Ahmedabad, June 6 (IANS) Adani Enterprises Ltd (AEL) has planted more than 1.6 million trees and saplings across 568 hectares at the Parsa East and Kanta Basan (PEKB) mine in Chhattisgarh’s Surguja district, transforming the area into a green landscape.Once an active mining site, the area has now been transformed into a lush green landscape. Under the ecological restoration, 40 trees are planted for every tree removed for mining activities.Native species including Sal, Mahua, Tendu, Amaltas and …
Latest Adani Enterprises Ltd News & Updates
Ahmedabad, June 2 (IANS) Adani Portfolio on Tuesday announced it has delivered the highest annual capex by any Indian corporate at Rs 1,52,967 crore ($16.1 billion) in FY26, with asset base now standing at Rs 7,85,098 crore ($82.2 billion), reflecting accelerated investment cycle.EBITDA for FY26 reached an all-time high of Rs 94,834 crore ($10 billion), up 5.6 per cent year-on-year — with core infrastructure contributing 87 per cent of earnings.Nearly 80 per cent of investments were directed to…
New Delhi, May 22 (IANS) In a major shift among foreign investors regarding their investments in India’s largest conglomerates, the prominent investment management firm Capital Group has increased its exposure to Adani Group companies while decreasing holdings in Reliance Industries Ltd (RIL), according to a new report.According to a Bloomberg report, citing people familiar with the matter, the US-based firm has acquired stakes worth over $2 billion across three Adani Group companies — Adani Po…
Ahmedabad, May 21 (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday said it has signed a definitive agreement to acquire Jaypee Fertilizers & Industries Ltd (JFIL) for Rs 1,500 crore as part of the NCLT-approved resolution plan for Jaiprakash Associates Ltd (JAL).In a regulatory filing, the Adani Group company said it has entered into a share purchase agreement with JAL to acquire 100 per cent shareholding in JFIL, which is the holding company of Kanpur Fertilizers and Che…
Ahmedabad, May 21 (IANS) Adani Power on Thursday said it has entered into definitive agreements with Jaiprakash Associates Ltd (JAL) to acquire a 24 per cent stake in Jaiprakash Power Ventures Ltd (JPVL) and the 180 MW Churk thermal power plant in Uttar Pradesh, under the NCLT-approved resolution plan for JAL.In a stock exchange filing, the Adani Group company said it has executed a Share Purchase Agreement to acquire JAL’s 24 per cent holding in Jaiprakash Power Ventures Ltd for about Rs 2,99…
New Delhi, May 19 (IANS) Describing the US decision to drop charges against Adani Enterprises Ltd a ‘huge victory’ for the Adani Group and a positive development for the industry and the country, a leading law expert on Tuesday said the development could help strengthen the Group’s international expansion plans.Speaking to IANS, Raian Karanjawala, Managing Partner of Karanjawala & Co, said the resolution of the case removes a major obstacle for the Adani Group and could strengthen its …
Washington, May 19 (IANS) Indian-American community leader and former presidential adviser, Ajay Bhutoria, on Monday hailed the dismissal of criminal charges against the Adani Enterprises Ltd, calling it a “definitive legal victory” and describing the Adani Group’s proposed $10 billion investment in the United States as a “game-changer” for the American infrastructure and technology leadership.In a statement issued from Silicon Valley, Bhutoria said the resolution marked a major turnin…
Washington, May 19 (IANS) The resolution of the legal matter involving Adani Enterprises Ltd removes a major distraction from the growing India-US economic partnership, and could pave the way for fresh Indian investments in the United States, the US-India Strategic Partnership Forum (USISPF) said on Monday.“The US Department of Justice’s resolution in the case involving Adani Enterprise brings closure to the ongoing legal matter, which has been a distraction to the otherwise strong US-India ec…
Ahmedabad, April 30 (IANS) Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Thursday posted 31 per cent growth in net profit (year-on-year) at Rs 9,339 crore in FY26, from Rs 7,112 crore in FY25.Total income increased by 3 per cent to Rs 1,02,943 crore last fiscal, as EBITDA was maintained at Rs 16,464 crore.With the close of fiscal 2026, AEL has transitioned to a core infrastructure-led model, with 80 per cent of its EBITDA coming from mature, long-term and contracted bu…
Gandhinagar/New Delhi, Feb 10 (IANS) A court in Gujarat’s Gandhinagar district has convicted journalist Ravi Nair in a criminal defamation case filed by Adani Enterprises Ltd (AEL), sentencing him to one year’s simple imprisonment and imposing a fine of Rs 5,000. Pronouncing the verdict on Tuesday, the Court of Judicial Magistrate First Class, Mansa, held that Nair was guilty of the offence punishable under Section 500 of the Indian Penal Code, after finding that a series of tweets and onlin…