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April 16, 2026
Home Posts tagged Adani Group
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Adani Group has outlined an ambitious capital expenditure plan of about ₹2 lakh crore annually over the next five years, according to Karan Adani, Managing Director of Adani Ports and Special Economic Zone. Speaking at the India Today Conclave 2026, he said the group aims to significantly expand its infrastructure footprint, including increasing renewable energy […]Continue Reading
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India’s Adani Group companies lost about $12.5 billion in market capitalisation on Friday, after the U.S. Securities and Exchange Commission (SEC) asked a court for permission to personally email summons to founder Gautam Adani and group executive Sagar Adani in connection with alleged fraud and a $265 million bribery scheme, according to a Reuters report. […]Continue Reading
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State Bank of India’s mutual fund arm has committed to invest at least 10% in Adani Power’s nearly $820 million (75 billion rupees) rupee-denominated bond issue, which is expected to be launched later this week, according to three merchant bankers. SBI Mutual Fund, India’s largest mutual fund by assets under management, will act as one […]Continue Reading
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The Cellular Operators Association of India (COAI) has approached the Department of Telecommunications (DoT) alleging that Navi Mumbai International Airport Ltd (NMIAL), owned by the Adani Group, has denied Right of Way (RoW) permissions and imposed excessive charges for deploying telecom infrastructure at the newly operational airport. Commercial operations at the airport Continue Reading
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Adani Enterprises announced on Wednesday that its ₹250-billion ($2.8 billion) rights issue has been oversubscribed, marking the conglomerate’s largest capital raise since the turbulence caused by short-seller allegations in 2023. The share sale received bids for 149.5 million shares against the 138.5 million on offer by 5 p.m. IST. Promoters fully subscribed to their Continue Reading
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The Union Environment Ministry has approved Adani Airport Holdings’ proposal to build a luxury business hotel within the Thiruvananthapuram airport premises as part of its city-side development plan. The ₹136-crore project will come up on an 8,000 sq. metre plot currently used as a parking area. The hotel will feature 240 rooms along with food […]Continue Reading
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The Adani Group has earmarked ₹7,000 crore to rapidly scale its presence in India’s ammunition industry, with its 500-acre Kanpur-based facility at the centre of this expansion. Adani Defence currently manufactures 150 million rounds of small-calibre ammunition annually, covering multiple dimensions, and now plans to triple this output to 500 million rounds per year as Continue Reading
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