The Adani Group is under scrutiny following allegations of selling low-quality coal as high-value fuel to an Indian state power utility. The accusations, based on documents reviewed by the Financial Times (FT) and secured by...
Tag : Adani
Tata Group Outshines Ambani and Adani, Creating Wealth Surge for Investors in 2023
The year 2023 has been marked by significant shifts in market capitalization for major conglomerates. The Tata Group, a stalwart in the industry, has emerged as a beacon of success, witnessing an impressive over 30%...
Adani Green Energy Proposes ₹9,350 Crore Equity Warrants Issue to Strengthen Growth, Backed by Promoter Group
In a strategic move to fuel its ambitious growth plans, Adani Green Energy, a prominent player in India’s renewable energy sector, has announced its intention to raise ₹9,350 crore ($1.125 billion) through the issuance of...
Adani Ennore Container Terminal Receives Rs 247 Crore Investment as Terminal Investment Ltd, MSC’s Arm, Acquires 49% Stake
Adani Ports and Special Economic Zone (APSEZ) is set to strengthen its collaboration with the Mediterranean Shipping Company (MSC) as Terminal Investment Ltd (TiL), MSC’s container terminal operating arm, acquires a 49% stake in Adani...
Adani Total Gas Witnesses a 14% Decline in Two Days: Will the Stock Maintain the Rs.1,000 Level
Adani Total Gas has been experiencing a significant downturn, marking a 14.49% decline in just two trading sessions, with the stock hitting a lower circuit at Rs.1,001.95. Despite this sudden fall, the stock had surged...
Rich people Adani, Ambani & 6,000 plus Invited as guest for Ram Temple Consecration.
Mukesh Ambani and Gautam Adani, prominent industrialists, are a part of the 7,000 individuals invited to the consecration ceremony of the Ram temple in Ayodhya which is set to take place on January 22, 2024,...
Adani Group’s market capitalization surged by almost Rs.73,000 crore on 4th Dec, driven by investor enthusiasm following BJP’s electoral victories in three states, infusing confidence in continued political stability at the Centre. The Gautam Adani-led...
U.S. International Development Finance Corporation Backs $553 Million Loan for Adani-led Sri Lankan Terminal.
In a significant development, the U.S. International Development Finance Corporation (DFC) has announced a $553 million loan to Colombo West International Terminal Private Limited (CWIT), a project partially owned by the Adani Group. The funding...
Adani Group expands its business and makes a $750 million contract with Sri Lanka.
The Adani Group has entered into a $750 million worth 500-megawatt wind power project in Sri Lanka. Since the company secured 553 million in debt financing from the U.S. International Development Finance Corp. for the...
Mahua Moitra is being framed by Adani Group? Adani offered cash not to question in Parliament.
Trinamool Congress MP Mahua Moitra recently claimed in an exclusive interview with India Today that she had been approached twice by Gautam Adani, the Chairperson of the Adani Group, over the past three years, through...