Mumbai, July 14 (IANS) Adani Group’s real estate arm, Adani Properties, has recorded a massive 74 per cent jump in its valuation to break into the top 4 ranks of the Indian real estate sector, according to a report released on Tuesday. Adani Properties added Rs 38,000 crore to its valuation at Rs 90,400 crore to be ranked fourth in the country, according to the 2026 Grohe-Hurun India Real Estate 150 report.Referring to Adani Properties, the report states that Adani Group Chairman Gautam Adani …
Latest Gautam Adani News & Updates
New Delhi, July 5 (IANS) The U.S. Department of Justice (DoJ) has done far more than seek dismissal of its criminal case against the Chairman of the Adani Group. In an unprecedented filing, it questions the legal and jurisdictional basis of the prosecution, challenges the timing of the indictment during the closing days of the Biden era and explains why the Department now believes the case should never have been brought in the first place.For Asia’s richest man, the filing marks a dramatic legal…
Kolkata, July 5 (IANS) The Adani Group would set up a 2,000-bed hospital in the New Town area near Kolkata, with 1,000 beds to be reserved for free treatment of poor patients, West Bengal Chief Minister Suvendu Adhikari has said.The Adani Group has given a written commitment to build a 2,000-bed modern hospital in New Town. Of these, 1,000 beds will be for the poor and another 1,000 will be used for commercial operation, the chief minister announcement on Saturday while outlining the initiatives…
Washington, July 4 (IANS) The US Department of Justice (DoJ) on Saturday argued that federal courts cannot second-guess prosecutors’ decisions to abandon criminal cases, telling a judge that requiring detailed explanations for dismissing charges against billionaire industrialist Gautam Adani risks violating the US Constitution’s separation of powers.The argument came in a 10-page submission filed before the U.S. District Court for the Eastern District of New York after the court directed the dep…
Washington, July 4 (IANS) The US Department of Justice on Saturday told a federal court that investors suffered no financial losses in the securities at the centre of the criminal case against billionaire industrialist Gautam Adani, arguing that the absence of investor losses further undermined the government’s own prosecution and reinforced its decision to seek dismissal of all criminal charges.In a detailed filing before the U.S. District Court for the Eastern District of New York, the Departm…
Washington, June 29 (IANS) A US federal judge’s decision to seek a fuller explanation from the Justice Department before approving its request to dismiss criminal charges against industrialist Gautam Adani is unlikely to prevent the case from being dropped, leading American and Indian legal experts told IANS, adding that prosecutorial discretion ultimately rests with the executive branch.John C. Coffee, Adolf A. Berle Professor of Law at the prestigious Columbia Law School and one of America’s f…
London/India, June 27 (IANS) Sagar Adani, Executive Director, Adani Green Energy Limited (AGEL), has called for faster electrification to strengthen energy security and support economic growth, saying renewables integrated with storage will be critical to delivering reliable, affordable and round-the-clock clean power.Speaking at the inaugural Adani Green Energy Dialogue, hosted by Adani Green Energy Limited (AGEL) in partnership with the Energy Transitions Commission (ETC) at the Science Museum…
Ahmedabad, June 25 (IANS) On the occasion of the Adani Group Chairman Gautam Adani’s 64th birthday, the Adani Foundation collected a record 52,306 units of blood through a nationwide donation drive conducted across more than 754 cities, towns and villages in 21 states, five Union Territories and four international locations, surpassing last year’s collection of 28,090 units, it announced on Thursday.Organised in collaboration with over 764 blood banks, including Red Cross centres, government hos…
Ahmedabad, June 25 (IANS) Gautam Adani, Chairman of the Adani Group, on Thursday launched ‘Vande Bharatam’, a national initiative to identify and support innovators, entrepreneurs and problem-solvers from across India.The initiative, launched to mark Gautam Adani’s 64th birthday, will reach all 36 states and union territories, more than 800 districts and multiple Indian languages. “When I began my journey, I had nothing. Everything I am and everything I have achieved was given to me by t…
Ahmedabad, June 24 (IANS) The Adani Group made a record capital investment of more than Rs 1.5 lakh crore in hard infrastructure in FY25-26, the Adani Group Chairman said on Wednesday.To put that in perspective, this represented over 30 per cent of India’s total new private-sector capital expenditure for the year, said the billionaire industrialist during the 34th Annual General Meeting (AGM) 2026.“For us, this is more than a financial number. It is a statement of belief, and there can be no…