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Mumbai: Adani Enterprises, the flagship company of the Adani Group, is gearing up for another round of major value unlocking by listing multiple subsidiaries-including airports, metals, roads, and data centres-between 2027 and 2031, according to sources aware of the development. Over the next three years, the company expects several large assets to mature, setting the stage for fresh listings. This follows the trajectory from 2016 to 2020, when a host of companies under the incubator-Adani Tota ...Read More >
Ahmedabad, Nov 4 (SocialNews.XYZ) Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Tuesday reported robust results for the July-September quarter and the first six months of the current fiscal (FY26), clocking an impressive 84 per cent increase in Q2 net profit at Rs 3,199 crore. The AEL Board approved a partly paid-up rights issue of Rs 25,000 crore for strengthening its balance sheet further to support the next phase of incubation. Consolidated EBITDA stood at Rs 7,68 ...Read More >
Mumbai: Mutual funds, insurers, and banks have been stepping up investments in long-term corporate bonds issued by the Adani Group, which has raised around ₹13,750 crore over the past year across five of its companies, market data showed. The group's bond sales make up more than a tenth of all corporate bonds issued in India over the past one year. In the 12 months to October 2025, the group has tapped the domestic bond market 10 times, with five issuances carrying maturities of 10 years or mor ...Read More >
New Delhi, Oct 26 (PTI) Life Insurance Corporation of India's investment in Adani group companies may be under the spotlight, but recent data shows that some of the largest investments in entities controlled by billionaire Gautam Adani have come not from the state insurer but from major US and global insurers. In June 2025, a month after USD 570 million (Rs 5,000 crore) investment by Life Insurance Corporation (LIC) in Adani Ports & SEZ, US-based Athene Insurance led a Rs 6,650 crore (USD 750 m ...Read More >
The announcement comes at a time when US President Donald Trump has been asking American companies to prioritise domestic investment. India has emerged as a key destination for AI data centres. The country's low data costs and rapidly growing internet user base have made it a hub for cloud and AI expansion for tech giants. Alphabet CEO Sundar Pichai said the facility "will bring our industry-leading technology to enterprises and users in India, accelerating AI innovation and driving growth acr ...Read More >
Adani Group Chairman Gautam Adani announced the construction of a new ropeway to Kedarnath Dham, aiming to simplify and enhance the safety of the pilgrimage for devotees. The portals of Kedarnath Dham are scheduled to close for winter on October 23, with Badrinath Dham's closure set for November 25. Adani Group Chairman Gautam Adani on Wednesday announced the construction of a new ropeway to Kedarnath Dham, aimed at making the pilgrimage easier and safer for devotees. He expressed pride in bei ...Read More >
A Delhi court has transferred journalist Paranjoy Guha Thakurta's appeal in a defamation case filed by Adani Enterprises Limited (AEL) to the district court, with a hearing scheduled for September 23. This follows the same court's decision on September 18 to overturn an earlier order that had directed journalists to remove allegedly defamatory content against AEL. A Delhi court on Monday transferred the appeal of journalist Paranjoy Guha Thakurta to the district court which on September 23 hear ...Read More >
New Delhi: The Delhi High Court on Friday ordered status quo on the removal of social media posts on Adani Group of Companies by senior journalist Ravish Kumar and digital news platform Newslaundry. Justice Sachin Datta took note of the submissions of Adani Enterprises that it will not be asking Kumar and Newslaundry to take down any more content from their sites or any other intermediary, as existing at 12 noon, September 26. "It is agreed that in case the petitioners have already taken down ...Read More >
New Delhi, Sep 26 (PTI) The Delhi High Court on Friday ordered status quo on the removal of social media posts on Adani Group of Companies by senior journalist Ravish Kumar and digital news platform Newslaundry. Justice Sachin Datta take note of the submissions of Adani Enterprises that it will not be asking Kumar and Newslaundry to take down any more content from their sites or any other intermediary, as existing on 12 noon, September 26. "It is agreed that in case the petitioners have alread ...Read More >
Adani Enterprises secures a project from National Highways Logistics Management. The project involves building a ropeway connecting Sonprayag and Kedarnath. Investment for the project is ₹4,081 crore. This 12.9 km ropeway aims to reduce travel time to Kedarnath significantly. The ropeway will operate under a Public-Private Partnership. Construction is expected to take six years. Adani Enterprises Ltd on Monday announced that the company received a Letter of Award from the National Highways Log ...Read More >
New Delhi: Gautam Adani-led Adani Enterprises Ltd has announced that the company received a Letter of Award from the National Highways Logistics Management Ltd. for building the ropeway project connecting Sonprayag with Kedarnath. According to the company, the project will involve investment of Rs 4,081 crore. Once completed, the ropeway will reduce travel time to Kedarnath from an arduous 9-hour trek to just 36 minutes. Commenting on the development, Gautam Adani, Chairman of the Adani Group, ...Read More >
Kolkata, Sep 16 (PTI) Economist and former CPI(M) leader Prasenjit Bose joined the Congress during a programme in the metropolis, and asserted that he would support the party in its fight to "save the Constitution". Bose (51) became a part of the Congress at a formal joining ceremony here on Monday in the presence of party leaders Ghulam Ahmad Mir, Syed Naseer Hussain and Kanhaiya Kumar, besides state unit president Subhankar Sarkar. "We have to protect the Constitution, establish a government ...Read More >
Cloudburst in Dehradun News: Dehradun experienced cloudbursts in Sahastradhara, leading to swollen rivers and damaged shops. Chief Minister Pushkar Singh Dhami reported rescue operations by police and SDRF. In Rishikesh, the Chandrabhaga river overflowed due to heavy rainfall, flooding the highway and trapping vehicles. SDRF successfully rescued three people stranded in the river, ensuring their safety. The local administration is monitoring the situation. ...Read More >
Adani Enterprises Ltd (AEL), the flagship firm of the Adani Group, announced on Monday that it has secured a Letter of Award (LoA) from the National Highways Logistics Management Ltd (NHLML) to develop the Sonprayag-Kedarnath ropeway in Uttarakhand. The project, worth Rs 4,081 crore, will be executed by AEL's Roads, Metro, Rail and Water (RMRW) division. Journey time to shrink drastically The 12.9 km ropeway aims to transform one of India's most difficult pilgrimages by cutting down the curren ...Read More >
Ahmedabad (Gujarat) [India] September 15 (ANI): Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Monday said it has received a Letter of Award (LoA) from the National Highways Logistics Management Ltd (NHLML) to develop the ropeway project between Sonprayag and Kedarnath in Uttarakhand. It will invest Rs 4,081 crore in the project, to be executed by AEL's Roads, Metro, Rail and Water (RMRW) division. The 12.9 km ropeway is expected to transform one of India's most challe ...Read More >
NEW DELHI: Adani Group will build a 12.9-km-long ropeway between Sonprayag and Kedarnath at a cost of Rs 4,081 crore that will cut the journey from current 8-9 hours to just 36 minutes. Adani Enterprises Monday said it has received the letter of award (LoA) for this project and it will develop the same in six years on PPP mode on a revenue share with National Highways Logistics Management Ltd (NHLML), with a capacity to carry 1,800 passengers per hour per direction.The project will be executed b ...Read More >
Ahmedabad (Gujarat) [India] September 15 (ANI): Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Monday said it has received a Letter of Award (LoA) from the National Highways Logistics Management Ltd (NHLML) to develop the ropeway project between Sonprayag and Kedarnath in Uttarakhand. It will invest Rs 4,081 crore in the project, to be executed by AEL's Roads, Metro, Rail and Water (RMRW) division. The 12.9 km ropeway is expected to transform one of India's most challe ...Read More >
Domestic equities marked a second consecutive week of gains, propelled by a surge in IT stocks following positive remarks from Donald Trump on India and Infosys' share buyback announcement. The NSE Nifty closed above 25,000, fueling optimism for further gains, while the Volatility Index declined, signaling reduced market risk. Domestic equities posted gains for a second week, led by upsides in beaten-down information technology (IT) shares following Donald Trump's conciliatory remarks on India ...Read More >
New Delhi: The city of Nagpur is all set to witness a major industrial boost as two India's biggest companies (Reliance and Adani Group) have made fresh investment commitments to the Maharashtra government. Adani Enterprises Limited will invest Rs 70,000 crore to establish an integrated coal surface gasification downstream derivatives project at Linga village in Kalmeshwar in Nagpur district. According to the reports, the investment will create 30,000 direct jobs. Reliance Consumer Products Lim ...Read More >
Mumbai (Maharashtra) [India], May 16 : Domestic indices opened flat on Tuesday morning as losses in financial and construction stocks dragged the key indices. Investors are keeping a wait-and-watch mode for the various earning announcements of companies such Bharti Airtel, Bank of Baroda, Indian Oil and V-Mart Retail lined for the day. BSE Sensex opened 91 points lower to 62,254.21 while NSE Nifty dropped 16.70 points to 18,382.15 at 10.50 am on Tuesday morning. The top gainers on Nifty 50 we ...Read More >
Mumbai: Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has agreed to acquire a 100% stake in DP Jain TOT Toll Roads Pvt Ltd (DPJTOT) for an enterprise value of ₹1,342 crore. The share purchase agreement between the parties entails Adani acquiring the stake from DPJTOT, D P Jain & Co Infrastructure Pvt Ltd, and DPJDRA Tollways Pvt Ltd, Adani Enterprises said in a regulatory filing on Friday. The deal is subject to regulatory approvals and fulfilment of customar ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >
New Delhi, Sep 5 (PTI) Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore. JAL, which has interests in real estate, cement, power, hotels and roads, has been dragged into insolvency proceedings after it defaulted on payment of loans. Lenders of JAL conducted a chall ...Read More >
Ahmedabad (Gujarat) [India], September 5 (ANI): Sardar Vallabhbhai Patel International (SVPI) Airport, Ahmedabad, now boasts of a state-of-the-art Integrated Cargo Terminal (ICT). This modern terminal with over 20,000 sq m of operational area and enhanced capacity to handle cargo up to 200,000 MT annually represents a significant step up in scale and efficiency, replacing the existing set-up with a capacity of 50,000 MT/year. Also Read | Prateik Smita Patil and Priya Banerjee Claim They Have F ...Read More >
The Adani Group has significantly increased its reliance on Indian lenders, with domestic banks and financial institutions now responsible for half of its staggering debt, which exceeds Rs 2.6 lakh crore, The Times of India reported on August 25. This marks a notable rise from 40% just a year ago, as the conglomerate navigates a changing financial landscape characterised by lower local funding costs and improved credit ratings, ToI's report (by Mayur Shetty) said. In the twelve months leading u ...Read More >
Jaipur, Aug 28 (PTI) The Rajasthan High Court on Thursday cancelled the contentious police sub-inspector recruitment exam-2021 owing to paper leak. Justice Sameer Jain in a detailed judgment cancelled the exam 2021 which was the bone of contention for both BJP and Congress governments in the state. "Illegality and fraud on the system was so conspicuous. It is strange that the state government did not take action any decision on the subject. The court's decision hopefully will act as a deterren ...Read More >
New Delhi: Wilmar International, through its arm Lence Pte, has sought approval from the fair trade regulator CCI to acquire a 20 per cent stake in AWL Agri Business Ltd from the Gautam Adani-led Adani group.The move came after Adani Group last month announced that it had sold a 20 per cent stake in AWL Agri Business (formerly Adani Wilmar Ltd) to Singapore-based Wilmar International for Rs 7,150 crore, as part of its decision to exit the FMCG business and focus on its infrastructure vertical. ...Read More >
New Delhi, Aug 4 (PTI) Adani Group on Monday said it is not exploring any tie-up with Chinese firms such as BYD for battery manufacturing and clean energy technology. In a stock exchange filing, Adani Enterprises Ltd, the group's flagship firm, said reports of a tie-up with Chinese companies BYD and Beijing WeLion New Energy Technology are incorrect. "The Adani Group is not exploring any form of collaboration with BYD for battery manufacturing in India," it said. "Similarly, we are not engaged ...Read More >
Leh, July 18: Veteran BJP leader and former Deputy Chief Minister of Jammu and Kashmir Kavinder Gupta, was sworn as the 3rd Lieutenant Governor of Ladakh.Dressed in traditional Ladakhi attire, Gupta took the oath of office in a solemn ceremony held in Leh, administered by Justice N. Kotiswar Singh, Chief Justice of the High Court of J&K and Ladakh.Welcoming this new chapter in Ladakh's journey, Gupta emphasized service over power, declaring Ladakh deserves dignity, development, and a voice. "I'm ...Read More >
Mumbai: Dubai-based Shajaeatan Investment FZCO led the buying in AWL Agri Business (formerly Adani Wilmar) on Friday, acquiring 8.52% for ₹3,050 crore. Other buyers included Quant Mutual Fund, IDFC MF, Bandhan MF, Jupiter Fund Management, Morgan Stanley Asia Singapore, Susquehanna International, Franklin Templeton, Vanguard, and Singapore's Duro Capital. Adani Commodities LLP, a subsidiary of Adani Enterprises, sold approximately 10% stake - 13.54 crore shares - for ₹3,732 crore via block deals ...Read More >
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