Gautam Adani and Executives Indicted in $250 Million Bribery and Fraud Scheme to Secure Solar Contracts

Summary of the Indictment Against Adani and Other Executives Overview of the Indictment Gautam Adani, Sagar Adani, Vneet Jaain, and five other executives have been […]

Adani Power to Continue Supplying Electricity to Bangladesh Despite $800 Million Outstanding Dues

Adani Power has reaffirmed its commitment to continue supplying electricity to Bangladesh from its 1600 MW Godda power plant, despite Bangladesh owing over $800 million […]

Ambuja Cements to Acquire 46.8% Stake in Orient Cement for Rs 8,100 Crore, Boosting Annual Capacity by 16.6 Million Tonnes

Ambuja Cements Ltd., owned by the Adani Group, has announced the acquisition of a 46.8% stake in Orient Cement Ltd. The deal values Orient Cement […]

Adani Green Postpones $1.2 Billion Bond Issuance, Awaiting Better Market Conditions Post U.S. Elections

Adani Green Energy, the renewable energy subsidiary of the Adani Group and India’s largest renewable energy company, has postponed its $1.2 billion IG-rated notes. Due […]

Adani Group Companies: Rs 12,780 Crore Investment from Promoters and Rs 6,625 Crore from GQG Partners

Promoter group entities and GQG Partners have increased their investments in Adani Group companies during the September quarter, with a total investment of more than […]

Adani Wilmar May Sell 13% Stake in October: Report

According to a Bloomberg report, Adani Enterprises and Wilmar International may soon begin selling their stake in Adani Wilmar. Sources indicate that this sale is […]

Mutual Funds Buy Rs 4,200 Crore of Adani Stocks in August Amidst Growing Interest

Mutual funds increased their investments in Adani Group companies in August 2024, with a net buying of over Rs 4,200 crore. This marks a significant […]

Adani to Supply 6600 MW Solar & Thermal Power to Maharashtra

The Adani Group has secured a significant contract to supply 6,600 MW of hybrid solar and thermal power to the state of Maharashtra. This contract […]

Bangladesh Interim Government to Review Adani Power Deal and Other Indian Agreements: Report

The interim government in Bangladesh, led by Nobel laureate Muhammad Yunus, has decided to scrutinize agreements with Indian businesses, including the Adani Group, The Indian […]

Adani Group Enters China: New AERCL to Offer Supply Chain Solutions and Project Management Services

The Adani Group, known for its continuous global expansion, has now made a strategic entry into China. According to the company’s regulatory filings, its flagship […]

Mauritius-based FPIs Seek Urgent Relief from Sebi’s New Norms

Two Mauritius-based Foreign Portfolio Investors (FPIs), LTS Investment Funds and Lotus Global Investment, have petitioned the Securities Appellate Tribunal (SAT) for urgent relief from complying […]

Adani Group Partners with Israel’s Tower Semiconductor to Establish $10 Billion Semiconductor Plant in Maharashtra

Indian business tycoon Gautam Adani has now shifted focus to semiconductor manufacturing, partnering with Israel’s Tower Semiconductor Ltd. to establish a new plant. This semiconductor […]