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Sumaila Zaman January 1, 2025 9:21 AM IST
In a blow to the Adani Group, the DMK-led Tamil Nadu government has decided to cancel its global tender for the procurement of smart meters.
Anirudha Yerunkar December 31, 2024 8:21 AM IST
This is the first major transaction conducted by Gautam Adani led firm after US federal prosecutors in November filed an indictment against group executives over a USD 265 million bribery.
Abhijeet Sen December 23, 2024 5:22 PM IST
Gautam Adani's Adani Group has acquired Air Works, a company which has built significant capabilities in defence MRO, executing projects for key platforms of Indian Navy and Indian Air Force.
Victor Dasgupta December 22, 2024 9:07 AM IST
In addition, the Adani Group will invest Rs 2,100 crore to manufacture and install over 28 lakh smart meters in cities such as Siwan, Gopalganj, Vaishali, Saran, and Samastipur.
Vikas Mehta December 20, 2024 4:02 PM IST
Peace said in a statement that it was an honour for him to serve the United States as Attorney. Peace is a native of Brooklyn. As per the statement, Peace will be replaced as the head of the Brooklyn office by First Assistant US Attorney Carolyn Pokorny.
Anirudha Yerunkar December 20, 2024 2:25 PM IST
One of richest persons in India, Gautam Adani's conglomerate is gearing up for a major expansion in Bihar, with plans to invest Rs 20,000 crore in establishing a supercritical thermal power plant.
Anirudha Yerunkar December 18, 2024 9:33 AM IST
This development highlights Gautam Adani's strategic initiatives to bolster the group's capabilities in India's growing energy market.
Analiza Pathak December 14, 2024 7:33 AM IST
The Adani Group is also expanding rapidly in green energy. It has already established a massive project in Gujarat, the Adani Green Energy Park, with a power generation capacity of 30 GW.
Anirudha Yerunkar December 10, 2024 1:35 PM IST
Reliance Industries remained the most valuable firm in terms of firm wise MCAP, followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, Infosys, State Bank of India, LIC, ITC, and Hindustan Unilever.
Anirudha Yerunkar December 10, 2024 9:46 AM IST
With this massive investment, the Adani Group is redefining Rajasthan's industrial and energy landscape, contributing significantly to India's green energy ambitions and regional development.
Abhijeet Sen December 5, 2024 4:18 PM IST
French newspaper 'Mediapart' has revealed about the ties of OCCRP with the US government and certain vested stakeholders.
ANI November 30, 2024 10:40 PM IST
Speaking at the 51st India Gem and Jewellery Awards in Jaipur, the Adani Group Chairman said, "Less than two weeks back, we faced a set of allegations from the US about compliance practices at Adani Green Energy. This is not the first time we have faced such challenges. What I can tell you is that every attack makes us stronger, and every obstacle becomes a stepping stone for a more resilient Adani Group."
PTI November 28, 2024 7:12 AM IST
Shares of Adani Wilmar rallied 8.46 per cent, Adani Ports surged 6.29 per cent, Sanghi Industries (4.73 per cent), Ambuja Cements (4.40 per cent) and ACC (4.16 per cent).
Joy Pillai November 26, 2024 4:56 PM IST
After bribery charges by U.S. authorities, rating agency Moody's downgraded the ratings of seven Adani Group companies, including
Abhijeet Sen November 25, 2024 10:59 AM IST
The statement, issued by Chief Adviser Muhammad Yunus's office, said the committee was currently reviewing major energy and power projects of Adani group.
Victor Dasgupta November 24, 2024 7:01 AM IST
According to the reports, the summons were delivered to their respective residences in Ahmedabad - Gautam Adani's Shantivan Farm and Sagar Adani's Bodakdev home.
Sumaila Zaman November 23, 2024 11:08 AM IST
Gautam Adani has recently been charged by US prosecutors for allegedly being part of an elaborate scheme to pay USD 265 million (about Rs 2,200 crore) bribe to Indian officials in exchange for the favourable terms for solar power contracts.
Gazi Abbas Shahid November 21, 2024 11:22 PM IST
The setback for Adani Group Chairman, Gautam Adani, comes following his indictment by US prosecutors this week on on charges he duped investors in a massive solar energy project in India by concealing that it was facilitated by an alleged bribery scheme.
Victor Dasgupta November 21, 2024 12:51 PM IST
It is now pretty clear and established in America that Mr Adani has broken both Indian law and American laws, says Rahul Gandhi
Victor Dasgupta November 21, 2024 6:45 AM IST
The Adani Group did not immediately respond to requests for comment outside business hours in India, where the charges were announced early Thursday morning.
Anirudha Yerunkar November 20, 2024 9:15 AM IST
Sagar Adani's bold investment plan underlines the Adani Group's commitment to transforming India's energy landscape.
Anirudha Yerunkar November 14, 2024 10:25 AM IST
The Adani Group's efforts align with global sustainability goals, aiming to balance energy security with a transition towards renewable sources.
Gazi Abbas Shahid November 8, 2024 7:04 PM IST
Earlier this month, Gautam Adani-led Adani Power, which exports power to Dhaka, Bangladesh from its dedicated 1,600 megawatt (MW) Godda plant in Jharkhand, had reduced supply to 700 MW-750 MW from around 1,400-1,500 MW in early August.
Gazi Abbas Shahid November 7, 2024 4:37 PM IST
Gautam Adani, the 62-year-old Chairman of the Adani Group, is one of the richest individuals in the world, with a real-time net worth of $76.3 billion, according to Forbes.
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