Mumbai, May 25 (IANS) Indian equity benchmarks rallied sharply on Monday, tracking gains in global markets amid hopes of easing geopolitical tensions after US President Donald Trump said negotiations with Iran were progressing constructively.The Sensex surged 1,073.61 points, or 1.42 per cent, to close at 76,488.96, while the Nifty jumped 312.4 points, or 1.32 per cent, to settle at 24,031.7, reclaiming the crucial 24,000 mark.Commenting on Nifty technical outlook, experts said that 24,100 now a…
Latest Adani Enterprises Limited News & Updates
Washington, May 19 (IANS) Republican Congressman Lance Gooden has welcomed the $275 million settlement between the US Treasury Department and Adani Enterprises Limited, calling it a “very positive step” for the India-US ties and accusing the previous Joe Biden administration of pursuing a politically motivated case against the Indian conglomerate.“We’re very pleased with the outcome,” Gooden said in an exclusive interview with IANS. “It was unfortunate that Mr (Gautam) Adani had to g…
New York, May 18 (IANS) In yet another significant development, the US Department of Justice has permanently dropped all criminal charges against Gautam Adani and his nephew, Sagar Adani, in an alleged securities and wire fraud case.In a filing before the Eastern District of New York, the US Department of Justice requested dismissal of the indictment against Adani.”The Department of Justice has reviewed this case and has decided, in its prosecutorial discretion, not to devote further resources t…
New Delhi, May 18 (IANS) The US Treasury Department’s Office of Foreign Assets Control (OFAC) on Monday announced that it has reached a $275 million settlement with India’s Adani Enterprises Limited (AEL) over the “apparent violations” of sanctions on Iran in the company’s purchase of LPG. According to an OFAC statement, AEL has agreed to pay $275 million to settle its potential civil liability for apparent violations of OFAC sanctions on Iran.”From November 2023 to June 2025, AEL purchased …
Ahmedabad, May 15 (IANS) Adani Sportsline has named veteran Australian cricket strategist Simon Helmot as head coach of Gulf Giants ahead of the upcoming season of the UAE ILT20. Helmot brings more than two decades of experience across domestic, international and franchise cricket, including assignments in some of the world’s leading T20 leagues. He has been associated with the Hyderabad side in the Indian Premier League (IPL) since 2013 and has contributed to multiple title-winning campaigns …
Lucknow, May 9 (IANS) Adani Agri Fresh Limited (AAFL), a wholly-owned subsidiary of Adani Enterprises Limited (AEL), has announced its entry into the stone fruit category, which includes fruits such as cherries, with plans to begin procurement in Himachal Pradesh (HP).The expansion is expected to support improved shelf life, wider market access and better price discovery for farmers. Controlled atmosphere storage facilities across AAFL’s six locations in the state have now been upgraded to sup…
Ahmedabad, May 5 (IANS) Adani Sportsline Garv Hai-supported India’s top para table tennis player Nurjahan Noorali is participating in an important international series, featuring four tournaments in Europe and Asia. These events are key to her efforts to qualify for the 2026 Asian Para Games, scheduled in Aichi Prefecture and Nagoya, Japan, this October. Nurjahan, ranked World No. 27 in Class 7 according to the International Table Tennis Federation (ITTF) World Para Table Tennis rankings, approa…
Hardoi (UP), April 29 (IANS) Prime Minister Narendra Modi on Wednesday inaugurated the 594-km Ganga Expressway, one of India’s largest greenfield infrastructure projects that was completed in less than 3.5 years, connecting Meerut in western Uttar Pradesh with Prayagraj in the eastern region of the country’s most populous state, with Adani Road Transport Limited (ARTL), the roads arm of Adani Enterprises Limited (AEL), developing 464 km, or nearly 80 per cent of the alignment.For decades, east…
New Delhi, March 29 (IANS) Low-cost airline IndiGo on Sunday said it is introducing over 30 new routes from the Navi Mumbai International Airport between March 29 and April 23.The carrier will connect the airport to cities like Agra, Ayodhya, Bagdogra, Belgaum, Chandigarh, Diu, Kannur, Kolkata, Patna, Rajkot, Srinagar, Varanasi, Visakhapatnam, and many more. With this, IndiGo will operate over 400 weekly departures from Navi Mumbai, offering convenient travel options to customers and enhanced re…
Ahmedabad, Jan 2 (IANS) Adani Enterprises Limited (AEL), the flagship company of the Adani Group, on Friday announced the launch of its third public issuance of secured, rated, listed, redeemable, non-convertible debentures (NCDs) of Rs 1,000 crore, offering up to 8.90 per cent per annum.The issue will open on January 6 and close on January 19, with an option of early closure or extension. The NCDs have a face value of Rs 1,000 each.Each application will be for a minimum of 10 NCDs and in multip…