Adani Group News

Companies

Adani-EdgeConneX JV partners with 8 global banks with ₹11,520 crore, setting grounds for green data centres

AdaniConneX, a collaboration between Adani Enterprises and EdgeConneX, has secured India’s largest sustainability-linked financing, totaling up to ₹11,520 crore. This milestone funding, led by international banks, aims to expand eco-friendly digital infrastructure across India.

1 min read28 Apr 2024
Markets

SEBI finds Adani offshore funds in-violation of shareholding disclosures, breach of investment limits: Report

SEBI finds Adani offshore funds in-violation of shareholding disclosures, breach of investment limits.

1 min read22 Apr 2024
Companies

Adani Doubles Down on Cement: Gautam Adani infuses ₹6,661 crore to boost stake in Ambuja Cements to 66.7%

Indian billionaire Gautam Adani and his family injected $799 million to increase its stake in Ambuja Cements Ltd. as the business tycoon showed signs of confidence in its cement business amid the country’s infrastructure boom.

1 min read28 Mar 2024
Markets

Huge Upside! Ventura expects an almost 60% rise in Adani Energy Solutions in the next 2 years

Ventura Securities has initiated coverage on Adani Energy Solutions with a buy rating and a target price of ₹1,600 in the next 24 months, indicating an upside potential of over 58 percent.

5 min read21 Mar 2024
Companies

Adani bonds and stocks plunge on news of US bribery probe

Adani Ports & Special Economic Zone Ltd’s 2041 bond saw the biggest drop, plunging 2.4 cents to 79.1 cents, its steepest decline since August 2023.

1 min read18 Mar 2024
Companies

US probing Adani Group over potential bribery, company denies foul

The investigation, led by the US Attorney’s Office for the Eastern District of New York and the Justice Department’s fraud unit in Washington, is probing whether an Adani entity is linked to the company was involved in paying officials in India for favourable treatment on an energy project.

1 min read16 Mar 2024
Companies

Adani Group’s $2.1 billion Navi Mumbai Airport to boost India’s aviation ambitions

Adani Group’s $2.1 billion Navi Mumbai Airport to boost India’s aviation ambitions

6 min read15 Mar 2024
Markets

Adani Group stocks recoup losses, rally up to 10% today; Adani Energy, Adani Green shares top gainers in the pack

Adani Energy Solutions was the top gainer among the pack with an over 10% rally, followed by Adani Green Energy and Adani Total Gas shares up more than 9% each.

1 min read14 Mar 2024
Markets

Adani Group stocks fall up to 13%; Adani Green, Adani Ent, Adani Ports shares top losers

Adani Enterprises was the top loser on the Nifty 50 index, dropping more than 6%. The stock has fallen over 9% in one week.

1 min read13 Mar 2024
Companies

Adani Enterprises Dubai arm acquires France-based Le Marche Duty Free SAS for €5,000

This strategic move aims to bolster the company’s presence and growth within the duty-free industry. Adani Enterprises emphasized the significance of this acquisition in a filing to the exchange, highlighting its alignment with the expansion goals of Mumbai Travel Retail Private Limited.

1 min read6 Mar 2024
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