Adani Group companies tumbled on Tuesday as the initial trend showed BJP winning a lesser number of seats than predicted in exit polls. The stock of Adani Ports plummeted 20 per…
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Adani Group is on an expansion spree and eyeing USD 90 billion capex over the next decade. New Delhi: Adani group saw a 55 per cent profit surge in the fiscal year ended March 2024 as the apples-to-airport conglomerate is back on an expansion spree and eyeing a USD 90 billion capex over the next…
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Adani Group is building the world’s largest Hybrid Renewable Energy Park with 30 GW capacity. New Delhi: Hiroshi Suzuki, Ambassador of Japan to India and Bhutan, indicated that Japan is looking forward to working with Adani Group after meeting Gautam Adani, chairman of Adani Group on May 29. The ambassador took to social media platform…
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Worth $3.7 trillion in 2023, India is the world’s fifth largest economy. New Delhi: India is poised to become a 21st-century economic powerhouse, offering an alternative to China for investors looking for growth and for reducing supply chain risks with Prime Minister Narendra Modi and industrialists Gautam Adani and Mukesh Ambani playing a fundamental role…
APSEZ plans to develop a 25-meter deep port that can accommodate Panamax vessels (Representational) New Delhi: Adani Group firm APSEZ is eyeing the Philippines’ Bataan province to develop a port, a statement issued by the office of the president of the Philippines said. APSEZ Managing Director Karan Adani met the Philippines President Ferdinand R Marcos…
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A logo of the Adani Group | Photo Credit: Reuters India’s markets regulator found a dozen offshore funds invested in Adani Group companies were in violation of disclosure rules and in breach of investment limits, two people with direct knowledge of the matter said on April 22. They declined to be named as they not…
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The logo of the Adani group on an office in Ahmedabad. Representational image | Photo Credit: Reuters Adani Green Energy Ltd on Wednesday said it has commissioned 2,000 MW of solar capacity at the giant Khavda solar park in Gujarat that has made it the first company in India with over 10,000 MW of renewable…
Prosecutors are digging into whether an Adani entity or people linked to the company, including Mr. Adani, were involved in paying officials in India for favourable treatment. File. | Photo Credit: The Hindu The United States has widened its investigation of Adani Group to focus on the conduct of its founder, Gautam Adani, and whether…
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Adani Group Chairman Gautam Adani recalled his long journey as an entrepreneur at an event Mumbai: Adani Group Chairman Gautam Adani at an event in Mumbai recalled his long journey as an entrepreneur and shared lessons learned from challenges that he faced along the way. Mr Adani said he worked for four years in the…
Read More “Gautam Adani On 5 Principles Of Success, And Challenges He Faced” »