Adani Group: News
20 Dec 2024
Amit ShahOpposition boycotts Speaker's customary tea party as winter session ends
The winter session of Parliament ended on Friday amid massive protests and controversy.
17 Dec 2024
Amit ShahAdani-Andhra deal, under bribery scrutiny, was approved against officials' advice
The Andhra Pradesh government is facing flak for approving a massive solar contract with Adani Green, despite warnings from financial and energy officials.
16 Dec 2024
Gautam AdaniWhy Ambani, Adani are out of Bloomberg's $100B club
Mukesh Ambani and Gautam Adani, two of Asia's richest, have dropped out of Bloomberg's elite centibillionaires club. The change comes as both billionaires faced multiple business challenges.
16 Dec 2024
Bharatiya Janata Party (BJP)Shashi Tharoor clarifies on calling billionaire George Soros 'old friend'
Shashi Tharoor has denied any financial or political ties with United States investor George Soros after a 15-year-old post, in which the Congress MP referred to Soros as an "old friend," resurfaced.
10 Dec 2024
Dravida Munnetra Kazhagam'Disappointing conduct...': Speaker warns opposition amid Parliament standoff
The Parliament was adjourned early on Tuesday after a fierce face-off between the ruling Bharatiya Janata Party (BJP) and opposition MPs.
09 Dec 2024
RajasthanAdani Group to invest ₹7.5 lakh crore in Rajasthan
In a major boost to Rajasthan, Adani Group has announced a whopping ₹7.5 lakh crore investment plan.
09 Dec 2024
Bharatiya Janata Party (BJP)'We're patriots...': Congress refutes BJP's 'Sonia-Soros' allegations
The Bharatiya Janata Party (BJP) has raised an alarm over alleged connections between Congress leader Sonia Gandhi and Hungarian-American businessman George Soros.
09 Dec 2024
Bharatiya Janata Party (BJP)Sonia Gandhi linked to Soros Foundation-funded group: BJP's claim
The Bharatiya Janata Party (BJP) has accused Sonia Gandhi, the co-president of the Forum of the Democratic Leaders in Asia Pacific (FDL-AP) Foundation, of having links with an organization funded by the George Soros Foundation.
06 Dec 2024
Bharatiya Janata Party (BJP)'Modi ji...sansad mein aao'—Rahul's message to PM amid Adani row
Congress leader Rahul Gandhi has urged Prime Minister Narendra Modi to come to the ongoing Parliament session and answer the allegations against the Adani Group.
05 Dec 2024
Gautam Adani'Running around in colorful clothes': Rijiju on opposition's Parliament protest
Parliamentary Affairs Minister Kiren Rijiju has slammed the opposition for stalling the proceedings of the Parliament during the Winter Session.
05 Dec 2024
Aam Aadmi Party (AAP)'Modi-Adani ek hain...': Opposition MPs—including Rahul—stage protest in Parliament
Congress MPs, led by Rahul Gandhi and Priyanka Gandhi Vadra, staged an unusual protest in Parliament on Thursday.
03 Dec 2024
Gautam AdaniAdani firms make settlement offers in SEBI's public shareholding probe
Several entities linked to the Adani Group have filed settlement applications with the Securities and Exchange Board of India (SEBI) over allegations of violating public shareholding norms.
02 Dec 2024
Abhishek BanerjeeParliament session: Opposition divided on Adani issue; Trinamool skips meeting
The Trinamool Congress (TMC) skipped a key meeting of the Indian National Developmental Inclusive Alliance (INDIA) bloc leaders on Monday.
28 Nov 2024
Andhra PradeshJagan Reddy dismisses bribery allegations linked to Adani power deal
Former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has dismissed allegations of bribery in a power deal with the Adani Group.
28 Nov 2024
Indian GovernmentParliament winter session: Houses adjourned for 3rd day amid protests
The Winter Session of Parliament was disrupted for the third consecutive day on Thursday as opposition parties protested.
26 Nov 2024
Gautam AdaniMoody's turns negative on 7 Adani companies amid bribery allegations
Moody's Ratings has changed its credit rating outlook for seven Adani Group companies from 'stable' to 'negative.'
25 Nov 2024
Gautam AdaniTotalEnergies halts new investments in Adani Group amid bribery allegations
French energy conglomerate TotalEnergies has suspended new investments in Adani Group companies after the Indian firm's founder, Gautam Adani, was slapped with bribery charges.
25 Nov 2024
Om BirlaAmid ruckus, Parliament winter session adjourned till November 27
The Winter Session of Parliament, which commenced on Monday, was adjourned within minutes of assembly due to ruckus by the Opposition over the Adani bribery case.
25 Nov 2024
PoliticsAdani row: Jagan's party leader says defector signed SECI papers
A YSR Congress Party (YSRCP) leader, Chevireddy Bhaskar Reddy, has accused former Andhra Pradesh power minister Balineni Srinivas Reddy of signing important documents of the Solar Energy Corporation of India (SECI) contracts.
25 Nov 2024
Kiren RijijuWinter Session begins today: Manipur, Waqf Bill may spark uproar
The winter session of Parliament will begin on Monday and will to conclude on December 20.
24 Nov 2024
BangladeshBangladesh's interim government to probe Adani Group's energy project
Bangladesh's interim government is now examining power agreements, including one with India's Adani Group.
24 Nov 2024
KenyaAdani Group denies entering into contract to operate Kenyan airport
The Adani Group has denied allegations that it had signed a binding agreement to operate Kenya's main airport.
23 Nov 2024
Bharatiya Janata Party (BJP)BJP's Maharashtra win provides relief for Adani's $3B Dharavi project
The electoral win of the Bharatiya Janata Party (BJP)-led Mahayuti in Maharashtra has ensured the future of Gautam Adani-led group's $3 billion project.
23 Nov 2024
Gautam AdaniAdanis sold bribe-linked assets to TotalEnergies despite US probe knowledge
Gautam Adani and his nephew Sagar Adani, knew that their renewable energy firm was under US scrutiny for suspected bribery when they sold a stake in India's largest solar park to TotalEnergies, prosecutors have alleged in documents reviewed by Reuters.
22 Nov 2024
Gautam AdaniDid Adani Group hide something? SEBI probes potential disclosure violations
India's market regulator, the Securities and Exchange Board of India (SEBI), is reportedly investigating whether the Adani Group, one of the country's largest conglomerates, flouted regulations requiring the disclosure of market-moving information.
22 Nov 2024
Gautam AdaniSensex soars by 1,800 points: What is driving this rally?
The BSE Sensex has soared 1,792 points today to trade at 78,948, at the time of writing. The NSE Nifty also jumped 531 points to hover around 23,880.
22 Nov 2024
Gautam Adani'Confident' in navigating crisis: White House after Gautam Adani indictment
The White House has reacted to the recent indictment of Indian billionaire Gautam Adani, chairman of the Adani Group, in New York.
21 Nov 2024
Bharatiya Janata Party (BJP)BJP vs Congress over US department's move against Adani Group
The recent move by a United States government department to name the Adani Group in a case of alleged misconduct has sparked a political showdown between India's ruling Bharatiya Janata Party (BJP) and the opposition Congress.
21 Nov 2024
Gautam AdaniAdani Group refutes US SEC's bribery charges, plans legal recourse
The Adani Group has vehemently denied allegations by US authorities of a $250 million bribery scheme.
21 Nov 2024
Congress Party'Arrest Adani, interrogate him, Modi's name will come out': Rahul
Congress leader Rahul Gandhi on Thursday called for the immediate arrest of industrialist Gautam Adani after United States prosecutors leveled bribery and fraud charges against him.
21 Nov 2024
Gautam AdaniAdani shares crash 20% as US bribery charges rock conglomerate
Shares of Adani Group companies plunged as much as 20% on the BSE during Thursday's intra-day trade.
21 Nov 2024
Gautam AdaniAdani charged with bribery, fraud in US; arrest warrant issued
Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York for his involvement in an alleged multi-billion-dollar bribery and fraud scheme.
12 Nov 2024
Aditya Birla GroupAdani Group is planning $5B jump into metals business: Report
Adani Group is gearing up to invest $5 billion in the metals sector in the next three to five years, LiveMint reported.
09 Nov 2024
Narendra ModiPM Internship Scheme 2024 registration ends tomorrow: How to apply
The registration window for the PM Internship Scheme 2024 will close on November 10.
04 Nov 2024
BangladeshBangladesh rushes to repay debt as Adani Power cuts supply
Adani Power has drastically cut down its electricity exports to Bangladesh over an outstanding debt of over $800 million.
02 Nov 2024
BangladeshAdani halves electricity supply to Bangladesh over unpaid bills
Adani Power Jharkhand Limited (APJL), a subsidiary of Gautam Adani-led Adani Power, has reportedly slashed its electricity supply to Bangladesh by 50%.
22 Oct 2024
Securities and Exchange Board of IndiaWhy SEBI has issued a show-cause notice to Adani Group
The Securities and Exchange Board of India (SEBI) has sent a notice to the Adani Group, alleging the conglomerate wrongly classified some investors as public shareholders.
07 Oct 2024
Ministry of FinanceFinance Ministry begins search for next SEBI chief: Report
The Indian Finance Ministry has begun the search for a possible successor to Madhabi Puri Buch, the Chairperson of the Securities and Exchange Board of India (SEBI).
05 Oct 2024
Congress PartySEBI chief summoned by Parliamentary panel amid Adani controversy
The Public Accounts Committee (PAC) of the Parliament has summoned the heads of the Securities and Exchange Board of India (SEBI) and Telecom Regulation Authority of India (TRAI), for a review meeting on October 24.
02 Oct 2024
BusinessAdani Enterprises merges 2 subsidiaries into Adani New Industries
Adani Enterprises, the flagship firm of the Adani Group, has announced the merger of two of its subsidiaries with Adani New Industries Limited (ANIL).
01 Oct 2024
KenyaWhistleblower fears for life after exposing Adani's Kenyan airport deal
Nelson Amenya, the whistleblower who spilled the beans on confidential talks about a possible takeover of Kenya's Jomo Kenyatta International Airport by Adani Group, is now worried about his safety.
16 Sep 2024
BusinessREInvest 2024: Adani commits ₹4.05L crore to renewable energy projects
The Adani Group has announced a substantial investment of ₹4.05 lakh crore in renewable energy projects, at the 4th Global Renewable Energy Investors Meet & Expo (REInvest) 2024.
13 Sep 2024
ICICI BankMahua files Lokpal complaint against SEBI chief over Adani links
Trinamool Congress (TMC) MP Mahua Moitra has filed a complaint before the Lokpal against Madhabi Puri Buch, the Chairperson of the Securities and Exchange Board of India (SEBI), over allegations of misconduct and financial irregularities.
13 Sep 2024
BusinessSwitzerland freezes $310M in Adani accounts amid money laundering investigation
Swiss authorities have reportedly frozen over $310 million across multiple bank accounts, linked to an ongoing investigation into the Adani Group.
08 Sep 2024
ChinaAdani Group establishes subsidiary in China for supply chain solutions
Adani Group, a leading Indian conglomerate, has established a new subsidiary in China.
07 Sep 2024
GujaratIndian Semiconductor Mission may get $10 billion funding boost
The Indian Semiconductor Mission (ISM) is reportedly set to receive a significant funding increase of $10 billion, according to The Economic Times.
06 Sep 2024
International Monetary FundAdani urges Bangladesh to clear power bills of $800 million
Adani Power, a subsidiary of Adani Group has pledged to maintain an uninterrupted power supply to Bangladesh, despite the country's current outstanding payments surpassing $800 million (around ₹6,714 crore).
06 Sep 2024
ICICI BankPaliamentary committee to investigate allegations against SEBI chief Madhabi Buch
The Public Accounts Committee (PAC) of the Indian Parliament is preparing to investigate allegations leveled against Securities and Exchange Board of India (SEBI) chief, Madhabi Puri Buch, as per the Economic Times.
02 Sep 2024
BusinessAdani acquires major renewable energy transmission project for ₹4,091 crore
Adani Energy Solutions Ltd (AESL), a part of Adani Group companies has successfully acquired the special purpose vehicle (SPV) for the Khavda Phase IV Part-A transmission project.
02 Sep 2024
Gautam AdaniAdani Wilmar likely to acquire 3 FMCG brands for $1B
Adani Wilmar, the fast-moving consumer goods (FMCG) division of the Adani Group, is planning to invest up to $1 billion in acquiring three brands, as per HT Mint.
26 Aug 2024
Bharat Heavy Electricals Limited (BHEL)BHEL signs ₹11,000cr deal with Adani for supercritical power projects
Bharat Heavy Electricals Limited (BHEL) has secured a contract worth over ₹11,000 crore from Adani Power Limited (APL) and its subsidiary Mahan Energen Limited (MEL).
23 Aug 2024
Gautam AdaniAdani family plans $3.6B stake sale as group shares surge
The Adani family, led by billionaire Gautam Adani, is planning to raise up to $3.6 billion (around ₹30,000 crore) by selling a portion of its promoter holdings in various Adani Group companies over the next 12-18 months.
21 Aug 2024
Anil AmbaniReliance Power's stocks up 21% in 4-days: What's fueling rally?
Anil Ambani-owned Reliance Power, has witnessed a significant 21.5% increase in its share value over the past four trading sessions, to touch ₹36.14 today.
