Tag Archives: Adani Group

Adani Power’s subsidiary Adani Power Jharkhand Limited (APJL) has reduced its electricity supply to Bangladesh by half due to outstanding bills of $846 million. According to a report published in the newspaper ‘Daily Star’ on Friday, data from Power Grid Bangladesh PLC showed that Adani Group’s power plant had reduced …

Adani Group, led by veteran industrialist Gautam Adani, is going to buy Orient Cement. The group on Tuesday announced the acquisition of CK Birla Group’s cement company Orient Cement at a valuation of Rs 8,100 crore as part of its expansion plan. Adani Cement’s cement and construction material company Ambuja …

Adani Group and Google on Thursday announced a collaboration that will advance the companies’ collective sustainability goals and add more clean energy to India’s grid. Google announced at the ‘Google for India’ event, while Adani Group provided the details in a statement. Through this partnership, Adani will supply clean energy …

Adani Group has won the bid to supply 6,600 MW of renewable energy and thermal power to Maharashtra for the long term. The company bid Rs 4.08 per unit for this and left behind JSW Energy and Torrent Power. Sources have given this information. Two sources familiar with the matter …

Adani Group has denied a report by Hindenburg Research that Swiss authorities have frozen more than $310 million in several Swiss bank accounts as part of a money laundering and securities fraud investigation against Adani that began in early 2021. Adani Group has categorically denied this and said that there …

New Delhi. Adani Group will raise Rs 30,000 to Rs 40,000 crore from retail investors in the next 3-4 years. Its purpose is to diversify the source of funds and reduce risk. Sources familiar with the matter gave this information. Adani Enterprises, the leading company of Adani Group, has launched the …

Veteran industrialist Gautam Adani’s Adani Group has registered a 33 percent jump in pre-tax profit in the first quarter (April-June) of the current financial year (2024-25). The reason for this excellent result is the strong performance of the core infrastructure business as well as emerging businesses from solar and wind …

Adani Group has responded to the latest allegations made by Hindenburg. Adani Group has called this latest report of Hindenburg misleading. Adani Group has put forth its point on these allegations made by Hindenburg. The company has said in its official statement, “These allegations made by Hindenburg are a malicious, …

Gautam Adani’s Adani Group is once again back on the path of aggressive expansion of business. Adani Group, one of the largest business groups in the country, is expanding its business rapidly. The group is now just two steps away from making another big deal in the power sector. Adani …

Rahul Gandhi’s Allegations Against Adani: Unpacking the Controversy In a recent press conference, Rahul Gandhi, a prominent leader of the Indian National Congress, made scathing allegations against the Adani Group, accusing them of being responsible for a substantial increase in electricity prices and a massive scam amounting to 32,000 crore …