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'After some days, the decision was changed. Don't want to go into the details. That is for the right forum,' says Anil Agarwal, chairman of Vedanta Resources. Anil Agarwal, chairman of Vedanta Resources Limited, on Sunday said the company had been declared the highest bidder for Jaiprakash Associates Ltd (JAL), but the outcome of the insolvency process was subsequently altered. In a post on X, Agarwal said the bidding process was conducted through a public auction by the committee of creditors ...Read More >
New Delhi: Anil Agarwal-owned Vedanta has moved the Supreme Court, seeking stay on the Adani Group's ₹14,500-crore debt resolution plan for now insolvent Jaiprakash Associates (JAL). Challenging the rejection of its revised bid, Vedanta told the apex court that the insolvency process lacked transparency and failed to maximise value for creditors. It alleged that the process followed by the JAL's committee of creditors in approving the plan of Adani Enterprises (AEL) was "unfair, opaque, and ine ...Read More >
New Delhi, Mar 30 (PTI) Mining giant Vedanta Ltd has moved the Supreme Court seeking a stay on the NCLT's order approving Adani Group's Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd (JAL). According to the information available on the top court's website, Vedanta filed its appeal on March 25, a day after the National Company Law Appellate Tribunal (NCLAT) refused to stay implementation of the plan. Adani Enterprises Ltd., meanwhile, has also filed a caveat in the Supreme Court, requ ...Read More >
Mumbai, Feb 24 (PTI) Up to 30 per cent of India's top-100 unlisted companies have the right business models and growth potential, making them candidates for listing on stock exchanges, a top official from Hurun India said on Tuesday. None of these companies identified in the 'JM Financial' - Hurun India Unlisted Gems 2026' have formally announced IPO plans yet. "I think some of them could (list). I think around 25-30 per cent has a potential to get listed, but they don't have IPO plans announc ...Read More >
NEW DELHI: INDIA is discussing age-based restrictions with social media companies, IT minister Ashwini Vaishnaw said Tuesday, following moves by Australia and other countries to ban young teens from popular platforms. Vaishnaw, speaking at a global artificial intelligence conference in New Delhi, also said stronger rules were needed on deepfakes, while hailing an expected $200 billion in AI investment over the next two years. Australia has since December required TikTok, YouTube, Snapchat and ...Read More >
THIRUVANANTHAPURAM: The second phase of expansion at the Vizhinjam International Port will begin in the second week of January, Ports Minister V N Vasavan announced after a review meeting on Tuesday. He said the exact date would be finalised after consultations with Chief Minister Pinarayi Vijayan and the Adani Group. Preparations for the upcoming phases of construction have already been completed. The Rs 10,000-crore investment by Adani Ports and Special Economic Zone Ltd. (APSEZ) will signif ...Read More >
Funding to support AI centres of excellence, health foundation models, Indic language technologies and clean energy partnerships. Google on Wednesday announced funding commitments of more than $15 million and a set of partnerships aimed at supporting India's artificial intelligence ecosystem, with healthcare, government-backed research, Indic language technologies and clean energy emerging as key focus areas. The announcements were made at Google's "Lab to Impact" dialogue, supported by the In ...Read More >
Next phases of construction will see an investment of ₹9,700 crore by the concessionaire. Approach road to port from National Highway-66 will also be inaugurated With the model code of conduct withdrawn after the local body elections, the Kerala government is planning to hold the inauguration of the second phase development of the Vizhinjam International Seaport in the second week of January. Speaking to the media after a review of the performance of the Vizhinjam seaport here on Tuesday, Por ...Read More >
Adani Green Energy shares rose after SEBI dropped insider trading charges against Pranav Adani, Kunal Shah, and Nrupal Shah. The regulator found that trades occurred after acquisition information was publicly available, rendering UPSI allegations unsustainable. No penalties were imposed. Shares of Adani Green Energy Ltd (AGEL) jumped 1.5% to their day's high of Rs 1,055.50 on Monday, December 15, following the closure of insider trading proceedings by the Securities and Exchange Board of India ...Read More >
Mumbai: The Securities and Exchange Board of India (Sebi) has alleged that Pranav Adani had shared price-sensitive information about Adani Group's open offer to acquire shares of NDTV (New Delhi Television) with his brothers-in-law, violating insider trading norms, showed a document reviewed by ET. The allegations pertain to August 2022, when the broadcaster was being taken over by the Adani Group. Pranav Adani is a director of Adani Enterprises. Sebi has served show cause notices to Pranav Ad ...Read More >
T'puram: The construction for the next phase of Vizhinjam international seaport is set to begin in Jan, said minister of ports V N Vasavan.Speaking to reporters after a review of the work at the port on Tuesday, Vasavan said preparations for the second, third and fourth phases of construction are complete. "In the second phase, the existing 800m berth will be extended by 1,200m, making it a 2,000m berth, allowing larger ships to dock simultaneously. Additionally, the current 2.96km breakwater wi ...Read More >
NEW DELHI -- At least half a dozen executives from top Indian arms makers, including Adani Defense and Bharat Forge, attended rare meetings in Russia this year to discuss potential joint ventures, three people familiar with the matter said. The meetings took place during the first visit of India's defense business leaders to Russia since Moscow's 2022 invasion of Ukraine. The visit by the defense business leaders had not previously been reported. The Indian government is seeking to reorientate ...Read More >
New Delhi, Dec 16 (PTI) Artificial Intelligence has emerged as humanity's most powerful force for progress, Manish Gupta, Senior Director of Google DeepMind said on Tuesday adding that AI's evolution will drive significant shifts including accelerating scientific discovery and augmenting human capabilities. The senior executive at Google DeepMind, the tech giant's premier AI research lab, emphasised that India is at the forefront of utilising Artificial Intelligence to solve real-world, tangibl ...Read More >
Ahmedabad, 16 December 2025: Adani Power Limited, India's largest private sector power generator, today said that NSE Sustainability Ratings and Analytics Limited, a subsidiary of NSE Indices Limited and part of the National Stock Exchange of India group, appraised it based on publicly available information and awarded a score of '65', placing the company in "Aspiring" category. Adani Power has been ranked higher than all other major thermal, mixed fuel, and integrated energy companies in a sim ...Read More >
New Delhi : Google today announced a suite of new collaborations and funding commitments to bolster India's AI ecosystem at its "Lab to Impact" dialogue, an event supported by the India AI Impact Summit 2026. Attended by Shri Dharmendra Pradhan, Union Minister of Education, the dialogue highlighted Google's research-driven approach to supporting Digital Public Infrastructure and empowering the research, developer, and startup ecosystem to solve national challenges and meet large-scale social nee ...Read More >
NEW DELHI: At least half a dozen executives from top Indian arms makers, including Adani Defence and Bharat Forge, attended rare meetings in Russia this year to discuss potential joint ventures, three people familiar with the matter said. The meetings took place during the first visit of India's defence business leaders to Russia since Moscow's 2022 invasion of Ukraine. The visit by the defence business leaders had not previously been reported. The Indian government is seeking to reorientate ...Read More >
NEW DELHI, Dec 9 (Reuters) - At least half a dozen executives from top Indian arms makers, including Adani Defence and Bharat Forge, attended rare meetings in Russia this year to discuss potential joint ventures, three people familiar with the matter said. The meetings took place during the first visit of India's defence business leaders to Russia since Moscow's 2022 invasion of Ukraine. The visit by the defence business leaders had not previously been reported. The Indian government is seeking ...Read More >
NEW DELHI, Dec 9 - At least half a dozen executives from top Indian arms makers, including Adani Defence and Bharat Forge, attended rare meetings in Russia this year to discuss potential joint ventures, three people familiar with the matter said. The meetings took place during the first visit of India's defence business leaders to Russia since Moscow's 2022 invasion of Ukraine. The visit by the defence business leaders had not previously been reported. The Indian government is seeking to reorie ...Read More >
New Delhi, Dec 16 (SocialNews.XYZ) Antique Stock Broking on Tuesday initiated coverage on Adani Power Limited (APL) with a 'Buy' rating, setting a target price of Rs 187 per share. With the stock currently trading around Rs 144, the brokerage sees an upside potential of about 30 per cent, driven by strong earnings visibility, large capacity expansion plans and improving balance sheet strength. In its report, Antique said Adani Power is entering a multi-year earnings upcycle, supported by a sha ...Read More >
During a press conference on energy sector, Goyal, former Power and New & Renewable Energy minister, said there is sufficient power capacity in the country. He said that the 500GW grid is one of the largest in the world. Union Minister Piyush Goyal on Monday said India is a preferred destination for data centres as the country has no dearth of electricity and its 500GW national grid can take care of surge in demand. During a press conference on energy sector, Goyal, former Power and New & Rene ...Read More >
The report highlighted LIC's May 2025 investment of USD 570 million (around Rs 5,000 crore) in Adani Ports & SEZ (APSEZ). Finance Minister Nirmala Sitharaman on Monday said her ministry does not issue advisory or directions to Life Insurance Corporation of India (LIC) regarding its investment decisions, and emphasised that the investments that the state-owned insurer made in Adani Group were as per established SOPs. India's largest insurer has, over the years, made investment decisions across ...Read More >
Former Union minister Raj Kumar Singh, who has been in the news for his outbursts against the ruling NDA in Bihar, was on Saturday suspended from the BJP for "anti-party" activities, a party leader said. IMAGE: Former Union minister Raj Kumar Singh. Photograph: @OfficeOfRKSingh/X Singh, who has been served with a suspension order by the BJP headquarters in the state, has also been asked to show cause why he should not be expelled from the party. In a similar action, the party also suspended M ...Read More >
Adani Cement accounts for nearly 30% of the cement used in India's housing and infrastructure projects. Ahmedabad: Adani Cement and Finnish company Coolbrook on Wednesday announced to deploy world's first commercial 'RotoDynamic Heater' to advance cement decarbonisation at the Boyareddypalli Integrated Cement Plant in Andhra Pradesh. This marks the first industrial scale deployment of Coolbrook's RDH technology, advancing Adani Cement's net-zero goals achievement by 2050 (validated by the SBT ...Read More >
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 >
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 >
Ahmedabad (Gujarat) [India], November 3 (ANI): Ambuja Cements, part of the diversified Adani Portfolio, on Monday reported that its consolidated Profit After Tax or net profits during the July-September 2025-26 quarter jumped 364 per cent year-on-year to Rs 2,302 crore. In the year ago quarter, it was Rs 496 crore. The Adani Adani company's consolidated revenue from operations during the quarter rose over 21 per cent Rs 9,174 crore, versus Rs 7,552 crore, its highest ever in Q2 series. Also Re ...Read More >
Ahmedabad (Gujarat) [India], November 3 (ANI): Ambuja Cements, part of the diversified Adani Portfolio, on Monday reported that its consolidated Profit After Tax or net profits during the July-September 2025-26 quarter jumped 364 per cent year-on-year to Rs 2,302 crore. In the year ago quarter, it was Rs 496 crore. The Adani Adani company's consolidated revenue from operations during the quarter rose over 21 per cent Rs 9,174 crore, versus Rs 7,552 crore, its highest ever in Q2 series. The com ...Read More >
Ahmedabad, Nov 3 (SocialNews.XYZ) Ambuja Cements, part of the diversified Adani Portfolio, on Monday reported strong results for the July-September quarter of the current financial year (Q2 FY26), with consolidated net profit (PAT) soaring 364 pc year-on-year (YoY) to Rs 2,302.3 crore, compared to Rs 496.5 crore in the year-ago period (Q2 FY25). The company's standalone PAT also surged nearly three times to Rs 1,387.55 crore, compared to Rs 500.66 crore in the same quarter last fiscal -- a jump ...Read More >
AHMEDABAD: Ambuja Cements, part of the diversified Adani Portfolio, on Monday reported strong results for the July-September quarter of the current financial year (Q2 FY26), with consolidated net profit (PAT) soaring 364 pc year-on-year (YoY) to Rs 2,302.3 crore, compared to Rs 496.5 crore in the year-ago period (Q2 FY25). The company's standalone PAT also surged nearly three times to Rs 1,387.55 crore, compared to Rs 500.66 crore in the same quarter last fiscal -- a jump of 177 per cent YoY. ...Read More >
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