October 14, 2026
Home Posts tagged Adani Enterprises
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Adani Enterprises Reports Quarterly Loss After US Settlement Charge

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Adani Enterprises reported a consolidated net loss of ₹11.60 billion for the quarter ended June 30, mainly due to a one-time ₹26.44 billion charge linked to a settlement with the U.S. Treasury’s Office of Foreign Assets Control (OFAC) over an investigation involving the shipping of Iranian gas. This marks the company’s second consecutive quarterly loss. […]Continue Reading
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Adani Enterprises Upsizes Share Sale to $1.75 Billion After Strong Investor Demand

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India’s Adani Enterprises has increased the size of its qualified institutional placement by 50% to 150 billion rupees ($1.75 billion) after receiving strong investor demand. The issue was oversubscribed nearly 3.8 times, with bids worth around 380 billion rupees, according to sources. The placement is part of the flagship firm’s broader expansion push under the […]Continue Reading
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Adani Enterprises Increases Share Sale to $1.75 Billion After Strong Investor Demand

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Adani Enterprises has increased the size of its qualified institutional placement (QIP) by 50% to 150 billion rupees ($1.75 billion) after receiving strong investor interest, according to sources. The offering attracted bids worth around 380 billion rupees, nearly 3.8 times the original issue size, reflecting robust institutional demand for the flagship company of the Continue Reading
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Adani Group Stocks Surge as U.S. Drops Criminal Fraud Charges Against Gautam Adani

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Shares of Adani Group companies jumped by as much as 5.3% on Tuesday after the Trump administration moved to dismiss criminal fraud charges against billionaire Gautam Adani. The U.S. Justice Department dropped the allegations, which had accused Adani and his associates of agreeing to pay $265 million in bribes to Indian officials to secure lucrative […]Continue Reading
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India Opens 600 Km Expressway In Uttar Pradesh To Boost Connectivity

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Narendra Modi inaugurated one of India’s longest expressways, spanning nearly 600 km across Uttar Pradesh, connecting 12 districts. The project is expected to significantly cut travel time between Meerut and Prayagraj, improving regional connectivity and transport efficiency. Built at a cost of about $4 billion (over 362 billion rupees), the six-lane greenfield corridor Continue Reading
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Adani Group AGM: Gautam Adani Denounces Hindenburg Report as Defamatory Campaign

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Billionaire Gautam Adani, during the annual shareholders meeting of Adani Enterprises Ltd., declared that his conglomerate is stronger than ever, with record earnings, robust cash positions, and the lowest debt ratios in its history. He attributed this strength to the group’s infrastructure focus, which positions it well to capitalize on India’s anticipated Continue Reading
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Adani Group To Invest ₹ 8,700 Crore In Bihar, Will Create 10,000 Jobs

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The Adani Group has outlined an ambitious investment plan of ₹8,700 crore in Bihar, spanning various sectors, according to Pranav Adani, Director of Adani Enterprises. This significant investment is anticipated to generate direct and indirect employment opportunities for approximately 10,000 individuals. Speaking at the Bihar Business Connect 2023 plenary session, Adani Continue Reading

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