Adani group plans to take a position greater than Rs 1.2 lakh crore (about $14 billion) throughout its portfolio firms that vary from ports to power, airports, commodities, cement and media in fiscal 12 months beginning April 1, because it doubles down on its $100 billion funding steerage over the…
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US probing Gautam Adani and his group over potential bribery
US prosecutors have widened their probe of Adani Group to give attention to whether or not the corporate could have engaged in bribery in addition to the conduct of the corporate’s billionaire founder, in keeping with folks with direct information of the matter.Investigators are digging into whether or not an…
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US firm Qualcomm in talks with Adani over 5G, chips
CHENNAI: US semiconductor main Qualcomm is holding discussions with Adani group in 5G, broadband and semiconductor sectors.Qualcomm president and CEO Cristiano Amon advised reporters in Chennai on Thursday that they have been excited in regards to the digital transformation occurring in India. “We have been working in the telecom sector…
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Adani shares lose over Rs 1 lakh crore in a day
MUMBAI: On a day when the sensex recorded the second largest loss in market capitalisation, Adani shares witnessed the group’s largest single-session wealth erosion of Rs 1.1 lakh crore final seen on Feb 2, 2023, per week after the US-based short-seller Hindenburg revealed its report on the conglomerate.On the shut…
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Adani Inexperienced Vitality operanalizes 1,000 MW photo voltaic vitality at Khavda RE Park, Gujarat
NEW DELHI: Adani Inexperienced Vitality (AGEL) on Monday stated it has operationalized a cumulative capability of 1,000 MW photo voltaic vitality at Khavda, in Gujarat. With this, AGEL has achieved operational capability of 9,478 MW and continues its journey to the acknowledged aim of 45,000 MW by 2030, an organization…
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Adani Group presents first greenback bond since Hindenburg disaster
Adani Group started advertising a $409 million bond in what can be its first greenback notice sale after a report final 12 months by quick vendor Hindenburg Analysis, including to indicators of a rebound in investor confidence.The conglomerate’s photo voltaic vitality unit Adani Inexperienced Power Ltd and related corporations are…
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Adani invests $362 million to construct two native defence factories | India Enterprise Information
Billionaire Gautam Adani’s conglomerate began two protection amenities in northern India this week at an funding of 30 billion rupees ($362 million), bolstering the nation’s marketing campaign to change into self-reliant and promote native manufacturing. Constructed by Adani Defence & Aerospace, a carefully held agency within the Adani Group, at…
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Gautam Adani meets Uber CEO Dara Khosrowshahi , hints at collaboration
NEW DELHI: Billionaire Gautam Adani met Uber CEO Dara Khosrowshahi throughout his go to to India and expressed the opportunity of future collaborations between their corporations.In a put up praising the Uber CEO on X, Adani mentioned, “Absolutely captivating chat with @dkhos, CEO of @Uber. His vision for Uber’s expansion…
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Adani hints at future collaborations with Uber after assembly CEO Dara Khosrowshahi | India Enterprise Information
New Delhi, Billionaire Gautam Adani on Saturday met Uber CEO Dara Khosrowshahi, who’s presently on a go to to India, and hinted at doable future collaborations between his conglomerate and the ride-hailing app. Taking to X, each enterprise leaders appreciated their dialog on the Indian development story and their imaginative…