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Shares of Adani Enterprises went up by 4%, Adani Wilmar (3.23%), ACC (3%) and Ambuja Cements (2.71%) on the BSE. | Photo Credit: Reuters Shares of nine of the ten Adani group firms climbed on the bourses in morning trade on Monday (November 25, 2024), with Adani Energy Solutions surging nearly 7%, in-tandem with a…
Read More “Nine Adani group firms climb in early trade; NDTV shares goes lower by 2%” »
The Adani Group said that these are mere allegations and must be seen only as that. New Delhi: The Adani Group said today that the US government report is linked to one contract of Adani Green Energy, representing approximately 10 per cent of the subsidiary’s business. None of the Adani Group’s 11 public companies is…
Kenyan President William Ruto said on Thursday (November 21, 2024) that he had ordered the cancellation of a procurement process expected to hand control of the country’s main airport to the Adani Group | Photo Credit: Reuters Kenya’s President said on Thursday (November 21, 2024) that he has cancelled multimillion-dollar airport expansion and energy deals…
Read More “Kenya cancels airport and energy deals with Adani group after U.S. indicts the tycoon” »
Gautam Adani. Files | Photo Credit: Reuters The U.S. Department of Justice (DoJ) has issued a five-count criminal indictment of Gautam Adani, chairman of the Adani Group, and several of his business associates. The charges include promising more than $250 million in bribes to Indian government officials to secure solar energy contracts, conspiracies to commit…
Read More “Gautam Adani faces five-count criminal indictment in U.S. for bribery, security fraud” »
Gautam Adani. Files | Photo Credit: Reuters The U.S. Department of Justice (DoJ) has issued a five-count criminal indictment of Gautam Adani, chairman of the Adani Group, and several of his business associates. The charges include promising more than $250 million in bribes to Indian government officials to secure solar energy contracts, conspiracies to commit…
Adani Group Chairman Gautam Adani. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty tumbled in early trade on Thursday (November 21, 2024) amid sharp fall in Adani group stocks and unabated foreign fund outflows. Weak trends from Asian peers also drove the markets lower during the initial trade. The BSE benchmark Sensex tumbled 468.17 points…
Read More “Stock Market Today: Sensex, Nifty tumble in early trade; Adani group stocks crack” »
Adani Group Chairperson Gautam Adani. File photo | Photo Credit: PTI Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world’s richest people, has been indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme, according to U.S. prosecutors. Authorities said Mr. Adani and seven…
Read More “Gautam Adani indicted in U.S. with bribery; bond deal pulled” »
Adani Group Chairman Gautam Adani. File | Photo Credit: AP The U.S. Securities and Exchange Commission (SEC) has charged billionaire Gautam Adani, founder and chairman of the Adani Group, with allegedly defrauding American investors and bribing officials. Mr. Adani (62) and his nephew Sagar Adani (30), executives of Adani Green Energy Limited, and Cyril Cabanes,…
The Adani Group-owned Mundra Port in Mundra in January 2024. | Photo Credit: AFP Billionaire Gautam Adani on Wednesday (November 13, 2024) committed to investing $10 billion in energy and infrastructure projects in the United States. “Congratulations to @realDonaldTrump,” he posted on X. “As the partnership between India and the United States deepens, the Adani…
Read More “Adani commits $10 billion in U.S. energy, infra projects” »
Adani Group Chairman Gautam Adani said the group will invest $10 billion in the US New Delhi: Adani Group Chairman Gautam Adani today said the Group will invest $10 billion in US energy security and infrastructure projects, aiming to create up to 15,000 jobs in America. Acknowledging the deepening partnership between India and the US,…
Read More “Gautam Adani Commits $10 Billion To Energy, Resilient Infra Projects In US” »