News for 'Adani'

US Court Dismisses Adani Criminal Case; Gautam Adani Says 'Truth Prevailed'

US Court Dismisses Adani Criminal Case; Gautam Adani Says 'Truth Prevailed'

Rediff.com11 Aug 2026

A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.

Airport Authority Gets Waiver Request Amid Adani Airline Buzz

Airport Authority Gets Waiver Request Amid Adani Airline Buzz

Rediff.com11 Aug 2026

The Airports Authority of India has received a request for a waiver from contractual restrictions that prevent airport concessionaires and their group entities from holding equity in scheduled airlines, Minister of State for Civil Aviation Murlidhar Mohol confirmed in the Rajya Sabha. This comes amid reports of the Adani group's interest in the airline business, despite their denial.

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Rediff.com15 Jul 2026

Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.

Adani Power to invest Rs 2 trn over 5 years

Adani Power to invest Rs 2 trn over 5 years

Rediff.com25 Jun 2026

Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.

Rs 1 Trillion Club Swells

Rs 1 Trillion Club Swells

Rediff.com2 days ago

Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.

MP to build missiles as Adani launches Rs 2,500-cr defence unit in Shivpuri

MP to build missiles as Adani launches Rs 2,500-cr defence unit in Shivpuri

Rediff.com5 Jul 2026

Madhya Pradesh Chief Minister Mohan Yadav and Union minister Jyotiraditya Scindia on Sunday laid the foundation stone for a defence manufacturing plant in Shivpuri district. The unit, comprising a missile complex, a composite propellant complex and a TNT complex, is being set up by Adani Defence and Aerospace, a subsidiary of the Adani Group, at a cost of about Rs 2,500 crore, said officials.

Adani Group And Embraer Choose Dholera For Regional Jet Assembly

Adani Group And Embraer Choose Dholera For Regional Jet Assembly

Rediff.com16 Jun 2026

Adani Group and Brazilian aerospace firm Embraer have selected Dholera, Gujarat, as the location for a final assembly line for Embraer's regional jets. This strategic collaboration, formalised by an MoU in January, aims to boost India's Regional Transport Aircraft programme and align with the Aatmanirbhar Bharat initiative and UDAN scheme. Embraer sees immense potential in the Indian market across various aviation segments.

Indian Equities Extend Losses as West Asia Tensions Fuel Oil Price Hike

Indian Equities Extend Losses as West Asia Tensions Fuel Oil Price Hike

Rediff.com2 days ago

Indian stock markets, including the Sensex and Nifty, experienced their third consecutive day of declines, driven by a global selloff, escalating tensions in West Asia, and a subsequent rise in crude oil prices.

Govt Plans Airport Auction Cap

Govt Plans Airport Auction Cap

Rediff.com4 days ago

'The number of airport bundles that may be awarded to a single bidder would be capped.'

Why US Dropped Criminal Charges Against Gautam Adani

Why US Dropped Criminal Charges Against Gautam Adani

Rediff.com18 May 2026

The U.S. Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, bringing a high-profile securities and wire fraud case in New York to a close after prosecutors concluded they could not sustain the allegations.

Stock Markets Today: Sensex, Nifty Gain on Bank Stocks, Global Cues

Stock Markets Today: Sensex, Nifty Gain on Bank Stocks, Global Cues

Rediff.com1 days ago

Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after a three-day slide, driven by strong buying in blue-chip bank stocks and a firm trend in global markets, supported by easing US bond yields and record foreign-currency deposit inflows.

Mumbai airport overhaul: T1 partial razing from Jan 15; flight shifts planned

Mumbai airport overhaul: T1 partial razing from Jan 15; flight shifts planned

Rediff.com25 Aug 2026

Adani Group-operated Mumbai International Airport (MIAL) is set to begin demolishing a section of its nearly 80-year-old Terminal 1 from January 15, 2027, as part of a major redevelopment plan. This initiative involves redistributing air traffic from T1 to Terminal 2 and the Navi Mumbai International Airport, with significant shifts planned for international and domestic flights starting October 1 and October 25, respectively.

Sensex, Nifty Recover Losses as Crude Oil Drops Below $90 a Barrel

Sensex, Nifty Recover Losses as Crude Oil Drops Below $90 a Barrel

Rediff.com25 Aug 2026

Indian benchmark indices, Sensex and Nifty, recovered intraday losses to close higher, driven by late-day buying and a significant decline in Brent crude oil prices, which fell 3 per cent to USD 89.32 per barrel.

Stock Markets Today: Sensex, Nifty Jump on Gains in Asian Markets

Stock Markets Today: Sensex, Nifty Jump on Gains in Asian Markets

Rediff.com15 hours ago

Indian equity benchmark indices Sensex and Nifty rebounded sharply in early trade, with the Sensex jumping over 530 points, tracking a broad-based rally in Asian markets after four consecutive days of decline.

India must not rent its intelligence future: Adani

India must not rent its intelligence future: Adani

Rediff.com12 May 2026

Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.

Indian Equities Extend Losing Streak as Sensex Tumbles 417 Points

Indian Equities Extend Losing Streak as Sensex Tumbles 417 Points

Rediff.com1 days ago

Indian benchmark equity indices extended their losing streak for a fourth consecutive day, with the Sensex tumbling 417 points due to rising crude oil prices and a significant sell-off in IT stocks, impacting overall investor sentiment.

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Rediff.com2 Jun 2026

Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.

Sensex, Nifty pare gains on mixed global cues

Sensex, Nifty pare gains on mixed global cues

Rediff.com10 hours ago

The benchmark BSE Sensex rebounded by 362 points, ending a four-day losing streak, driven by strong buying in metal, private banking, and oil and gas shares, while the broader NSE Nifty saw modest gains despite paring some advances in the closing session.

Indian Stocks Fall as West Asia Tensions Push Crude Oil Higher

Indian Stocks Fall as West Asia Tensions Push Crude Oil Higher

Rediff.com4 days ago

Indian stock markets closed lower due to selling in IT and FMCG shares, triggered by renewed tensions in West Asia which led to a rally in crude oil prices and concerns over inflation and interest rates.

Uber Partners With Adani Group For First India Data Centre

Uber Partners With Adani Group For First India Data Centre

Rediff.com13 May 2026

Uber is set to establish its first data centre in India in partnership with the Adani Group, the company's CEO Dara Khosrowshahi said.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com19 May 2026

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

Gautam Adani: Energy Security, Digital Infrastructure Key To Geopolitics

Gautam Adani: Energy Security, Digital Infrastructure Key To Geopolitics

Rediff.com11 May 2026

Gautam Adani emphasised the importance of energy security and digital infrastructure in shaping geopolitical power, urging India to develop sovereign capabilities across the AI value chain.

Stock Markets Today: Sensex, Nifty Sink on US-Iran Crisis

Stock Markets Today: Sensex, Nifty Sink on US-Iran Crisis

Rediff.com2 days ago

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a bearish trend in global equities, as escalating conflict in West Asia drove up crude oil prices and intensified investor concerns.

Ambanis Worth Rs 25.8 Trillion!

Ambanis Worth Rs 25.8 Trillion!

Rediff.com12 Aug 2026

India's 10 most valuable families had a combined valuation of Rs 70.5 trillion.

US Justice Dept drops all criminal charges against Gautam Adani, case closed permanently

US Justice Dept drops all criminal charges against Gautam Adani, case closed permanently

Rediff.com18 May 2026

The US Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, concluding a high-profile securities and wire fraud case in New York after prosecutors determined they could not sustain the allegations.

US planning to drop charges against Gautam Adani: NYT report

US planning to drop charges against Gautam Adani: NYT report

Rediff.com15 May 2026

A New York Times report on Thursday (local time) has claimed that the US Justice Department is contemplating dropping charges against industrialist and Adani Group chairman Gautam Adani.

Rahul hugs Cong leader, calls it Modi's foreign policy. Then comes Meloni jibe

Rahul hugs Cong leader, calls it Modi's foreign policy. Then comes Meloni jibe

Rediff.com14 Aug 2026

Congress leader Rahul Gandhi launched a scathing attack on the BJP-RSS, labelling them a "bunch of jokers" with no understanding of India, and criticised Prime Minister Narendra Modi's foreign policy as merely "hugging leaders." He also claimed the RSS has become an instrument of large capital, serving Adani and Ambani, and vowed that the Congress would keep pressure on the government until Modi and Shah resign. The BJP hit back, calling Gandhi immature and out of depth.

Stock Markets Today: Sensex, Nifty Dip Amid US-Iran Standoff, High Crude Prices

Stock Markets Today: Sensex, Nifty Dip Amid US-Iran Standoff, High Crude Prices

Rediff.com25 Aug 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the escalating US-Iran standoff and persistently high crude oil prices, with experts predicting increased volatility.

Geopolitical jitters, Iran sanctions weigh on Indian equities

Geopolitical jitters, Iran sanctions weigh on Indian equities

Rediff.com24 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, closed lower due to persistent geopolitical tensions in the Middle East and elevated crude oil prices, with investors remaining cautious ahead of fresh US sanctions on Iran.

Stock Markets Today: Sensex, Nifty Down on High Crude Prices

Stock Markets Today: Sensex, Nifty Down on High Crude Prices

Rediff.com12 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to a surge in Brent crude oil prices, which rose above USD 90 per barrel, coupled with subdued global cues and ongoing US-Iran skirmishes. Track Sensex, Nifty on Auigust 12.

Adani SEC Case: US Court Asked For More Time

Adani SEC Case: US Court Asked For More Time

Rediff.com18 Apr 2026

The US Securities and Exchange Commission and Indian businessmen Gautam Adani and Sagar Adani have jointly requested a US court for more time to file key submissions in a civil securities case.

Geopolitical uncertainty, elevated oil prices drag Sensex, Nifty lower

Geopolitical uncertainty, elevated oil prices drag Sensex, Nifty lower

Rediff.com14 Aug 2026

Indian benchmark indices Sensex and Nifty closed lower, with the Nifty recording its fourth consecutive day of decline, primarily due to elevated oil prices and ongoing geopolitical tensions between the US and Iran, which dampened investor sentiment.

Stock Markets Today: Sensex, Nifty Down Over US-Iran Impasse

Stock Markets Today: Sensex, Nifty Down Over US-Iran Impasse

Rediff.com14 Aug 2026

Indian benchmark indices, Sensex and Nifty, saw declines in early trade, with the ongoing US-Iran standoff cited as a major factor impacting investor sentiment and raising concerns about inflationary pressures and currency volatility for oil-importing nations like India. Track Sensex, Nifty on August 14, 2026.

Microsoft Boosts India's Digital Infrastructure With Fourth Cloud Region

Microsoft Boosts India's Digital Infrastructure With Fourth Cloud Region

Rediff.com6 Aug 2026

Microsoft has launched its fourth cloud region in India, located in Hyderabad, significantly expanding its hyperscale cloud presence. This move is part of a USD 20.5-billion investment in India's digital and AI infrastructure, aiming to support the country's rapid digital growth and meet increasing demand from major enterprises.

Gautam Adani overtakes Mukesh Ambani to become Asia's wealthiest person

Gautam Adani overtakes Mukesh Ambani to become Asia's wealthiest person

Rediff.com17 Apr 2026

Gautam Adani, Chairman of the Adani Group, has surpassed Mukesh Ambani to become Asia's richest person, with a net worth of USD 92.6 billion, placing him 19th globally according to the Bloomberg Billionaires Index.

'UP Has Potential To Generate More Than 11 Million Jobs'

'UP Has Potential To Generate More Than 11 Million Jobs'

Rediff.com3 days ago

'Improved law and order and transparent governance have helped change UP's investment image.'

Government clears the track for Formula One's long-awaited India return

Government clears the track for Formula One's long-awaited India return

Rediff.com17 Jul 2026

India's government is working to resolve tax and regulatory hurdles to bring Formula One back to the Buddh International Circuit on the outskirts of New Delhi in 2028, more than a decade after the race was dropped.

How AI Is Set To Revolutionise India's Power Generation By 2030

How AI Is Set To Revolutionise India's Power Generation By 2030

Rediff.com6 Aug 2026

A new study by The Energy & Climate Initiative Society (ENCIS) predicts that AI adoption in India's power generation sector will surge from 35% to 65% by 2030, becoming a core operational capability. The study highlights that nearly seven out of ten professionals see power generation as offering the best opportunity for efficiency gains through AI, driven by India's expanding digital infrastructure and significant investments from energy giants. Predictive asset management and proactive maintenance are identified as key areas for AI application, with efficiency being the primary driver for AI investments.

HAL, Tata, Adani, L&T among firms in race for IAF's Rs 30K cr UAV deal

HAL, Tata, Adani, L&T among firms in race for IAF's Rs 30K cr UAV deal

Rediff.com16 Jun 2026

In the race for 87 Medium-Altitude Long-Range, Endurance unmanned aerial vehicles deal, around 10 bids have been received from Indian private and public sector firms.

Adanis Challenge US Securities Fraud Lawsuit, Claiming Lack of Jurisdiction

Adanis Challenge US Securities Fraud Lawsuit, Claiming Lack of Jurisdiction

Rediff.com7 Apr 2026

Gautam Adani and his nephew Sagar Adani are contesting a US securities fraud lawsuit, arguing lack of jurisdiction and failure to establish wrongdoing in a 2021 bond sale.