April 28, 2024
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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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Adani Group Establishes Partnership for Green Hydrogen Marketing in Japan

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Adani Group has announced a 50:50 joint venture with the Japanese conglomerate Kowa Group to market green hydrogen in Japan, Taiwan, and Hawaii. The billionaire-led Adani conglomerate is committing up to $50 billion over the next decade to establish a comprehensive green hydrogen ecosystem in India, initially producing 1 million tonnes of green hydrogen and […]Continue Reading
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Adani TotalEnergies E-Mobility Collaborates with Evera Cabs to Establish Charging Hubs

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Adani TotalEnergies E-Mobility Limited (ATEL) has announced a partnership with the all-electric cab aggregator Prakriti E-Mobility (Evera) to establish electric vehicle (EV) charging infrastructure. The collaboration will focus on creating a centralized hub of 200 EV charging points in Delhi, with plans to expand across India to promote eco-friendly mobility and meet the Continue Reading
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“Hindenburg May Be Best Thing That Happened To Adani”: Swaminathan Aiyar

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According to economist Swaminathan S. Anklesaria Aiyar, the Hindenburg report might be the “greatest thing” that has ever happened to billionaire Gautam Adani since it might instill financial discipline within the conglomerate. Following allegations of unlawful use of tax havens and stock manipulation by the “apples-to-airports” conglomerate made in Continue Reading
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Gautam Adani’s Plans To Handle His Ballooning Wealth Overseas: Report

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According to those acquainted with the negotiations, Asia’s richest man, Gautam Adani, is considering establishing a family office abroad to manage his soaring wealth. The insiders, who asked to remain anonymous since the topic is private, said that the chairman of the ports-to-power Adani Group conglomerate is considering Dubai or New York as the basis […]Continue Reading
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Gautam Adani’s Empire “Deeply Overleveraged,” Warns New Report

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According to a research by CreditSights, a division of Fitch Corporation, Indian billionaire Gautam Adani’s ports-to-power conglomerate is “seriously overleveraged,” with the group making aggressive investments in both new and current businesses that are primarily financed with debt. CreditSights said in the study released on Tuesday that the ambitious Continue Reading

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