Adani Group

Business News

Adani Group Announces INR 30,000 Crore Investment to Transform Kerala’s Infrastructure

Having already invested INR 5,000 crore in Vizhinjam, the company plans an additional infusion of INR 20,000 crore, positioning it as the largest transshipment port in the region.

By Entrepreneur Staff

Business News

Adani Plans To Invest $10 billion in US; A Step Towards His Green Energy Promise?

By Entrepreneur Staff

Business News

Ambuja Cements Reports 9% Volume Growth and INR 7,516 Crore Revenue in Q2 FY25

By Entrepreneur Staff

Business News

Adani Green Subsidiaries to Raise Up to $1 Billion Through Dollar Bonds

By Entrepreneur Staff

Business News

Adani Ports and SEZ Acquires 80% Stake in Astro For $185 Million

APSEZ enters into a definitive agreement to acquire 80 per cent stake in Astro Offshore group (Astro) in an all-cash deal for $185 million, implying an estimated value of $235 million

By Entrepreneur Staff

Business News

BHEL in Agreement With Adani Power For Orders Worth INR 11,000 Crore

BHEL secures orders from Adani Power worth INR 11,000 crore with supply of projects to be completed in 49 months (Kawai Phase-II), 52 months (Kawai Phase-III) and 55 months (Mahan Phase-III)

By Entrepreneur Staff

Business News

Adani Looking to Build Ships at the Group’s Flagship Port, Mundra in Gujarat; Largest in the Country

Adani group is eyeing a potential market for ship-building in their Mundra port in Gujarat

Business News

Adani Group to Invest INR 1.3 Trillion in FY25; Plans to Invest $100 Billion in Next 10 Years

The Adani Group is gearing up for a significant expansion in FY25, with plans to invest INR 1.3 trillion across its diverse portfolio with side plans to raise $3 billion in equity.

Business News

Digital Initiatives Shaping the Future of Construction Industry

Ambuja Cements Limited and ACC Limited, of Adani Cement, unveil their commitment towards a series of visionary digital initiatives with operational excellence, customer-centric solutions and cutting-edge digital initiatives.

Business News

Adani Group Acquires Penna Cement

Ambuja Cement enters into a binding agreement to acquire 100 per cent stake in Penna Cement Industries Ltd, moving towards its target capacity of 140 million tonnes per annum (MTPA) by 2028.

Business News

Adani Group Aims To Be India’s Largest Cement Manufacturer With $3 Billion Acquisition: Report

Adani Group is eyeing a potential $3 billion cement acquisition in lieu of recent boom in the infrastructure sector by the government.

Business News

Adani TotalEnergies E-Mobility To Set Up EV Chargers At New MG Dealership

A digital platform will be launched to facilitate a seamless customer experience, covering discovery, user authentication, charging, and billing settlement through a dedicated mobile application.

By Paromita Gupta

Business News

Ambuja Cements Acquires Sanghi Industries For INR 5000 Crore

As per the company, the acquisition of SIL will help ACL to strengthen its market leadership and increase its cement capacity to 73.6 MTPA from the current 67.5 MTPA

By Teena Jose

Business News

Adani Group’s $1.1 Billion Copper Project To Begin Operations From March 2024

Kutch Copper Ltd (KCL), a subsidiary of the group's flagship Adani Enterprises Ltd (AEL), is setting up a greenfield copper refinery project for the production of refined copper with 1 million tonnes per annum in two phases

By Teena Jose

Business News

AdaniConneX Seals Data Center Financing Deal In India With $213 Million

The tied-up facility will finance two data centers with an aggregate capacity of 67 MW that includes 'Chennai 1' campus with Phase 1 of 17 MW and Noida campus of 50 MW

By Teena Jose

Business News

Adani Group Promoters To Prepay $1.1 Billion Loan

With the repayment of such amount, the shares of Adani listed company shall be released in due course, said a company statement

By Shrabona Ghosh

Business News

SBI Granted Loans Worth INR 21,000 Crore To Adani Groups, Half Of What Allowed Under Rules: Report

The report also claimed that more than INR 1600 crore of the amount was granted to Adani Group through SBI's overseas units

By Teena Jose

Business News

Why Adani Enterprises Withdrew Its FPO

This decision will not have any impact on the company's existing operations and future plans as it will continue to focus on timely execution and delivery of projects, the company said in a statement

By Shrabona Ghosh

Business News

LIC Has No Plans To Bid For More In Adani Share Sale: Report

LIC took 5% share offering's anchor portion of $736 million, but has revealed that no plans to bid for more in the ongoing book building process that closes on Tuesday

By Teena Jose

Business News

If Adani Group Files Lawsuit, We Will Demand Company Documents, Says Hindenburg Research

Adani Group head of legal Jatin Jalundhwala has reportedly called the report by the US research group "maliciously mischievous, (and) unresearched

By Teena Jose

Business News

Adani Group To Spin Off Hydrogen, Airports And Data Centre Businesses: Report

AEL currently houses new businesses such as hydrogen, where the group plans to invest $50 billion over the next 10 years

By Teena Jose

Business News

Can India Catapult To Become the New Semiconductor Hub?

The Indian semiconductor market stood at $15 billion in 2020 and is estimated to reach $63 billion by 2026

By Shrabona Ghosh

Business News

Adani Group Steps Up Investment In Green Energy, Aims To Become Top Renewable Energy Producer by 2030

By 2050, the combined value of the US and Indian GDP is expected to be a staggering $70 trillion and it will make up 35-40 per cent of the global economy, said Gautam Adani, speaking at the India Ideas Summit

By Shrabona Ghosh

Business News

Adani Group Needs SEBI Approval For Acquisition, Says NDTV

Adani Group responded that regulatory restrictions imposed on NDTV do not affect the conglomerate's attempt to buy a major stake in the news network

By Teena Jose

Business News

Adani Group’s Drone Division To Explore Two Revenue Models

The exploration is in line with the prime minister's vision of using drone technology for the development of the agricultural sector

By Teena Jose

Business News

How Is Adani Group Streamlining Customer Engagement

WebEngage has partnered with Adani Group to help the company engage with its customers on multiple levels across the company's product and service offerings

By Shrabona Ghosh

Business News

Gautam Adani Meets UK PM, Assures To Commit $70 billion to Energy Transition

Speaking on the sidelines of the Global investment Summit, the business tycoon said policies to manage and overcome climate change crisis must be equitable and pragmatic

By Shrabona Ghosh

Business News

How the Stakeholders of Solar Are Driving India’s Energy Transformation

Adani Green Energy set to increase the solar portfolio by acquiring 205 MW solar assets from Essel Group at an enterprise value of INR 1,300 crore

By Aastha Singal