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Adani to invest Rs 1.3 lakh crore in FY25 across its companies

Renewable energy firm Adani Green will complete 6-7 GW project, while the solar wafer manufacturing…

PTI   


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Adani family infuses ₹6,661 crore in Ambuja Cements, increases stake to 66.7%

The Adani family, the promoter of Ambuja Cements, on Thursday announced an infusion of Rs 6,661 cr…

PTI   


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Commercial operations at Navi Mumbai Int'l Airport to commence by Mar 31, 2025: Scindia

Commercial operations at the Navi Mumbai International Airport will commence by March 31, 2025, Uni…

PTI   


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Adani group’s refinancing needs are relatively low in near term: Jefferies

The Jefferies equity research report on the Adani group states that the conglomerate has a consolid…

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Some of Adani Group's debt funded capex projects are discretionary, can be deferred: ICRA

Credit rating agency ICRA Ltd on Wednesday said the large debt funded capex programme of Adani Grou…

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Indian economy to outpace world average growth in 2023 – Can it duck global headwinds?

Capex revival and increased infrastructure spending by the government are likely to be among the ke…

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Adani Group’s Ambuja Cements acquires Sanghi Industries at an enterprise value of ₹5,000 crore

After a long pause due to the Hindenburg effect, the Adani Group is back on its expansion path via …

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3 mins read

Adani-Hindenburg saga timeline: The trouble, the fall and the turnaround

Adani Group announced that it made a full prepayment of margin-linked share-backed financing and de…

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ACC falls 1.4% after acquiring Asian Concretes & Cements for ₹775 crore

Adani group controlled ACC acquired the remaining 55% stake in Asian Concretes and Cements (ACCPL) …

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Adani group’s marketcap rises by over ₹2 lakh crore in four days

Adani group stocks rallied in the first half of trading on Friday after US-based investment firm GQ…

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6 mins read

Adani group stocks gain for the second consecutive day, adding over ₹78,000 crore to combined market cap in two days

All the nine Adani group companies gained for the second consecutive day, adding ₹33,634 crore to t…

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3 mins read

India on the cusp of the post-Covid capex boom, say analysts

The much-awaited capex cycle recovery could finally be around the corner. Analysts say factors like…

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4 mins read

Adani group sells stake in four companies to GQG Partners for ₹15,446 crore

The embattled Adani Group has sold minority stakes in four of its listed companies to US-based GQG …

PTI   


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Sensex closes 900 points higher led by rally in Adani group stocks & banks

India’s benchmark indices Sensex and Nifty50 gained from positive cues in global markets. The Sense…

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Adani Group stocks rout continues, ₹37,856 crore market cap wiped out on Friday

The rout in Adani Group stocks continued on Friday, with a ₹37,856 crore decline in market capitali…

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Adani’s stock rout can impact its ability to raise capital or refinance debt, says Moody’s

The rapid decline in the market capitalization of the Adani Group companies is likely to have an ad…

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3 mins read

Hindenburg Effect: Last 9 days wipe out gains clocked by Adani Group in 2022

Gautam Adani's fortunes have taken a nosedive since the Hindenburg Research report alleging stock m…

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6 mins read

Adani group stocks continue to plummet – lose ₹31,534 crore in market capitalisation on Monday

Adani group stocks continued to be under intense selling pressure on Monday. The group’s market cap…

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Adani Group-owned Ambuja Cements, ACC clarify their shares not pledged by promoters

"The Promoters have only provided non-disposal undertaking and accordingly, there is no requirement…

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Gautam Adani drops out of top 10 richest people list: Just $2.2 bn ahead of Mukesh Ambani

Gautam Adani is now the 11th richest person in the world, as his ranking dropped seven positions in…