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Bihar business summit gets investment proposals worth Rs 1.8 lakh crore The two-day Bihar Business Connect 2024 witnessed the signing of memoranda of understanding (MoUs) for investments to the tune of Rs 1.8 lakh crore in the state by leading industrial groups of the country, Bihar Industries & Tourism Minister Nitish Mishra said on Friday. The proposed investments represent a three-fold jump over the corresponding figure for the maiden investor summit held in Bihar last year. The Adani Group which has emerged as the largest investor in the state unvei...
Bihar business summit gets investment proposals worth Rs 1.8 lakh crore
Bihar business summit gets investment proposals worth Rs 1.8 lakh crore
Source: IANS
2024-12-21 09:07:31 am
Pranav Adani unveils Adani Group`s Rs 27,900 crore investment plan for Bihar, to create 53,500 jobs  Pranav Adani, Managing Director, Agro, Oil and Gas and Director of Adani Enterprises, on Friday unveiled a massive Rs 27,900 crore investment plan for Bihar, with the potential of creating as many as 53,500 jobs in the state.  Addressing the ‘Bihar Business Connect’ summit here, Pranav Adani said that “there can be no better validation” of the Adani Group’s belief in the leadership of state Chief Minister Nitish Kumar “than the humble fact tha...
Pranav Adani unveils Adani Group`s Rs 27,900 crore investment plan for Bihar, to create 53,500 jobs
Pranav Adani unveils Adani Group`s Rs 27,900 crore investment plan for Bihar, to create 53,500 jobs
Source: IANS
2024-12-20 02:15:06 pm
Adani Group`s advertisement on wind turbines, not just commercial but a beacon of hope  A unique and out-of-the-box advertisement, on wind turbines and renewable energy by the Adani Group, is taking the internet by storm as it comes across as not just a commercial but a beacon of hope for millions, still living in darkness or facing long bouts of power cuts.  The 1.30-minute video, with the tagline 'Pehle Pankha Aayega, Phir Bijli Aayegi’ takes the viewers by surprise and also goes on to illustrate how clean energy can light up lives, without polluting th...
Adani Group`s advertisement on wind turbines, not just commercial but a beacon of hope
Adani Group`s advertisement on wind turbines, not just commercial but a beacon of hope
Source: IANS
2024-12-19 09:16:04 am
India mandates use of locally-made solar cells in clean energy projects from June 2026  Indian clean energy firms will be required to use solar photovoltaic (PV) modules from cells made locally by a government-approved list of companies from June 2026, in a move to curb imports from top supplier China. India already requires the use of locally-made PV modules in government projects from an approved list of domestic manufacturers, and authorities have now extended this rule to solar cells as well. The government plans to increase its non-fossil fuel capacity to 500 GW...
India mandates use of locally-made solar cells in clean energy projects from June 2026
India mandates use of locally-made solar cells in clean energy projects from June 2026
Source: Reuters
2024-12-10 12:23:40 pm
Adani Group to invest Rs 7.5 lakh crore in Rajasthan towards key infra projects The Adani Group on Monday announced investments of Rs 7.5 lakh crore in Rajasthan over the next five years to fund several key infrastructure projects.  Karan Adani, Managing Director of Adani Ports and Special Economic Zones (APSEZ), said that four new cement plants will be set up in the state. “The Adani Group will invest Rs 7.5 lakh crore in different sectors in Rajasthan. As much as 50 per cent of this investment will be made in the next five years. In this, we will devel...
Adani Group to invest Rs 7.5 lakh crore in Rajasthan towards key infra projects
Adani Group to invest Rs 7.5 lakh crore in Rajasthan towards key infra projects
Source: IANS
2024-12-09 04:53:47 pm
Adani Krishnapatnam Port gets government`s nod for importing petroleum till March 1, 2026 The Ministry of Ports, Shipping and Waterways has extended the permission given to the Adani Group’s Krishnapatnam Port in Andhra Pradesh for importing petroleum through the sea route till March 1, 2026.  The government order states that the Central Government “in consideration of the necessity to import petroleum in public interest, hereby extends the notification for Krishnapatnam Port (Adani Krishnpatnam Port Ltd) in Andhra Pradesh for importing petroleum into India by ...
Adani Krishnapatnam Port gets government`s nod for importing petroleum till March 1, 2026
Adani Krishnapatnam Port gets government`s nod for importing petroleum till March 1, 2026
Source: IANS
2024-12-09 01:53:20 pm
Adani Group most attractive among India corporates: Nomura  The Adani Portfolio of companies appear "most attractive" among Indian corporates, according to Japanese brokerage Nomura, as other Indian corporates stay at “expensive levels” compared to the Group companies. In a new report, the global brokerage said that the ports-to-power conglomerate will also be able to withstand recent turmoil brought on by allegations in an indictment by the US Department of Justice (DoJ). “Adani complex looks most attractive am...
Adani Group most attractive among India corporates: Nomura
Adani Group most attractive among India corporates: Nomura
Source: IANS
2024-12-09 10:16:09 am
Adani Group on solid financial footing despite US-related developments: Bernstein The US-headquartered financial research major Bernstein has published a report on Adani Group companies, stating that the Group is currently in a much stronger position than it was during the Hindenburg attack in January 2023.  Despite facing some US-related developments, the Adani Group is on solid footing across four key areas: no share pledge, leverage, debt repayment and valuations, the report mentioned. One of the major concerns during the Hindenburg crisis was the share pledg...
Adani Group on solid financial footing despite US-related developments: Bernstein
Adani Group on solid financial footing despite US-related developments: Bernstein
Source: IANS
2024-12-03 10:09:42 am
Ambuja Cements partners Finland-based Coolbrook towards Net Zero goals In a bid to achieve its Net Zero goals, Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, on Monday said it has entered into a strategic partnership with Finland-based technology and engineering company Coolbrook.  As part of the partnership, Ambuja will implement Coolbrook’s proprietary RotoDynamic Heater (RDH) technology to significantly reduce its fossil fuel dependence and carbon emissions. By harnessing renewable electricity for...
Ambuja Cements partners Finland-based Coolbrook towards Net Zero goals
Ambuja Cements partners Finland-based Coolbrook towards Net Zero goals
Source: IANS
2024-12-03 09:09:22 am
Adani Ports gains on recording 21% growth in cargo volumes in November 2024 Adani Ports is currently trading at Rs. 1205.20, up by 15.55 points or 1.31% from its previous closing of Rs. 1189.65 on the BSE. The scrip opened at Rs. 1213.45 and has touched a high and low of Rs. 1213.45 and Rs. 1192.85 respectively. So far 105875 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1607.95 on 03-Jun-2024 and a 52 week low of Rs. 825.25 on 1-Dec-2023. Last one week high and low of the scrip stood...
Adani Ports gains on recording 21% growth in cargo volumes in November 2024
Adani Ports gains on recording 21% growth in cargo volumes in November 2024
Source: Accord Fintech
2024-12-02 10:35:58 am
Will help make India centre of the logistics world: Gautam Adani The time is ripe for us to leverage India's geographic location and help make our nation become the centre of the logistics world, Adani Group Chairman, Gautam Adani, said on Saturday.  Addressing the 51st India Gem and Jewellery Awards here, Gautam Adani said that in the case of logistics, what started as a port jetty, to import coal in 1998, has gone on to become the country’s largest port business. "This business today spans a network of 15 national and 5 internat...
Will help make India centre of the logistics world: Gautam Adani
Will help make India centre of the logistics world: Gautam Adani
Source: IANS
2024-12-01 08:47:13 am
CRISIL reaffirms strong credit ratings for Adani Group firms  CRISIL Ratings has reaffirmed its strong credit ratings for Adani Group companies in its latest report released on Friday.  “Adani Group has sufficient liquidity and operational cash flows to meet its debt obligations and committed capex plans over the medium term,” the CRISIL report states. Despite recent legal developments, including a US indictment followed by materially false and misleading coverage, the agency has maintained a positive outlook on the group&rs...
CRISIL reaffirms strong credit ratings for Adani Group firms
CRISIL reaffirms strong credit ratings for Adani Group firms
Source: IANS
2024-11-29 03:49:39 pm
Global sovereign funds, top investors reaffirm support for Adani Group Abu Dhabi's International Holding Company (IHC) on Thursday said its outlook on investments in the Adani Group remains unchanged despite the US indictment of some of the conglomerate officials.  In a statement, IHC which is one of the largest sovereign funds that manages assets worth $100 billion, said their “partnership with the Adani Group reflects our confidence in their contributions to the green energy and sustainability sectors”. “As with all our investm...
Global sovereign funds, top investors reaffirm support for Adani Group
Global sovereign funds, top investors reaffirm support for Adani Group
Source: IANS
2024-11-28 06:00:22 pm
Adani Portfolio stocks rally up to 20 pc, Group adds Rs 1.25 lakh crore to its market cap  The Adani Group saw a stupendous rise in its market capitalisation on Wednesday, adding nearly Rs 1.25 lakh crore to its value, as shares of its portfolio of companies rallied by up to 20 per cent, led by Adani Power and Adani Green.  This brought the total market capitalisation of the conglomerate to approximately Rs 12.47 lakh crore. Shares of Adani Power Limited (APL) and Adani Total Gas Limited (ATGL) closed with an upper circuit of 20 per cent at Rs 525 and Rs 695 apiece...
Adani Portfolio stocks rally up to 20 pc, Group adds Rs 1.25 lakh crore to its market cap
Adani Portfolio stocks rally up to 20 pc, Group adds Rs 1.25 lakh crore to its market cap
Source: IANS
2024-11-27 04:47:37 pm
No new financial commitment under discussion with TotalEnergies: Adani Green Energy Adani Green Energy on Tuesday said they have no new financial commitment under discussion with the French oil major TotalEnergies.  In a stock exchange filing, Adani Green said, “We wish to clarify that there is no new financial commitment under discussion with TotalEnergies.” Citing a press release titled ‘TotalEnergies’ statement on its Investments related to Adani Group in India along with a media report, the Adani Group company said that “the Press...
No new financial commitment under discussion with TotalEnergies: Adani Green Energy
No new financial commitment under discussion with TotalEnergies: Adani Green Energy
Source: IANS
2024-11-26 01:53:09 pm
Adani Portfolio delivers robust results, asset base exceeds record Rs 5 lakh crore The Adani Portfolio of companies on Monday reported record results for the first half of this fiscal (H1 FY25) as well as the trailing-twelve-month (TTM) period. In H1 FY25, the portfolio companies invested Rs 75,277 crore, increasing the total gross assets to a record Rs 5.53 lakh crore.  Consistently advancing EBITDA reached its highest ever, For H1 FY25, EBITDA stood at Rs 44,212 crore (up 1.2 per cent YoY), taking TTM EBITDA at Rs 83,440 crore (up 17.1 per cent YoY). After adju...
Adani Portfolio delivers robust results, asset base exceeds record Rs 5 lakh crore
Adani Portfolio delivers robust results, asset base exceeds record Rs 5 lakh crore
Source: IANS
2024-11-25 09:30:08 am
Adani Group stocks rebound as Sensex and Nifty surge Stocks of the Adani Group companies rebounded on Friday, led by Ambuja Cements and ACC Ltd, after witnessing a sharp sell-off amid US government department allegations, which the Group has vehemently denied as "baseless".   Ambuja Cements and ACC led gains, rallying 3.81 per cent and 3.30 per cent, respectively. Shares of flagship company Adani Enterprises went up by 2.12 per cent and Adani Ports and Special Economic Zone gained 2.09 per cent. Adani Total Gas and NDTV ...
Adani Group stocks rebound as Sensex and Nifty surge
Adani Group stocks rebound as Sensex and Nifty surge
Source: IANS
2024-11-22 04:36:10 pm
Factbox-From Australia to Israel, Adani Group projects span the globe  Two major Adani Group projects in Kenya were scuttled after its founder Gautam Adani was indicted by U.S. prosecutors over his alleged role in a $265 million bribery scheme - allegations that his conglomerate has denied. Here is a list of the group's major overseas projects. HAIFA PORT IN ISRAEL Adani Ports, India's largest private ports operator, owns 70% of Haifa port in northern Israel while Israel's Gadot Group owns the rest. The firms bought the port in earl...
Factbox-From Australia to Israel, Adani Group projects span the globe
Factbox-From Australia to Israel, Adani Group projects span the globe
Source: Reuters
2024-11-22 03:17:20 pm
Adani Airport Holdings likely to list in next 2-3 years The initial public offering (IPO) of Adani Airport Holdings Limited (AAHL), the airport unit of the diversified Adani Group, is likely to go for its public debut in the next two to three years.  Jeet Adani, Director of Adani Airport Holdings Ltd, said in a media report that he wants to focus on three things before bringing the company's IPO. First is the commercialisation and stabilisation of Navi Mumbai, which will start next year. Second is city-side development around the...
Adani Airport Holdings likely to list in next 2-3 years
Adani Airport Holdings likely to list in next 2-3 years
Source: IANS
2024-11-19 03:48:40 pm
Adani Group pledges $10 billion investment in US energy security, infra projects Gautam Adani, Chairman of the Adani Group, on Wednesday announced that the Group commits a $10 billion investment in US energy security and infrastructure projects, aiming to create up to 15,000 local jobs in the country. In a post on X social media platform, Gautam Adani once again congratulated President-elect Trump, who is set to become America’s 47th President in a most momentous comeback in political history. “As the partnership between India and the United States deepe...
Adani Group pledges $10 billion investment in US energy security, infra projects
Adani Group pledges $10 billion investment in US energy security, infra projects
Source: IANS
2024-11-14 09:17:25 am
Adani Group stocks surge, add Rs 54,381 cr in market cap The share price of all the companies in the Adani Group surged on Wednesday, adding Rs 54,381.06 crore worth of wealth to the investors' kitty.  The market cap of Adani Group companies rose to Rs 16 lakh crore. Shares of Adani Group companies gained, while the NSE Nifty 50 recorded the best session since September 20 and the BSE Sensex since October 28. The Nifty 50 ended 270.75 points or 1.12 per cent higher at 24,484.05, and the Sensex closed 901.50 points or 1.13 per cent up...
Adani Group stocks surge, add Rs 54,381 cr in market cap
Adani Group stocks surge, add Rs 54,381 cr in market cap
Source: IANS
2024-11-07 10:01:16 am
Unbreakable tenacity, unshakeable grit: Gautam Adani welcomes 47th POTUS-elect Gautam Adani, Chairman of the Adani Group, on Wednesday congratulated Donald Trump for his resounding victory in the US presidential election, saying it is fascinating to see America’s democracy empower its people and uphold the nation's founding principles.   Trump is set to become America’s 47th President, in a most momentous comeback in political history. In a post on X, Gautam Adani said: "If there is one person on Earth who stands as the embodiment of unbr...
Unbreakable tenacity, unshakeable grit: Gautam Adani welcomes 47th POTUS-elect
Unbreakable tenacity, unshakeable grit: Gautam Adani welcomes 47th POTUS-elect
Source: IANS
2024-11-07 09:09:56 am
CM N. Chandrababu Naidu discusses investment opportunities with Adani Group Andhra Pradesh Chief Minister N. Chandrababu Naidu met with a delegation from the Adani Group to discuss investment opportunities in the state.  The delegation was led by Rajesh Adani, Managing Director of Adani Exports Ltd and Karan Adani, Managing Director of Adani Ports and SEZ Ltd. CM Naidu posted on ‘X’ that they discussed a range of investment opportunities in Andhra Pradesh. “Their presentation covered projects with the potential to drive comprehensive g...
CM N. Chandrababu Naidu discusses investment opportunities with Adani Group
CM N. Chandrababu Naidu discusses investment opportunities with Adani Group
Source: IANS
2024-10-29 01:48:56 pm
Adani Wilmar posts highest-ever half yearly net profit at Rs 624 crore Adani Wilmar Ltd on Thursday reported its highest-ever half-yearly net profit at Rs 624 crore for the first six months of the current fiscal (FY25).   In Q2 FY25, the Adani Group company clocked Rs 326 crore in standalone profit (PAT), up from Rs 324 crore in Q1 FY25. In the quarter, the company saw an 18 per cent surge in revenue at Rs 14,460 crore (year-on-year). Adani Wilmar MD and CEO Angshu Mallick said they have delivered another strong quarter, with double-digit growth in bo...
Adani Wilmar posts highest-ever half yearly net profit at Rs 624 crore
Adani Wilmar posts highest-ever half yearly net profit at Rs 624 crore
Source: IANS
2024-10-25 11:09:21 am
Adani Group`s ACC Ltd clocks highest quarterly revenue at Rs 4,614 crore in Q2 Cement and building materials leader ACC Ltd, part of the diversified Adani Group, on Thursday reported the highest quarterly revenue at Rs 4,614 crore, up 4 per cent (year-on-year).  The company clocked volume growth of 15 per cent (year-on-year), at 9.3 million tonnes – the highest volume in Q2 series in the last 5 years. Operating EBITDA was at Rs 436 crore while net worth increased to Rs 16,725 crore, according to ACC Ltd, a subsidiary of Ambuja Cements. "Our perf...
Adani Group`s ACC Ltd clocks highest quarterly revenue at Rs 4,614 crore in Q2
Adani Group`s ACC Ltd clocks highest quarterly revenue at Rs 4,614 crore in Q2
Source: IANS
2024-10-25 10:33:03 am
Indian news broadcaster NDTV posts Q2 loss as operating, production costs weigh  India's New Delhi Television (NDTV) posted its fourth-straight quarterly loss on Wednesday, as the news broadcaster's expenses surged. The company, 64.7% of which is owned by ports-to-energy conglomerate Adani Group, reported a loss of 527.7 million rupees ($6.28 million) for the July-September quarter, compared to a profit of 59.1 million rupees in the year-ago period. NDTV's total expenses surged 76% on the back of a jump in operating as well as production and market...
Indian news broadcaster NDTV posts Q2 loss as operating, production costs weigh
Indian news broadcaster NDTV posts Q2 loss as operating, production costs weigh
Source: Reuters
2024-10-23 04:35:48 pm
Adani Enterprises rises as its arm incorporates Joint Venture Company with Indoport Logistics Adani Enterprises is currently trading at Rs. 2865.55, up by 41.20 points or 1.46% from its previous closing of Rs. 2824.35 on the BSE. The scrip opened at Rs. 2839.90 and has touched a high and low of Rs. 2871.10 and Rs. 2823.70 respectively. So far 14695 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3743.00 on 03-Jun-2024 and a 52 week low of Rs. 2142.30 on 20-Nov-2023. Last one week high and low of the scri...
Adani Enterprises rises as its arm incorporates Joint Venture Company with Indoport Logistics
Adani Enterprises rises as its arm incorporates Joint Venture Company with Indoport Logistics
Source: Accord Fintech
2024-10-23 11:24:11 am
Major deals in India's cement sector since Adani Group's entry in 2022 Dealmaking in India's cement sector is in the spotlight again, after Ambuja Cements said on Tuesday it will buy a near-47% stake in smaller rival Orient Cement for $451 million. Billionaire Gautam Adani's conglomerate is locked in a fierce battle with UltraTech Cement as the rivals snap up smaller firms in a bid to capitalise on expectations of heavy government spending on infrastructure. Here is a timeline of some of the major deals announced in the sector since Adani's for...
Major deals in India's cement sector since Adani Group's entry in 2022
Major deals in India's cement sector since Adani Group's entry in 2022
Source: Reuters
2024-10-22 01:46:02 pm
Adani Foundation donates Rs 100 crore for Telangana’s Young India Skills University In a bid to create a lasting legacy that will uplift generations to come, the Adani Foundation on Friday announced a donation of Rs 100 crore towards the establishment of the Young India Skills University in Telangana.  Gautam Adani, Chairman of the Adani Group, met state Chief Minister A. Revanth Reddy here, along with a delegation from the Adani Foundation, and presented a cheque of Rs 100 crore for Young India Skills University. "Privileged to contribute to the transformati...
Adani Foundation donates Rs 100 crore for Telangana’s Young India Skills University
Adani Foundation donates Rs 100 crore for Telangana’s Young India Skills University
Source: IANS
2024-10-19 09:00:01 am
Adani Energy Solutions reports surge in project pipeline to Rs 27,300 crore in Q2 FY25 Adani Energy Solutions Ltd (AESL) on Monday reported an increase in its project pipeline from Rs 17,000 crore in the first quarter of the current fiscal to Rs 27,300 crore in the second quarter (Q2 FY25).   The Adani Group company said its transmission network was at 23,269 circuit kilometres (ckm) in the July-September period, compared to 19,862 ckm in the same period of the previous year. It also mentioned its construction of the longest private high-voltage direct current line. ...
Adani Energy Solutions reports surge in project pipeline to Rs 27,300 crore in Q2 FY25
Adani Energy Solutions reports surge in project pipeline to Rs 27,300 crore in Q2 FY25
Source: IANS
2024-10-15 10:24:30 am
Adani Ports inches up on completing acquisition of 95% stake in Gopalpur Port Adani Ports and Special Economic Zone is currently trading at Rs. 1408.50, up by 0.90 points or 0.06% from its previous closing of Rs. 1407.60 on the BSE. The scrip opened at Rs. 1410.50 and has touched a high and low of Rs. 1426.00 and Rs. 1407.60 respectively. So far 21417 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1607.95 on 03-Jun-2024 and a 52 week low of Rs. 754.50 on 26-Oct-2023. Last one week high a...
Adani Ports inches up on completing acquisition of 95% stake in Gopalpur Port
Adani Ports inches up on completing acquisition of 95% stake in Gopalpur Port
Source: Accord Fintech
2024-10-14 12:52:57 pm
India`s Adani Group plans 10 GW overseas hydroelectric projects, sources say India's Adani Group plans to build 10 gigawatts of overseas hydroelectric projects over the next few years, four sources familiar with the plans told Reuters, helping the conglomerate reach its net zero carbon emissions goal by 2050. Billionaire owner Gautam Adani, whose businesses span from rice to cement, announced in 2022 the group would invest $100 billion over the next decade to develop green energy capabilities including setting up the world's largest solar energy park in wes...
India`s Adani Group plans 10 GW overseas hydroelectric projects, sources say
India`s Adani Group plans 10 GW overseas hydroelectric projects, sources say
Source: Reuters
2024-10-10 02:02:38 pm
Major deals in India`s cement sector since Adani Group`s entry in 2022 Dealmaking in India's cement sector is in the spotlight again, after a report said Adani Group is in talks to buy the local operations of Germany's Heidelberg Materials in a deal that could be worth about $1.2 billion. Billionaire Gautam Adani's conglomerate is locked in a fierce battle with UltraTech Cement as the rivals snap up smaller firms in a bid to capitalise on expectations of heavy government spending on infrastructure. Here is a timeline of some of the major deals ...
Major deals in India`s cement sector since Adani Group`s entry in 2022
Major deals in India`s cement sector since Adani Group`s entry in 2022
Source: Reuters
2024-10-07 03:23:07 pm
Adani Group in talks to buy Heidelberg`s Indian cement operations, ET reports The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be worth about $1.2 billion, the Economic Times reported on Monday, citing people familiar with the matter. Adani Group, led by billionaire Gautam Adani, entered India's cement sector in 2022 by buying Holcim's local units and has made a string of acquisitions since then as it jostles with top cement producer UltraTech Cement for market share. India's ce...
Adani Group in talks to buy Heidelberg`s Indian cement operations, ET reports
Adani Group in talks to buy Heidelberg`s Indian cement operations, ET reports
Source: Reuters
2024-10-07 09:03:38 am
Adani Group, Google join hands to drive clean energy adoption in India The Adani Group and Google on Thursday announced a collaboration that will advance the companies’ collective sustainability goals and add more clean energy to the national grid.  The Adani Group will supply clean energy from a new solar-wind hybrid project located in the world’s largest renewable energy plant at Gujarat's Khavda. The new project is expected to start commercial operations in the third quarter of 2025, the company said in a statement. With proven c...
Adani Group, Google join hands to drive clean energy adoption in India
Adani Group, Google join hands to drive clean energy adoption in India
Source: IANS
2024-10-03 02:29:34 pm
3 Adani Group firms join World Economic Forum's 'Industrial Clusters' initiative In yet another feat for the Adani Group, three portfolio companies -- Adani Enterprises (via its subsidiary Adani New Industries Ltd), Adani Ports and Special Economic Zone (APSEZ), and Ambuja Cements -- have joined the World Economic Forum’s (WEF) 'Transitioning Industrial Clusters' initiative, forming the Adani Mundra Cluster, it was announced on Monday.  The Adani Mundra Cluster will become one of the world’s largest integrated green hydrogen hubs, with a planne...
3 Adani Group firms join World Economic Forum's 'Industrial Clusters' initiative
3 Adani Group firms join World Economic Forum's 'Industrial Clusters' initiative
Source: IANS
2024-10-01 09:01:19 am
Adani Enterprises inches up on incorporating wholly owned subsidiary Adani Enterprises is currently trading at Rs. 3093.70, up by 1.30 points or 0.04% from its previous closing of Rs. 3092.40 on the BSE. The scrip opened at Rs. 3105.25 and has touched a high and low of Rs. 3124.00 and Rs. 3081.75 respectively. So far 26694 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3743.00 on 03-Jun-2024 and a 52 week low of Rs. 2142.30 on 20-Nov-2023. Last one week high and low of the scrip...
Adani Enterprises inches up on incorporating wholly owned subsidiary
Adani Enterprises inches up on incorporating wholly owned subsidiary
Source: Accord Fintech
2024-09-25 03:29:12 pm
Gautam Adani, Bombardier CEO discuss `transformative partnerships` in aviation sector Gautam Adani, Chairman of the Adani Group, has held a high-level meeting with Eric Martel, CEO of Bombardier, and deliberated on “transformative partnerships” in the aviation sector.   In a post on social media platform X, on Wednesday, Gautam Adani informed that they will aim to harness synergies for a stronger, self-reliant India. “Powering India's aviation growth! Had a great discussion with @Bombardier CEO Eric Martel on transformative partnerships in A...
Gautam Adani, Bombardier CEO discuss `transformative partnerships` in aviation sector
Gautam Adani, Bombardier CEO discuss `transformative partnerships` in aviation sector
Source: IANS
2024-09-25 10:01:04 am
'Deeply troubled': Adani Group donates Rs 25 crore towards Andhra flood relief efforts  The Adani Group on Thursday announced it is donating Rs 25 crore towards the relief efforts in Andhra Pradesh, battered by torrential rains and floods.   Gautam Adani, Chairman of the Adani Group, said he is "deeply troubled" by the extensive damage caused by the recent torrential rains and flooding in the state. "The Adani Group stands in solidarity with the people of Andhra Pradesh and humbly extends our support through the Adani Foundation with a contributio...
'Deeply troubled': Adani Group donates Rs 25 crore towards Andhra flood relief efforts
'Deeply troubled': Adani Group donates Rs 25 crore towards Andhra flood relief efforts
Source: IANS
2024-09-19 04:35:47 pm
Adani Group honoured in TIME’s World’s Best Companies of 2024 Leading integrated business conglomerate Adani Group on Friday said it has been featured in TIME magazine’s prestigious ‘World’s Best Companies of 2024’ list.  The list was prepared in collaboration with Statista, a global industry ranking and statistics portal.  Notably, eight out of 11 listed Adani portfolio companies were considered in the evaluation, reflecting a comprehensive performance across the group. The other three listed companies are subsid...
Adani Group honoured in TIME’s World’s Best Companies of 2024
Adani Group honoured in TIME’s World’s Best Companies of 2024
Source: IANS
2024-09-14 09:05:14 am
Adani Ports climbs on signing concession agreement with DPA to develop berth Adani Ports and Special Economic Zone is currently trading at Rs. 1463.85, up by 33.65 points or 2.35% from its previous closing of Rs. 1430.20 on the BSE. The scrip opened at Rs. 1440.00 and has touched a high and low of Rs. 1469.70 and Rs. 1440.00 respectively. So far 22760 shares were traded on the counter.  The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1607.95 on 03-Jun-2024 and a 52 week low of Rs. 754.50 on 26-Oct-2023. Last one week...
Adani Ports climbs on signing concession agreement with DPA to develop berth
Adani Ports climbs on signing concession agreement with DPA to develop berth
Source: Accord Fintech
2024-09-12 12:22:11 pm
Explainer: How India`s ambitious semiconductor journey is taking shape As India begins its semiconductor electronics manufacturing journey amid Prime Minister Narendra Modi’s "it is right time to be in India" call, the reformist government, a growing manufacturing base in Bharat, and a huge aspirational market can help realise the mega chip dream.  To begin with, about Rs 1.52 lakh crore (nearly $18 billion) worth of investments have come in India’s semiconductor manufacturing space in a short span of time and several projects are a...
Explainer: How India`s ambitious semiconductor journey is taking shape
Explainer: How India`s ambitious semiconductor journey is taking shape
Source: IANS
2024-09-12 11:09:27 am
Adani Ports to develop berth at Gujarat`s Kandla Port for multi-purpose cargo Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday announced it will develop a multi-purpose berth at Kandla Port in Gujarat.  The Berth No 13 at Deendayal Port in Kandla will handle multipurpose cargo and is expected to be commissioned in FY27, India’s largest port developer-cum-operator said in a statement. "Berth No 13 will diversify our presence at Deendayal Port. We will now handle multipurpose clean cargo at the port, in addition to dry bulk cargo that ...
Adani Ports to develop berth at Gujarat`s Kandla Port for multi-purpose cargo
Adani Ports to develop berth at Gujarat`s Kandla Port for multi-purpose cargo
Source: IANS
2024-09-11 05:07:17 pm
Adani Airports launches `aviio` app to enhance passenger experience The Adani Airports Holdings Ltd (AAHL) has launched the ‘aviio’ app -- a first-ever comprehensive, digital transformation platform for the airport ecosystem -- to bring the aviation community together and collaborate to serve passengers better, an official said here on Tuesday. AAHL -- a subsidiary of Adani Enterprises, the flagship company of the globally diversified Adani Group -- manages seven airports, and one more is expected to go live in mid-2025. By enabling airport ...
Adani Airports launches `aviio` app to enhance passenger experience
Adani Airports launches `aviio` app to enhance passenger experience
Source: IANS
2024-09-10 06:03:38 pm
India set to be world`s 3rd-largest economy by decade`s end: Gautam Adani It is now well established that by the end of this decade, India is set to be the world’s third-largest economy under Prime Minister Narendra Modi-led government’s third term, Gautam Adani, the Chairman of the Adani Group, said here on Thursday.  In his address at the city’s Jai Hind College on the occasion of Teachers’ Day, Gautam Adani said that India is also positioned to consolidate the several groundbreaking initiatives launched by the government and conti...
India set to be world`s 3rd-largest economy by decade`s end: Gautam Adani
India set to be world`s 3rd-largest economy by decade`s end: Gautam Adani
Source: IANS
2024-09-06 09:48:09 am
Full literacy, zero poverty biggest boundary to break to become superpower: Gautam Adani Gautam Adani, the Chairman of the Adani Group, said here on Thursday that as India aspires to become a superpower, we must aim at breaking the final boundary to help the country take that giant leap -- full literacy and zero poverty.  Sharing his own life examples about how he broke several boundaries to take the Adani Group to scale new heights, Gautam Adani said the future belongs to those who dare to see beyond the present and recognise that today's limits are tomorrow's st...
Full literacy, zero poverty biggest boundary to break to become superpower: Gautam Adani
Full literacy, zero poverty biggest boundary to break to become superpower: Gautam Adani
Source: IANS
2024-09-06 09:43:27 am
Dharavi project a mission to restore dignity for over 1 mn residents: Gautam Adani  Dharavi is not just a redevelopment project but a mission to restore dignity for more than 1 million residents and provide them with an unmatched ecosystem of sustainable living, Gautam Adani, the Chairman of the Adani Group, said here on Thursday.   In his address on the occasion of the Teachers’ Day at the Jai Hind College here, Gautam Adani said that they are set to transform the world’s largest slum over the next decade. "Not only will this provide dignit...
Dharavi project a mission to restore dignity for over 1 mn residents: Gautam Adani
Dharavi project a mission to restore dignity for over 1 mn residents: Gautam Adani
Source: IANS
2024-09-06 09:37:04 am
India's Adani Group to raise at least $1.5 billion via dollar bonds, Bloomberg News reports India's Adani Group is in talks with global banks to raise at least $1.5 billion through dollar bond sales, Bloomberg News reported on Thursday, citing people familiar with the plans.  
India's Adani Group to raise at least $1.5 billion via dollar bonds, Bloomberg News reports
India's Adani Group to raise at least $1.5 billion via dollar bonds, Bloomberg News reports
Source: Reuters
2024-09-05 02:35:03 pm