Gautam Adani: News
25 Jun 2024
Adani GroupAdani announces ₹1.3 lakh crore investment in group companies
The Adani Group has disclosed plans to invest approximately ₹1.3 lakh crore across its portfolio companies in the current fiscal year, as part of a $100 billion investment strategy over the next 7-10 years.
24 Jun 2024
Adani Group'Two-sided attack': Gautam Adani addresses Hindenburg controversy at AGM 2024
Gautam Adani, Chairman of the Adani Group, addressed the controversial Hindenburg incident at the conglomerate's 32nd annual general meeting.
23 Jun 2024
Mukesh AmbaniGautam Adani's FY24 salary lower than his own top executives
Gautam Adani, a leading Indian industrialist, earned a total salary of ₹9.26 crore in the fiscal year ending March 31, 2024.
31 May 2024
Adani GroupPaytm shares hit upper circuit for third consecutive day
One97 Communications, the parent company of Paytm, saw its shares surge to a 5% upper circuit for the third straight session on Friday morning.
29 May 2024
Adani GroupAdani Group increases ownership in Adani Enterprises and Adani Green
The Adani Group, under the leadership of Gautam Adani, has increased its stakes in Adani Enterprises and Adani Green Energy.
29 May 2024
Adani GroupGautam Adani discusses Paytm stake purchase with Vijay Shekhar Sharma
Gautam Adani, chairman of the Adani Group, is in talks with Vijay Shekhar Sharma, founder and CEO of Paytm, to acquire a stake in One 97 Communications, the parent company of Paytm.
28 May 2024
Adani GroupAdani Enterprises board approves ₹16,600 crore fundraising plan
Billionaire Gautam Adani-led Adani Enterprises has announced a significant fundraising plan, approved by its board of directors.
28 May 2024
Abu DhabiAdani Enterprises board convenes to discuss fundraising plans
Adani Enterprises, led by billionaire Gautam Adani, has announced a board meeting today to discuss potential fundraising options.
24 May 2024
Adani GroupAdani Enterprises stock recovers from $30bn losses following Hindenburg report
Adani Enterprises Ltd, the principal company of Adani Group, has successfully recouped over $30 billion in losses.
23 May 2024
WiproAdani Enterprises set to replace Wipro in BSE Sensex
Adani Enterprises is poised to replace Wipro in the BSE Sensex, as per a note from IIFL Alternative Research.
12 May 2024
Adani GroupAdani Enterprises announces ₹80,000 crore investment plan for FY25
Adani Enterprises, the principal company of the Gautam Adani-led group, has unveiled plans to invest ₹80,000 crore across its varied businesses in the current fiscal year.
06 May 2024
Adani GroupAdani Group negotiates $600 million loan for gas subsidiary
Gautam Adani's multinational corporation, Adani Group, is reportedly in talks to secure an offshore loan of approximately $600 million.
03 May 2024
BusinessAdani Green's Q4 profit plummets 70% to ₹150 crore
Gautam Adani's Adani Green Energy has reported a significant 70% year-on-year (YoY) decrease in its consolidated net profit for the quarter ending March 2024, falling to ₹150 crore.
03 May 2024
Adani GroupSEBI issues show-cause notices to six Adani Group companies
The Securities and Exchange Board of India (SEBI) has issued show-cause notices to six companies of the Adani Group.
02 May 2024
Adani GroupAdani Enterprises's Q4 net profit declines 38% to ₹451 crore
Gautam Adani-led Adani Enterprises has announced a significant 38% year-on-year decrease in its consolidated net profit for the fourth quarter ending March 2024.
01 May 2024
Adani GroupAdani Wilmar's Q4 net profit surges 59% to ₹156 crore
Adani Wilmar, a joint venture between Adani Enterprises and Wilmar International, has reported a significant 59% increase in its standalone net profit for the quarter ending March 31, 2024.
01 May 2024
BusinessAmbuja Cements's Q4 profit soars 64% to ₹1,055 crore
Ambuja Cements, owned by Gautam Adani, has reported a significant 64% increase in its consolidated net profit for the March quarter, amounting to ₹1,055 crore.
09 Apr 2024
Adani GroupAdani Green in talks for $400 million offshore loan
Adani Green Energy Ltd., a subsidiary of billionaire Gautam Adani's extensive business conglomerate, is reportedly negotiating an offshore loan of approximately $400 million.
18 Mar 2024
Adani GroupWhy all Adani stocks are trading in red today
In a major setback to Adani Group, all 10 companies that are part of conglomerate have experienced a rout on stock market.
11 Mar 2024
Adani GroupGautam Adani, Qualcomm CEO discuss India's potential in semiconductors, AI
Gautam Adani, head of Adani Group has discussed India's possibilities in semiconductors, AI, and mobility with his counterpart at Qualcomm, Cristiano Amon.
26 Feb 2024
Adani GroupAdani, Uber explore partnership to launch EVs in India
The Adani Group is said to be in talks with ride-sharing giant Uber to develop a strategic partnership, focusing on electric passenger cars and incorporating Uber services into Adani One, as reported by The Economic Times.
13 Feb 2024
Securities and Exchange Board of IndiaAdani-Hindenburg case: Review petition filed against Supreme Court's clean chit
A review petition has challenged the Supreme Court's decision to support the Securities and Exchange Board of India (SEBI) investigation into the Adani-Hindenburg case.
08 Feb 2024
Adani GroupOne year after Hindenburg row, Adani's fortune hits $100B again
Gautam Adani's net worth has soared to $100.7 billion, rejoining the exclusive group of tycoons around the world with fortunes over $100 billion.
21 Jan 2024
Narendra ModiRam Mandir construction in-charge shares post-Pran Pratishtha plans
The Ram Mandir in Ayodhya, Uttar Pradesh, is set to hold the Pran Pratishtha (consecration) ceremony of Lord Ram Lalla's idol on Monday in the presence of over 7,000 guests, including politicians, religious leaders, and celebrities.
11 Jan 2024
Mukesh AmbaniMukesh Ambani enters $100bn club, surpasses Adani as Asia's richest
Mukesh Ambani, the Chairperson of Reliance Industries, has once again pipped Gautam Adani, the Chairperson of Adani Group, to become Asia's richest person.
10 Jan 2024
Narendra ModiIndia to become developed nation in 25 years: PM Modi
Prime Minister Narendra Modi on Wednesday said that India will become a developed nation in the next 25 years.
10 Jan 2024
GujaratVibrant Gujarat Global Summit 2024: Key investments announced today
The 10th edition of the Vibrant Gujarat Global Summit 2024 kicked off in Gandhinagar earlier today.
10 Jan 2024
Adani GroupAdani to invest Rs. 2L crore in Gujarat in 5yrs
Adani Group will invest Rs. 2 lakh crore in Gujarat over the next five years, said Chairperson Gautam Adani, at the Vibrant Gujarat Global Summit 2024, today.
05 Jan 2024
Mukesh AmbaniGautam Adani once again becomes India's richest person
Gautam Adani, the Chairperson of the Adani Group, has surpassed Mukesh Ambani, the Chairperson of Reliance Industries, to reclaim the title of India's richest person.
03 Jan 2024
Adani GroupGautam Adani becomes Adani Ports's Executive Chairman following management rejig
Adani Ports and SEZ, the maritime and logistics division of the Adani Group, has revealed a major shake-up in its top leadership.
29 Dec 2023
Bloomberg Billionaires IndexRichest 500 people rebound with $1.5 trillion gain in 2023
The world's 500 wealthiest individuals saw their combined net worth skyrocket by $1.5 trillion in 2023, according to the Bloomberg Billionaires Index.
26 Dec 2023
Adani GroupAdani Green Energy to receive Rs. 9,350cr investment from promoters
Adani Green Energy has announced that its promoters will inject Rs. 9,350 crore into the company through preferential issuance of warrants priced at Rs. 1,480.75 each.
11 Dec 2023
Adani GroupAdani Green to raise $410mn via bond issuance: Here's why
Adani Green Energy Ltd. is set to raise around $410 million (approximately Rs. 3,420 crore) through a new bond issuance, as reported in a Singapore stock exchange filing.
04 Dec 2023
Adani GroupGautam Adani's fortune grows by $5.6B in just 6 days
Gautam Adani's net worth has increased by $5.6 billion since Tuesday as Adani Group's stocks rallied after the conclusion of hearings in a case involving allegations of corporate wrongdoing against the conglomerate
24 Nov 2023
Adani GroupSEBI assures SC of timely conclusion of Adani Group's investigation
The Securities and Exchange Board of India (SEBI) has assured the Supreme Court that it will not request an extension to finish its investigation into billionaire Gautam Adani's group concerning the Hindenburg report.
19 Nov 2023
Gross Domestic ProductIndia's GDP crosses $4 trillion mark: Reports
India has made its way into the top four nations globally in terms of gross domestic product (GDP) after crossing the $4 trillion mark on Sunday, according to reports.
19 Nov 2023
Rahul GandhiRajasthan election: RaGa accuses PM Modi of working for Adani
Congress leader Rahul Gandhi launched a scathing attack on Prime Minister Narendra Modi on Sunday for allegedly working "round-the-clock" to benefit business magnate Gautam Adani.
17 Nov 2023
Directorate of Revenue Intelligence (DRI)Government seeks to restart probe into Adani's coal imports case
The Directorate of Revenue Intelligence (DRI) has asked the Supreme Court to restart an investigation into the Adani Group for alleged overvaluation of coal imports.
08 Nov 2023
United States of AmericaUS pours $553mn into Sri Lankan port to counter China
The US International Development Finance Corporation (DFC) has committed $553 million (about Rs. 4,603.4 crore) to finance a port terminal in Colombo, Sri Lanka, which is being developed by Gautam Adani.
