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New Delhi: The Adani Group on Saturday clarified on reports of Kenya cancelling more than $2.5 billion in deals after the US’ allegations, saying it had not entered into any binding agreement to operate Kenya’s main airport. On the pact it had signed last month to build and operate key electricity transmission lines in Kenya…
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Sundra, 54, received Rs 1.50 lakh from her SHG to invest in farming equipment New Delhi: ACC, the cement and building material company of the diversified Adani Portfolio, along with the Adani Foundation, is enabling rural entrepreneurship across Gudur Gram Panchayat near ACC Tikaria. Along with the Adani Foundation, the Company has set up 12…
Read More “How Adani Foundation At ACC Tikaria Empowered Rural Entrepreneurs Of Gudur” »
New Delhi: The BJP today slammed Congress leader Rahul Gandhi for raising questions on the integrity of Indian stock markets based on the latest allegations by US-based short seller Hindenburg. “The Leader of Opposition is now openly inciting and seeding doubt about the genuineness of the Indian stock markets. This blatant attempt to undermine…
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New Delhi: Industrialists, political leaders and investors have crticised US short seller Hindenburg Research over its latest allegations targetting the chairperson of market regulator SEBI and Adani Group. The Group has denied any commercial relation with SEBI’s chairperson Madhabi Puri Buch. A section of political leaders have also accused the Congress of being behind Hindenburg’s…
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In January 2023, Hindenburg published a report accusing the Adani Group of financial irregularities, leading to a significant drop in the company’s stock price. File. | Photo Credit: VIJAY SONEJI Rejecting the fresh allegation levied by the Hindenburg Research, the Adani Group described the the U.S.-based short seller’s report as “a recycling of discredited claims…
Congress leader Jairam Ramesh. File | Photo Credit: The Hindu The Congress on June 15 said it is the government’s responsibility to ensure that competition among corporates is not stifled, oligopolies or monopolies do not emerge and corporate takeovers are free and fair. “It is also the government’s responsibility to ensure that undue advantage arising…
The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad. File | Photo Credit: Reuters Adani group saw a 55% profit surge in the fiscal year ended March 2024 as the apples-to-airport conglomerate is back on an expansion spree and eyeing a $90 billion capex…
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Adani Group will invest about ₹2.3 lakh crore through 2030 in India’s most ambitious renewable energy expansion and solar and wind manufacturing capacity addition ever as it shrugs off a short-seller attack to pursue its trademark rapid growth plans. Adani Green Energy Ltd, India’s largest renewable energy company, will invest about ₹1.5 lakh crore in…
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Billionaire Gautam Adani-led group on March 28 announced the start of the first phase of the world’s largest single-location copper manufacturing plant at Mundra in Gujarat, which will help cut India’s dependence on imports and aid energy transition. Kutch Copper, a subsidiary of group’s flagship firm Adani Enterprises Ltd, “commissioned the first phase” of $1.2…
Read More “Adani starts $1.2 billion copper plant; to boost India’s metal production” »
The Adani Group will invest about ₹75,000 crore in Madhya Pradesh, including ₹5,000 crore in building the Mahakal Expressway between Ujjain and Bhopal, Pranav Adani, its Managing Director (Agro, Oil and Gas) and Director of Adani Enterprises, said on Friday. Mr. Adani made the announcement on the first day of a two-day investor summit, Invest…
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