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India competition watchdog approves UltraTech Cement's acquisition of India Cements  India's antitrust watchdog on Friday approved UltraTech Cement's acquisition of India Cements. The country's cement sector has seen a host of deals recently as billionaire Gautam Adani's ports-to-power conglomerate aims to challenge UltraTech Cement's pole position in the segment. UltraTech Cement, part of the Aditya Birla group, signed a $472 million deal to gain control of India Cements, to bolster its position in the country's southern states and help it...
India competition watchdog approves UltraTech Cement's acquisition of India Cements
India competition watchdog approves UltraTech Cement's acquisition of India Cements
Source: Reuters
2024-12-21 11:05:02 am
`Hum Karke Dikhate Hain`: Gautam Adani on building green, brighter future for millions The Adani Group Chairman, Gautam Adani, on Thursday said that the company makes promises which are not only about building infrastructure but also creating hope, progress and a brighter tomorrow for millions of Indians.  Reacting to a unique and out-of-the-box advertisement on wind turbines and renewable energy by the Adani Group that took the internet by storm, Gautam Adani posted on X social media platform that the “winds of change are here.” “In our actions sit...
`Hum Karke Dikhate Hain`: Gautam Adani on building green, brighter future for millions
`Hum Karke Dikhate Hain`: Gautam Adani on building green, brighter future for millions
Source: IANS
2024-12-19 10:33:12 am
With `Rising Rajasthan`, state eyes investment to emerge as $350 billion economy To realise the vision of making the state a $350 billion economy in the next five years, the three-day 'Rising Rajasthan Global Investment Summit' will be organised from December 9.  Prime Minister Narendra Modi will be the chief guest of the summit and deliver the inaugural address. The event will see industrialists, investors and ambassadors from 32 countries, of which 17 will be "partner countries". Several Union Cabinet and State Cabinet members, more than ...
With `Rising Rajasthan`, state eyes investment to emerge as $350 billion economy
With `Rising Rajasthan`, state eyes investment to emerge as $350 billion economy
Source: IANS
2024-12-08 05:12:33 pm
Gautam Adani urges gem & jewellery sector to focus on technology & sustainability Adani Group Chairman Gautam Adani has exhorted the gems and jewellery sector to focus on both technology and sustainability, which are the foundation for the future of the industry in the country.  Addressing a packed hall at the 51st India Gem & Jewellery Awards (IGJA), Gautam Adani said: "Technology and sustainability are the twin pillars of our future. As we embrace the digital age, let's ensure our growth is both innovative and responsible. Empowering and upliftin...
Gautam Adani urges gem & jewellery sector to focus on technology & sustainability
Gautam Adani urges gem & jewellery sector to focus on technology & sustainability
Source: IANS
2024-12-02 02:24:22 pm
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
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
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
Truly insightful: Gautam Adani hosts envoys from EU, Belgium, Denmark and Germany  Gautam Adani, Chairman of the Adani Group, on Tuesday, said it was a privilege to host the ambassadors from the European Union (EU), Belgium, Denmark, and Germany, who visited the world’s largest renewable energy (RE) park in Khavda, Gujarat, and the country's largest port hub in Mundra.  Gautam Adani said the discussions with the envoys focused on strengthening global partnerships to drive India’s energy transition and accelerate the hydrogen ecosystem. "...
Truly insightful: Gautam Adani hosts envoys from EU, Belgium, Denmark and Germany
Truly insightful: Gautam Adani hosts envoys from EU, Belgium, Denmark and Germany
Source: IANS
2024-11-12 05:09:39 pm
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
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
India's Adani Enterprises raises $500 million via share sale, sources say Billionaire Gautam Adani's flagship firm Adani Enterprise has raised $500 million via a share sale to local insurance and mutual funds firms and an existing U.S. based investor, two sources with direct knowledge said. The share sale marks the company's return to equity markets after it scrapped a $2.5 billion plan in February last year following a short-seller Hindenburg's report accusing Adani Group of misusing offshore tax havens and stock manipulation. The group has denied t...
India's Adani Enterprises raises $500 million via share sale, sources say
India's Adani Enterprises raises $500 million via share sale, sources say
Source: Reuters
2024-10-11 12:25:22 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
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
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 now has 334 billionaires, Gautam Adani and Family at the top: Hurun list  As China sees a continuous decline in its number of billionaires, India now has a record 334 billionaires -- up 75 compared to last year -- led by Gautam Adani and Family at the very top, according to the ‘2024 Hurun India Rich List’ that came out on Thursday.   With a wealth of Rs 11.6 lakh crore, Gautam Adani and Family, who saw their wealth grow by a massive 95 per cent, clinched the number one spot in the coveted Huron list. Mukesh Ambani took the second spot,...
India now has 334 billionaires, Gautam Adani and Family at the top: Hurun list
India now has 334 billionaires, Gautam Adani and Family at the top: Hurun list
Source: IANS
2024-08-29 02:17:58 pm
India`s Adani Group-owned firm to sell stake worth $500 million in Ambuja Cements  An Adani Group-owned company is selling shares worth $500 million in Ambuja Cements, according to a term sheet seen by Reuters on Thursday. The holding company, Holderind Investments, is selling a 2.84% stake in the cement company on Friday, with the floor price of the sale set at 600 rupees per share. The sale is at a 5% discount to Thursday's closing price of 631.8 rupees. Adani Group had a 70.33% stake in Ambuja as of June 30, according to exchange data. Holderind's ...
India`s Adani Group-owned firm to sell stake worth $500 million in Ambuja Cements
India`s Adani Group-owned firm to sell stake worth $500 million in Ambuja Cements
Source: Reuters
2024-08-23 09:15:44 am
Truly captivating: Gautam Adani after hosting British Envoy to India  Adani Group Chairman Gautam Adani said on Monday that he was honoured to host Lindy Cameron, the British High Commissioner to India, and her sharp take on the “ever-evolving global landscape is truly captivating”.  In a post on X, Gautam Adani mentioned about the meeting with the British envoy. “Her sharp, insightful take on the ever-evolving global landscape is truly captivating! It was equally inspiring to see her engage with our 2nd batch of Chevening-Ada...
Truly captivating: Gautam Adani after hosting British Envoy to India
Truly captivating: Gautam Adani after hosting British Envoy to India
Source: IANS
2024-08-13 09:27:22 am
Adani Foundation completes 28 years of enabling smiles: Dr Priti Adani Adani Foundation has completed 28 years of enabling smiles, said Dr Priti Adani, Chairperson of Adani Foundation on Sunday.  In a post on the social media platform X, Priti Adani, wife of Gautam Adani, Chairman of the Adani Group, thanked the team members for their support in achieving “milestones”. “As the Adani Foundation completes 28 years of enabling smiles, I want to thank our 800+ team members across India for their passionate commitment,” said Priti A...
Adani Foundation completes 28 years of enabling smiles: Dr Priti Adani
Adani Foundation completes 28 years of enabling smiles: Dr Priti Adani
Source: IANS
2024-08-11 02:15:29 pm
India's Adani plans to cede control to family by early 2030s, Bloomberg News reports Adani Group chairman Gautam Adani, 62, plans to step down at the age of 70 and shift control to his sons and their cousins in the early 2030s, he told Bloomberg News in an interview published on Monday. When Adani retires, his four heirs - sons Karan and Jeet, and their cousins Pranav and Sagar - will become equal beneficiaries of the family trust, according to the scions, the report said. A confidential agreement will dictate the transition of stakes in the conglomerate's firms to ...
India's Adani plans to cede control to family by early 2030s, Bloomberg News reports
India's Adani plans to cede control to family by early 2030s, Bloomberg News reports
Source: Reuters
2024-08-05 09:16:23 am
Adani Enterprises Ltd posts 116 pc net profit growth at Rs 1,458 crore in Q1 Adani Enterprises Ltd (AEL) on Thursday reported a robust net profit of Rs 1,458 crore in the April-June quarter, an impressive 116 per cent growth from the same quarter last fiscal.  The flagship company of the Adani Group clocked Rs 26,067 crore in total income, a 13 per cent rise from Rs 23,016 crore in Q1 FY24. Consolidated EBITDA increased by 48 per cent to Rs 4,300 crore. The emerging core infra businesses of Adani New Industries Ltd (ANIL) ecosystem, airports and roads are c...
Adani Enterprises Ltd posts 116 pc net profit growth at Rs 1,458 crore in Q1
Adani Enterprises Ltd posts 116 pc net profit growth at Rs 1,458 crore in Q1
Source: IANS
2024-08-01 04:15:24 pm
Deeply saddened: Gautam Adani announces Rs 5 crore contribution for landslide-hit Wayanad Gautam Adani, Chairman of the Adani Group, on Wednesday, said he is deeply saddened at the tragic loss of lives in the devastation caused by landslides in Kerala's Wayanad, and announced a Rs 5 crore contribution to Kerala Chief Minister's Distress Relief Fund.  Massive landslides occurred at Churalpara in Kerala's Wayanad on Tuesday. The death toll due to the deadly landslides in Wayanad had touched the 200 mark and was likely to increase further. In a post on X, Gauta...
Deeply saddened: Gautam Adani announces Rs 5 crore contribution for landslide-hit Wayanad
Deeply saddened: Gautam Adani announces Rs 5 crore contribution for landslide-hit Wayanad
Source: IANS
2024-08-01 09:12:52 am
India's Adani Group considers investing in Vietnam's airports India's Adani Group is considering investing in two airports in Vietnam, the Vietnamese government said on Wednesday, weeks after the company revealed it had permission to build a seaport in the country. The government statement comes after a meeting in Delhi on the same day between Vietnamese Prime Minister Pham Minh Chinh and Gautam Adani, head of conglomerate Adani Group, during Chinh's official visit to India. "Adani is planning to strengthen cooperation with Vietnamese...
India's Adani Group considers investing in Vietnam's airports
India's Adani Group considers investing in Vietnam's airports
Source: Reuters
2024-07-31 04:24:11 pm
Adani Green begins wind generation from Khavda renewable energy plant  Adani Green Energy Limited (AGEL) on Wednesday said it has operationalised the first 250 MW wind capacity at the world’s largest 30,000 MW (30 GW) renewable energy plant at Khavda, Gujarat.  With this milestone, 2,250 MW of cumulative capacity has been made operational at the Khavda plant, strengthening AGEL’s leadership in India with the largest operational portfolio of 11,184 MW. “Khavda has one of the best wind resources in India, with speeds of 8 metres ...
Adani Green begins wind generation from Khavda renewable energy plant
Adani Green begins wind generation from Khavda renewable energy plant
Source: IANS
2024-07-24 02:12:19 pm
India`s Adani aims to complete phase one of long-delayed port by year-end Adani Ports expects to complete the first of four phases of a key transshipment container port in southern India this year, it said on Friday, firming the timeline for a project already delayed by six years due to protests by locals. The Vizhinjam deep-sea port at the southern tip of the country is of strategic importance due to its proximity to international shipping routes and will help India rival Dubai, Singapore and Sri Lanka. Adani Ports, a part of billionaire Gautam Adani's p...
India`s Adani aims to complete phase one of long-delayed port by year-end
India`s Adani aims to complete phase one of long-delayed port by year-end
Source: Reuters
2024-07-12 02:56:51 pm
Vizhinjam Port a perfect example of PM Narendra Modi`s `Maritime Amrit Kaal 2047` vision: Karan Adani Vizhinjam Port is a perfect example of Prime Minister Narendra Modi's triple focus - Ports for Prosperity, Ports for Progress and Ports for Productivity -- Karan Adani, Managing Director of Adani Ports and SEZ Ltd (APSEZ) said on Friday, adding that the company has fulfilled the promise to convert Vizhinjam into a world-class port.  Addressing the gathering after officially receiving the first mothership at the country's first trans-shipment port near Kovalam Beach in Kerala, ...
Vizhinjam Port a perfect example of PM Narendra Modi`s `Maritime Amrit Kaal 2047` vision: Karan Adani
Vizhinjam Port a perfect example of PM Narendra Modi`s `Maritime Amrit Kaal 2047` vision: Karan Adani
Source: IANS
2024-07-12 01:53:39 pm
Historic moment: First mothership officially received at Adani Group's Vizhinjam Port Marking a momentous occasion in the port history of India, Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, state Chief Minister Pinarayi Vijayan and Karan Adani, Managing Director of Adani Ports and SEZ Ltd (APSEZ), on Friday officially received the first mothership at Vizhinjam Port here.  The chief guests arrived near the mothership and released balloons. There was a water salute too, marking the official welcome of the mothership at the country’s first t...
Historic moment: First mothership officially received at Adani Group's Vizhinjam Port
Historic moment: First mothership officially received at Adani Group's Vizhinjam Port
Source: IANS
2024-07-12 10:28:14 am
India`s Adani Ports to invest $1.2 billion in transshipment terminal, Bloomberg News reports India's Adani Ports and Special Economic Zone plans to ramp up its investment to 100 billion rupees ($1.20 billion) to boost its southern India transshipment container port, Bloomberg News reported on Thursday. The investment in Vizhinjam port in the state of Kerala is part of the second phase of the project that is expected to finish by 2028, the report, which cited people with knowledge of the matter, added. Construction of the $900 million port had seen a four month-long standsti...
India`s Adani Ports to invest $1.2 billion in transshipment terminal, Bloomberg News reports
India`s Adani Ports to invest $1.2 billion in transshipment terminal, Bloomberg News reports
Source: Reuters
2024-07-12 09:12:52 am
Historic Day for Vizhinjam Port: Gautam Adani on 1st mothership vessel`s arrival Gautam Adani, Chairman of the Adani Group, on Thursday said it is a historic day for Adani Group's Vizhinjam Port which received its first mothership.   ‘San Fernando’, a vessel of the world’s second-largest shipping company Maersk, arrived at the Vizhinjam Port with over 2,000 containers on it. "Historic Day as Vizhinjam welcomes its 1st container vessel," Gautam Adani posted on X social media platform. "This milestone marks India's entr...
Historic Day for Vizhinjam Port: Gautam Adani on 1st mothership vessel`s arrival
Historic Day for Vizhinjam Port: Gautam Adani on 1st mothership vessel`s arrival
Source: IANS
2024-07-11 04:16:42 pm
Skilling, healthcare among our top priorities to empower millions, says Gautam Adani Gautam Adani, the Chairman of the Adani Group, said on Monday the company strives to do its part to leave a small positive mark on this world by providing skilling, healthcare, nutrition and more.  In an address to its shareholders, the Group Chairman said at the Adani Foundation, each number tells a story of change, of a life empowered and of a community given an opportunity to develop. “Every evening, my wife and Chairperson of the Adani Foundation, Priti, makes it a point ...
Skilling, healthcare among our top priorities to empower millions, says Gautam Adani
Skilling, healthcare among our top priorities to empower millions, says Gautam Adani
Source: IANS
2024-06-24 04:09:46 pm
Skilling, healthcare among our top priorities to empower millions, says Gautam Adani Gautam Adani, the Chairman of the Adani Group, said on Monday the company strives to do its part to leave a small positive mark on this world by providing skilling, healthcare, nutrition and more.  In an address to its shareholders, the Group Chairman said at the Adani Foundation, each number tells a story of change, of a life empowered and of a community given an opportunity to develop. “Every evening, my wife and Chairperson of the Adani Foundation, Priti, makes it a point ...
Skilling, healthcare among our top priorities to empower millions, says Gautam Adani
Skilling, healthcare among our top priorities to empower millions, says Gautam Adani
Source: IANS
2024-06-24 02:54:15 pm
Adani Portfolio stronger than ever and our best is yet to come: Chairman Gautam Adani, the Chairman of the Adani Group, said on Monday that with record results, robust cash positions and the lowest debt ratios in its history, the Adani Portfolio’s path ahead is illuminated with the promise of even greater accomplishments.  The Group achieved an unprecedented milestone in the fiscal 2023-24. “We recorded our highest EBITDA of Rs 82,917 crore -- or approximately $10 billion -- a remarkable surge of 45 per cent. This exceptional performance dro...
Adani Portfolio stronger than ever and our best is yet to come: Chairman
Adani Portfolio stronger than ever and our best is yet to come: Chairman
Source: IANS
2024-06-24 02:24:33 pm
Headwinds that tested us became very ones that made us even stronger: Gautam Adani The headwinds that tested us became the very ones that made us even stronger, Gautam Adani, the Chairman of the Adani Group, told shareholders on Monday, stressing that no challenge could weaken the foundations of the Group.  Addressing the Adani Enterprises' Annual General Meeting (AGM), Gautam Adani said that they were faced with baseless accusations made by a foreign short seller who questioned their decades of hard work. "In the face of an unprecedented attack on our i...
Headwinds that tested us became very ones that made us even stronger: Gautam Adani
Headwinds that tested us became very ones that made us even stronger: Gautam Adani
Source: IANS
2024-06-24 12:45:27 pm
World is witnessing the rise of India` this is India`s moment: Gautam Adani  Amid the geopolitical tensions and uncertainties that are straining global relationships, the world is witnessing the rise of India and this is India's moment, Gautam Adani, the Chairman of the Adani Group, told shareholders on Monday.   Addressing the Adani Enterprises' Annual General Meeting (AGM), Gautam Adani said India is now the force for stability, cooperation and progress in a complex world. "And it is India's macroeconomic stability and ambitious gro...
World is witnessing the rise of India` this is India`s moment: Gautam Adani
World is witnessing the rise of India` this is India`s moment: Gautam Adani
Source: IANS
2024-06-24 11:55:39 am
There has never been a better time to be an Indian: Gautam Adani There has never been a better time to be an Indian, and within the next decade, India will start adding a trillion dollars to its GDP every 12 to 18 months, putting us on track to be a $30 trillion economy by 2050, Gautam Adani, the Chairman of the Adani Group, said on Wednesday.  Delivering the keynote at the Crisil Ratings’ ‘Annual Infrastructure Summit’, Gautam Adani said it took India 58 years to get to its first trillion dollars of GDP, 12 years to get to the ne...
There has never been a better time to be an Indian: Gautam Adani
There has never been a better time to be an Indian: Gautam Adani
Source: IANS
2024-06-19 12:48:46 pm
Adani Group to build 570 MW green hydro plant in Bhutan, to collaborate on infra projects: Gautam Adani Gautam Adani, Chairman of the Adani Group, on Sunday announced the signing of an agreement with Bhutan for a 570 MW green hydro plant, along with collaborating on transformative infrastructure initiatives in the neighbouring country.  Gautam Adani met Bhutan King Jigme Khesar Namgyel Wangchuck and Prime Minister Dasho Tshering Tobgay in Thimphu. "Absolutely fascinating meeting with Dasho Tshering Tobgay, Hon. Prime Minister of Bhutan. Signed an MoU with Druk Green Power Corpor...
Adani Group to build 570 MW green hydro plant in Bhutan, to collaborate on infra projects: Gautam Adani
Adani Group to build 570 MW green hydro plant in Bhutan, to collaborate on infra projects: Gautam Adani
Source: IANS
2024-06-17 09:19:21 am
Adani Defence & Aerospace, UAE`s EDGE Group collaborate across strategic defence & military domains Adani Defence and Aerospace on Tuesday signed a landmark agreement with EDGE Group, the leading advanced technology and defence group in the UAE, to collaborate across strategic defence and military domains, combining their expertise in missiles, weapons, unmanned platforms, and cyber systems.  The pact, signed in the presence of Gautam Adani, Chairman of the Adani Group, will explore the establishment of R&D facilities in India and the UAE, along with the setting up of develo...
Adani Defence & Aerospace, UAE`s EDGE Group collaborate across strategic defence & military domains
Adani Defence & Aerospace, UAE`s EDGE Group collaborate across strategic defence & military domains
Source: IANS
2024-06-11 02:23:03 pm
India`s Adani Group rallies on infrastructure bets as PM Narendra Modi seen retaining power Shares of three Adani Group companies hit record highs Monday amid a broad-based rally in the infrastructure-focussed Indian conglomerate after exit polls predicted a third straight term for Prime Minister Narendra Modi's government. The 10-company conglomerate, led by billionaire Gautam Adani, has invested billions of dollars in mining, ports, trading, electricity and gas among other sectors to benefit from the Modi government's emphasis on infrastructure development. On the da...
India`s Adani Group rallies on infrastructure bets as PM Narendra Modi seen retaining power
India`s Adani Group rallies on infrastructure bets as PM Narendra Modi seen retaining power
Source: Reuters
2024-06-03 04:14:28 pm
Gautam Adani meets Japanese envoy, says his support for India `truly inspiring` Gautam Adani, Chairman of the Adani Group, said on Wednesday that he met Hiroshi Suzuki, Ambassador of Japan to India, adding that the envoy's appreciation for India's culture and his tremendous support for the country are "truly inspiring".  In a post on X, Gautam Adani said he is grateful for Suzuki’s visit to the company’s Mundra Port and Khavda (in Gujarat) where Adani Green Energy Ltd (AGEL) is developing the world's largest renewable energy proj...
Gautam Adani meets Japanese envoy, says his support for India `truly inspiring`
Gautam Adani meets Japanese envoy, says his support for India `truly inspiring`
Source: IANS
2024-05-30 09:45:25 am
India`s Paytm says not in talks to sell stake Indian digital payments firm Paytm said on Wednesday that it was not in talks to sell a stake, contrary to what a media report had said earlier in the day. Gautam Adani, Indian billionaire and chairman of ports-to-power conglomerate Adani Group, is in talks with Paytm founder Vijay Shekhar Sharma to acquire a stake, the Times of India had reported, citing sources familiar with the matter. "We hereby clarify that the abovementioned news item is speculative and the company is not eng...
India`s Paytm says not in talks to sell stake
India`s Paytm says not in talks to sell stake
Source: Reuters
2024-05-29 09:14:40 am
Gautam Adani meets new British envoy to India, wishes her to boost bilateral ties Gautam Adani, Chairman of the Adani Group, on Thursday, met Lindy Cameron, the new British High Commissioner to India, and wished her the best in continuing to enhance relations between the two countries. In a post on X, Gautam Adani said it was an honour to meet and hear from Cameron on a wide range of subjects. "Fascinating to learn about a wide set of topics ranging from her tenure across the world, including Iraq and Afghanistan, to cybersecurity, the future of nuclear and so m...
Gautam Adani meets new British envoy to India, wishes her to boost bilateral ties
Gautam Adani meets new British envoy to India, wishes her to boost bilateral ties
Source: IANS
2024-05-02 05:47:27 pm
Adani Power logs 37 per cent revenue growth in FY24, consolidated PBT more than doubled Adani Power on Wednesday reported 37 per cent growth (year-on-year) in revenue at Rs 50,960 crore for FY24, as continuing EBITDA more than doubled to Rs 18,789 crore. Consolidated profit before tax (PBT) for FY24 more than doubled to Rs 20,792 crore as compared to Rs 7,675 crore in the previous fiscal year. For the fourth quarter (Q4), the revenue surged 29 per cent to Rs 13,787 crore (on-year), and EBITDA more than doubled to Rs 5,273 crore, the company said in a statement. Consolid...
Adani Power logs 37 per cent revenue growth in FY24, consolidated PBT more than doubled
Adani Power logs 37 per cent revenue growth in FY24, consolidated PBT more than doubled
Source: IANS
2024-05-02 09:31:43 am
Australian envoy to India discusses future collaborations with Gautam Adani  Australia's High Commissioner to India, Philip Green, on Friday said he met Adani Group's Founder and Chairman, Gautam Adani, and had a detailed discussion that not only focused on existing investments but also future collaborations in various fields like renewable energy and critical minerals, among others. In a post on X, the Australian envoy said he had an "extended meeting" with the Adani Group Chairman. "I had an extended meeting with Chairman Gautam Ad...
Australian envoy to India discusses future collaborations with Gautam Adani
Australian envoy to India discusses future collaborations with Gautam Adani
Source: IANS
2024-04-06 10:10:35 am
Adani Group becomes India`s 1st `das hazari` in renewables sector with over 10,000 MW portfolio  In a first for the country, Adani Green Energy Limited (AGEL), on Wednesday, said that it has surpassed 10,000 megawatts (MW) of operational portfolio, delivering reliable, affordable and clean power to the national grid. AGEL’s 10,934 MW operational portfolio will power more than 5.8 million homes and help avoid about 21 million tonnes of CO2 emissions annually, moving towards the goal of 45,000 GW of renewable energy by 2030. "We are proud to be India’s first &#...
Adani Group becomes India`s 1st `das hazari` in renewables sector with over 10,000 MW portfolio
Adani Group becomes India`s 1st `das hazari` in renewables sector with over 10,000 MW portfolio
Source: IANS
2024-04-03 09:48:16 am
Adani Total Gas kicks off production at Barsana Biogas Plant towards green future  In a bid to create a sustainable and green future, Adani TotalEnergies Biomass Limited (ATBL), a wholly-owned subsidiary of Adani Total Gas Limited (ATGL), on Sunday said it has commissioned operations at phase 1 of its Barsana Biogas Plant, located at Mathura in Uttar Pradesh. This plant will be India’s largest agri waste-based bio-CNG plant after reaching full design capacity at phase 3. The project cost for all three project phases for the Barsana Biogas plant would be in...
Adani Total Gas kicks off production at Barsana Biogas Plant towards green future
Adani Total Gas kicks off production at Barsana Biogas Plant towards green future
Source: IANS
2024-04-01 09:54:45 am