New Delhi, June 1 (IANS) Gautam Adani, Chairman of the Adani Group, on Monday said he met 17 of India’s most compelling startup founders, most of them building at the frontiers of deep tech.“It was inspiring, but more than that, it was a reminder. The next India will not be built in silos. It will be built at the intersection of founders, infrastructure, capital, energy, logistics, AI, space and talent,” said the billionaire industrialist.“Founders build companies. Ecosystems build natio…
Latest Adani Enterprises News & Updates
New Delhi, May 31 (IANS) Billionaire Gautam Adani has said that matters related to the Adani Group’s legal proceedings in the United States were now “behind us” and the conglomerate was focusing on accelerating investments across energy, transport, logistics and digital infrastructure as part of the next phase of growth.Gautam Adani said that the group’s biggest challenge was no longer access to capital but executing projects fast enough to meet India’s infrastructure and energy needs, particula…
Mumbai, May 27 (IANS) Shares of Adani Group companies have recovered all losses triggered by the 2023 Hindenburg Research report, with the conglomerate’s combined market value nearing Rs 19 trillion amid improving investor sentiment and easing regulatory concerns.The listed companies of billionaire Gautam Adani-led Adani Group have staged a strong comeback, erasing nearly all losses caused by the controversial 2023 short-seller report by Hindenburg Research.The combined market capitalisation o…
Ahmedabad, May 27 (IANS) The Adani Group is witnessing a sharp surge in market valuation, with the combined market capitalisation of its listed companies nearing the Rs 20 lakh crore milestone.The conglomerate has added around Rs 5 lakh crore in market value on a year-to-date (YTD) basis, driven by strong earnings performance and renewed investor confidence.Among the group companies, Adani Power has emerged as the biggest contributor to wealth creation this year.The company’s market capitalisa…
New Delhi, May 19 (IANS) Shares of Adani Group companies surged up to 5 per cent in early trade on Tuesday, with listed entities trading in the green amid improved investor sentiment following recent developments related to a US legal case involving group chairman Gautam Adani and his nephew Sagar Adani.Adani Green Energy emerged as one of the top gainers in the group, rising 5.38 per cent to Rs 1,442 in early trade on the BSE.Meanwhile, Adani Enterprises jumped as much as 3 per cent to touch an…
Mumbai, May 13 (IANS) Indian benchmark equity indices ended a highly volatile trading session with marginal gains on Wednesday, supported by buying in metal, oil and gas stocks, even as weakness in IT, banking and auto counters capped the upside.The 30-share Sensex closed 49.74 points, or 0.07 per cent, higher at 74,608.98 after witnessing sharp intra-day swings. During the session, the index touched an intra-day low of 74,134.48 and a high of 75,191.57.The Nifty settled at 23,412.60, up 33.05 p…
Guna, May 10 (IANS) Highlighting Madhya Pradesh’s emergence as a major industrial destination, Adani Enterprises Director Pranav Adani said on Sunday that improvements in logistics, industrial infrastructure and transportation facilities under Prime Minister Narendra Modi’s PM Gati-Shakti vision have created a strong ecosystem for investments in the state.Addressing the Bhoomi Pujan ceremony of Adani Cement in Guna, Pranav Adani said the project marks not just the beginning of a cement plant, bu…
New Delhi, April 30 (IANS) Adani Group-backed Jaipur International Airport has achieved water-positive status, becoming the first airport in Rajasthan and among the few in India to reach this milestone, according to officials.The certification has been awarded by global consulting firm Bureau Veritas after a detailed assessment of the airport’s water management systems and sustainability practices.As a water-positive airport, Jaipur International Airport conserves more water than it consumes t…
New Delhi, April 16 (IANS) The Competition Commission of India (CCI) has given a clean chit to Adani Enterprises and Adani Green Energy in a SECI tender case, finding no prima facie case of contravention of fair market competition norms warranting an investigation.”Upon consideration of the facts and circumstances of the present case, the Commission is of the view that there is no prima facie case of contravention of provisions of Sections 3 and 4 of the Competition Act warranting an investigati…
Mumbai, April 13 (IANS) Indian equity benchmarks recovered sharply from their intra-day lows on Monday, helped by buying in defence stocks, even as broader sentiment remained cautious due to ongoing geopolitical tensions in West Asia.The Nifty closed 0.86 per cent, or 207.95 points, lower at 23,842.65, while the Sensex ended the session down 0.91 per cent, or 702.68 points, at 76,847.57.Commenting on Nifty technical outlook, experts said that going ahead, 23,900 is likely to continue acting as i…