Congress has requested that the JPC investigate charges made by OCCRP against the Adani company.

On Thursday, the leader of the Congress party, Rahul Gandhi, called for an investigation into claims that were made by the Organized Crime and Corruption Reporting Project (OCCRP), which stated that the Adani group was employing "opaque" investment funds into group companies. Gandhi sta...

Dhananjay Sinha argues that investors' confidence in Adani equities won't return for at least another few quarters.

The Budget is being prepared in the midst of a general deceleration in business performance. There are signs of revival in the economy as well, albeit very weak ones. The government's demand or other support is what we're after at the moment. The main concerns we have are on the rural sec...

India will profit from the decoupling of the United States and China, Gautam Adani said at the Davos Economic Summit

Billionaire Gautam Adani said in Davos that the decoupling of trading superpowers the United States and China presents a massive opportunity for India to become a major player in the global supply chain. The world is experiencing the "Great Fracture," according to a blog post written by...

Following an unsuccessful attempt for a new IPL team, the Adani Group preparing to purchase a team in the UAE T20 League

In October of last year, the Adani Group is among the business houses that failed bid for a franchise in the IPL.

The Gautam Adani-owned business failed to reach the final cut despite offering a whopping INR 5,100 crore for both the Ahmedabad and Lucknow franchises.

However, A...

Business tycoons Ambani and Adani to invest in green energy

Highlights

• Mukesh Ambani and Gautam Adani in race to be world leaders in renewable energy
• Adani group is planning to investing US$20 billion in renewable power

Business tycoons and billionaires Mukesh Ambani and Gautam Adani going he...

L&T, Adani and BHEL compete for ISRO’s new deal to manufacture space launch vehicle

Highlights

•  ISRO’s request for proposal for making space launch vehicle
• Adani-Alpha, BEL-BEML, HAL-L & L&T in run for the bidding

Three companies including Adani and L&T are bidding for a contract to build five...

LOWEST BID IN SECI’S?WIND?AUCTION COMES FROM ADANI RENEWABLE

HIGHLIGHTS

• The lowest bid in SECI’s?wind?auction has come from Adani Renewable.
• Adani Group wishes to expand its green energy portfolio.

Adani Renewable Energy has placed the lowest bid of ? 2.77 per unit at an auction that was...

GAUTAM ADANI SELLS STAKE TO OVERSEAS PARTNER

HIGHLIGHTS

• Gautam Adani has sold a minority stake in his renewables business to French company Total SE.
• Adani is going to raise US $ 2.5 billion.
• Adani intends to clear the debts of Adani group using this amount.

To raise...

ADANI GROUP READY TO PURCHASE 74% STAKE IN MUMBAI INTERNATIONAL AIRPORT (MIAL)

Indian multinational conglomerate Adani Group is all set to dominate the aviation sector by acquiring a 74 percent stake in Mumbai International Airport (MIAL). Adani Group will come on board as soon as the current operator exits the venture. MIAL operates India’s second-largest airport and...

ADANI ELECTRICITY ISSUES CLARIFICATION FOR INFLATED BILLS

Highlights

• Adani Electricity Mumbai Limited (AEML) in its statement said the bill sent to the consumers is an average of last three bills

• The company has restarted physical meter reading and the consumers will receive rectified bills in the month of July

ADANI POWER SET TO TAKE OVER 49 PERCENT STAKE IN ODISHA POWER FOR $135 MILLION

Highlights

• The state government of Odisha will hold remaining 51 percent stake in OPGC

• OPGC's thermal power plant is located at Banharpalli in Jharsuguda district of Odisha

• Adani Group said it will continue its partnership with the AES in ord...

INDO-CHINA CONFLICT IMPACTS STOCK MARKET: SENSEX AT 33,500, NIFTY AT 9,900

Highlights

• At present, the S&P BSE Sensex is trading at 33,565.95 points and the benchmark Nifty50 is at 9,907.30 levels

• In the early morning trading session, Mahindra & Mahindra was the top Sensex laggard with fall of 2 percent, while Maruti Suzuki India...

ADANI GREEN ENERGY LTD ACQUIRES WORLD’S LARGEST SOLAR CONTRACT WORTH $6 BILLION

Adani Green Energy Ltd, the pioneer of country’s green initiative has secured the world’s largest solar contract that will let this company build a photovoltaic (PV) power plant of capacity of 8,000 MW and setting up a domestic solar panel that will have a manufacturing capacity of 2,...

Global Interest has been gained by Gautam Adani’s $362 million worth “Adani Green”

The Indian billionaire industry leader and owner of the Adani group, the Ahmedabad multinational conglomerate engaged in ports growth and operations in India is Gautam Shantilal Adani (born June 24, 1962, p. 41). Adani is chairman of the Adani Foundation, headed mainly by his mother, Priti Adani....

Borealis is seeking to expand its market globally by joint ventures with India and Europe

Borealis, a chemicals company operated by Mubadala and co-owner of the largest chemical plant in the UAE, is seeking to expand its market globally by joint ventures with Adnoc in India and acquisitions of plastics recycling facilities in Europe, his chief executive said.

The Austrian bu...

Adani to invest in ADNOC for speciality Chemicals

The four companies have signed a note of understanding to engage in an exceedingly joint practicability study to assess a collaboration for institution of a chemical advanced in Mundra, Gujarat. In January this year, Adani Group had declared plans to line up a Rs 16,000 crore chemical mill at Mun...

Essel group making deals to stay alive in the market

In an every increasing interdisciplinary corporate and industrial sector the hunger to make more profit or the struggle to make ends meet in the troubling times are both handled by making deals. As the Indian firms suffer the economic slowdown there is expected to be a rise in the deals from thes...