




Adani owns Ambuja and its subsidiary ACC which have a capacity to produce more than 65 million tonnes with more than a dozen manufacturing plants across India.
The company is focusing on localising the renewable energy supply chain through a comprehensive vendor development programme, said Adani Green Energy CEO Amit Singh
Gautam Adani stressed the significance of India's demographics and the continuous expansion of internal demand, which together create a potent combination for the country's economic development
His visit follows commencement of power supply to the neighbouring nation from the Group’s ultra super critical thermal power plant (USCTPP) in Godda, Jharkhand, Adani Group said in a statement on Saturday.
The group's flagship, Adani Enterprises, and Adani Green have board approvals to raise around $1.5 billion each, while Adani Transmission is eyeing $1.03 billion through share sales, the companies told Indian exchanges in the past few weeks.
Ambani’s Reliance Power Ltd. is also considering making an offer for the asset in an attempt to win back control of the firm, one of the people said.
In the fourth quarter of FY23, the company recorded an increase in profit of 137 percent, reaching Rs 722 crore .
The Adani portfolio companies and its businesses have acted according to the regulations and accounting standards of the jurisdictions in which they operate the group stated.
APJL will supply 1,496 MW net capacity power from the 1,600 MW Godda USCTPP under the power purchase agreement (PPA) with Bangladesh Power Development Board (BPDB)
The group has also clarified that most of the bond issuances by its portfolio companies are listed on SGX and/or India INX. Further, these bonds have been raised under the External Commercial Borrowings guidelines of the Reserve Bank of India
Adani Group’s net debt to earnings before interest, tax, depreciation and amortization improved to 3.27 times at the end of March compared with 3.81 times a year ago, while cash balance rose to 403.5 billion rupees ($4.9 billion), the company said in a report on Monday.
Gautam Adani said, 'It is the joint responsibility of all of us to support the victims and their families and give a better tomorrow to the children.'
Adani Enterprises, the Adani group flagship, plans to raise Rs 12,500 crore, while power transmission venture Adani Transmission is aiming for Rs 8,500 crore, the companies said in recent stock exchange filings.
NDTV reported a consolidated net profit of 5.9 million rupees ($72,206.58) for the quarter ended March 31, compared with 241.6 million rupees a year earlier.
Raut said industrialists should be supported, but not corruption.
Tesla and SpaceX boss Elon Musk, who held the top spot last year, has slipped to No. 2 on the list of the world's richest people
In July 2022, Gautam Adani's firm Adani Ports won the tender for privatisation of Israel's Haifa Port along with it business local partner chemical and logistics group Gadot.
Rahul Gandhi disqualification: Congress organised a day-long 'Satyagraha’ in front of Gandhi statues at all states and district headquarters on Sunday in protest.
With 187 billionaires residing in India and 16 new additions, India continues to be the third largest billionaire producing nation in the world; the number rises to 217 if Indian origin billionaires are added
"We would like to submit that Gautam Adani and Rajesh Adani are individual promoters of various listed entities within the Adani group and Vinod Adani is an immediate relative of the individual promoters," the group's flagship Adani Enterprises said in a stock exchange filing on Thursday.