One of India’s richest entrepreneurs and Asia’s richest man, entrepreneur, and philanthropist Gautam Adani, who is the founder and the current chairman of the industrial behemoth Adani Group is a first-generation entrepreneur. He heads the group, which consists of 7 publicly listed entities that span over domains like Energy, Ports More
The Gautam Adani-led group is in discussion with major entities, including the State Bank of India, HDFC Bank, Singapore’s Temasek Holdings
'What was meant to weaken us has instead strengthened the very core of our foundations,' Adani told shareholders
Adani Group stocks surged as much as 13 percent after Sebi cleared Gautam Adani and top executives of market-manipulation allegations first raised by US short-seller Hindenburg Research. The order revived investor appetite and rekindled hopes of a broader re-rating across group companies
SEBI said that a detailed probe found no violations with respect to related party transactions (RPTs) by the Adani Group firms -- Adani Enterprises, Adani Power, Adani Ports and Special Economic Zone, and Adicorp Enterprises -- along with those against Gautam Adani, and Rajesh Adani among others and hence the proceedings have been disposed without any direction.
On January 24, 2023, US-based short-selling firm Hindenburg Research released a damning report against the Adani Group, alleging stock manipulation, accounting fraud, and the use of offshore tax havens and shell companies to route funds.
At least two women with familial ties to the billionaire founder have taken on leadership roles at Adani Group companies in recent months
The promoters infused funds through conversion into equity of warrants issued in January 2024, with the shares issued to the promoter group at Rs 1,480.75 apiece, a significant premium to the current traded price.
SEC said it is continuing to pursue formal service of the summons and complaint under the provisions of the Hague Service Convention
The comments come even as Israel and Iran agree to a tenuous ceasefire, which will be closely watched by countries across the region and the world.
Adani AGM 2025: The Adani Group has never backed down. Instead, we proved that true leadership is not built in sunshine. It is constructed in the fire of crisis, Gautam Adani said in his address.
'Our capital investment across businesses is set to break all records,' Gautam Adani tells shareholders; Ambuja Cement, Adani Ports lead gains among Adani Group stocks
Adani AGM 2025: Operation Sindoor showed that India values peace, but if someone shows us an eye, we know how to respond in their language, the Adani Group Chairman added
Currently owned by the flagship Adani Enterprises, the firm operates eight airports and will be opening a new terminal on the outskirts of Mumbai in a few months time
Adani, 62, drew salaries from two out of the nine listed companies in his ports-to-energy conglomerate, the latest annual reports of the listed entities of the group showed
Indian regulations require that every major airport with annual passenger traffic of at least a million should have three ground handlers.
Iran was the third-largest crude oil supplier to India till 2018-19. After the Trump administration slapped fresh sanctions on Iran in 2018, Indian oil refiners curbed oil purchases from Tehran. India currently does not source crude oil from Iran.
US Justice Department is investigating whether Adani's companies violated US sanctions on Iran, reports Wall Street Journal
The talks, which began earlier this year, gained momentum in recent weeks and could yield a resolution in the coming month or so, if the pace persists, according to the report
Gautam Adani shared a video capturing this feat, expressing profound admiration for Kay Mehta's determination. He remarked, "Most people do it for the thrill. Kay Mehta, our own Adanian, did it to make a statement.
Emaar said in January it was in discussions with some groups in India, including Adani, about a potential sale of a stake in Emaar India Ltd.
A bigger shift is expected from November when airlines will plan which of their flights will move from CSMIA to Navi Mumbai while drafting their winter schedule that will run from the end of October to March 2026
Prime Minister Narendra Modi in February 2018 laid the foundation stone for the new airport, which is coming up at an investment of Rs 16,700 crore with an aim to reduce the congestion at the capacity-constrained Mumbai Airport,
An internal note reviewed by the newspaper detailed the request for services of summons received from the Central Authority of the USA under the Hague Convention
BlackRock and Citadel are reportedly in talks to acquire $750 million of Adani Group's debt for refinancing
Adani Group said its ‘Core Infrastructure’ portfolio continues to drive the stable cashflow, contributing 84% to the total EBITDA.