News for 'Adani Group'

Supriya Sule's daughter gets married; Bhagwat, Rahul attend

Supriya Sule's daughter gets married; Bhagwat, Rahul attend

Rediff.com22 Jun 2026

Here are who's who attending the wedding.

'Adani Group is a man-made disaster in the making'

'Adani Group is a man-made disaster in the making'

Rediff.com27 Jan 2023

In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.

Adani Group aims to become leader in cement sector in 4 years

Adani Group aims to become leader in cement sector in 4 years

Rediff.com22 Jun 2024

Ambuja Cements' announcement that it would acquire Hyderabad-based Penna Cement Industries could be the Adani Group company's first step for wider inorganic expansion, according to analysts.

Won't ask Ravish, Newslaundry to remove content, Adani tells HC

Won't ask Ravish, Newslaundry to remove content, Adani tells HC

Rediff.com26 Sep 2025

The Delhi high court on Friday ordered status quo on the removal of social media posts on Adani Group of Companies by senior journalist Ravish Kumar and digital news platform Newslaundry.

Sensex falls 388 points; Adani stocks rally

Sensex falls 388 points; Adani stocks rally

Rediff.com19 Sep 2025

Among Sensex firms, HCL Tech, ICICI Bank, Titan, Trent, Kotak Mahindra Bank, Hindustan Unilever, Mahindra & Mahindra and HDFC Bank were the major laggards. However, Adani Ports, Bharti Airtel, SBI, NTPC and Sun Pharma were among the gainers.

Adani Group net profit up 107% in first half of FY24 but sales slow down

Adani Group net profit up 107% in first half of FY24 but sales slow down

Rediff.com1 Dec 2023

The net profit of the listed Adani group companies more than doubled year-on-year (Y-o-Y) in the first half of 2023-24 (H1FY24), even as their revenue declined in this period. The nine firms posted a 107.7 per cent jump in net profit at Rs 23,929 crore in April-September compared to the year-ago period. Net sales, on the other hand, were down 14 per cent to Rs 1.49 trillion in H1FY24, data collated by Business Standard showed.

Does Adani plan to tie-up with China's BYD?

Does Adani plan to tie-up with China's BYD?

Rediff.com4 Aug 2025

Adani Group on Monday said it is not exploring any tie-up with Chinese firms such as BYD for battery manufacturing and clean energy technology. In a stock exchange filing, Adani Enterprises Ltd, the group's flagship firm, said reports of a tie-up with Chinese companies BYD and Beijing WeLion New Energy Technology are incorrect.

Rupee's record low, crude prices pull Indian markets lower

Rupee's record low, crude prices pull Indian markets lower

Rediff.com19 May 2026

Indian stock markets concluded Tuesday's trading session lower, reversing intraday gains due to late-session selling in blue-chip stocks like HDFC Bank and Reliance Industries. The decline was primarily driven by the Indian rupee hitting a new record low against the US dollar and elevated global crude oil prices, compounded by geopolitical uncertainties.

Adani, nephew not charged with bribes in US: Group

Adani, nephew not charged with bribes in US: Group

Rediff.com27 Nov 2024

Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the US Foreign Corrupt Practices Act (FCPA) in the indictment filed by US authorities in a court in a bribery case, the Adani Group said on Wednesday.

Gautam Adani under US lens once again, WSJ reports

Gautam Adani under US lens once again, WSJ reports

Rediff.com2 Jun 2025

Adani Group on Monday said it does not handle any cargo coming from Iran or any Iranian-owned ship at any of its ports, as it denied any deliberate engagement in sanctions evasion. In a stock exchange filing, the group said reports of links between any of its entities and Iranian LPG are "baseless and mischievous".

Court orders Cong to remove Modi-Adani deepfake

Court orders Cong to remove Modi-Adani deepfake

Rediff.com19 Dec 2025

A court in Ahmedabad in Gujarat has directed the Congress and four of its leaders to remove a deep fake video of Prime Minister Narendra Modi and industrialist Gautam Adani from social media platforms.

Israeli Firm Delivers First Batch of LMGs Under 'Make in India' Scheme

Israeli Firm Delivers First Batch of LMGs Under 'Make in India' Scheme

Rediff.com1 Apr 2026

Israel Weapons Industries (IWI) has delivered the first batch of NEGEV 7.62x51 light machine guns to India under the 'Make in India' initiative, marking a significant step in India-Israel defence cooperation and indigenous defence manufacturing.

Himachal Pradesh: Stalemate between Adani Group, truckers ends after 67 days

Himachal Pradesh: Stalemate between Adani Group, truckers ends after 67 days

Rediff.com20 Feb 2023

The cement plants at Barmana (Bilaspur district) and Darlaghat (Solan district) had closed operations on December 14 due to the dispute between the company and truckers engaged in the carriage of cement and clinkers. According to a government statement, Chief Minister Sukhvinder Singh Sukhu said, "We have arrived at consensus, thereby protecting the interests of both the truck-operator unions and the management, besides welfare of all others who were being directly or indirectly hit by the stalemate."

June Is A Cruel Month For Airlines, Airports

June Is A Cruel Month For Airlines, Airports

Rediff.com2 Jun 2026

Airlines are cutting not only international services but also domestic flights, especially on routes projected to remain unprofitable in the coming weeks due to weak demand and high fares.

Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates

Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates

Rediff.com5 Sep 2025

Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore.

Adani Group to setup horticulture supply chain

Adani Group to setup horticulture supply chain

Rediff.com7 Aug 2007

Adani group is all set to launch fruits and vegetables supply in a big way.

AI Summit: RIL, Adani, Tata, Google, Lightspeed pledged $240 bn investment

AI Summit: RIL, Adani, Tata, Google, Lightspeed pledged $240 bn investment

Rediff.com2 Mar 2026

The India AI Impact Summit 2026 saw investment pledges of USD 240 billion from major players like Reliance, Adani, Google, Lightspeed Ventures, and Tata, signalling a significant boost to India's AI infrastructure and development.

Adani Group promises Rs 20,000 cr investments in MP

Adani Group promises Rs 20,000 cr investments in MP

Rediff.com9 Oct 2014

Adani Group-led by billionaire Gautam Adani on Thursday pledged to invest Rs 20,000 crore in Madhya Pradesh during the next five years in various projects.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

Meet the young man behind the success of Adani Group

Meet the young man behind the success of Adani Group

Rediff.com14 Nov 2014

Pranav Adani has come a long way since 1999, when he first got actively involved with the Adani Group's businesses, run by his uncle, Gautam Adani.

Adani group strikes first coal from its Carmichael mine in Australia

Adani group strikes first coal from its Carmichael mine in Australia

Rediff.com25 Jun 2021

The Adani group struck first coal from its Carmichael, Australia project on Thursday and will start shipping to its customers according to schedule. With this, the project will not only lift the economic prospects of the hitherto barren Australian outback, but also help Indian power plants to source cheap coal. The project had faced protests from a section of population with several banks even refusing to fund it. The group, however, went ahead with the project which included construction of a brand new railway line connecting an Australian port to the mine -- situated 300 kilometers away in Queensland.

Rahul Gandhi Alleges Kerala CM Vijayan is 'Afraid' of Modi

Rahul Gandhi Alleges Kerala CM Vijayan is 'Afraid' of Modi

Rediff.com4 Apr 2026

Congress leader Rahul Gandhi has accused Kerala Chief Minister Pinarayi Vijayan of being 'afraid' of Prime Minister Narendra Modi, citing corruption allegations and a desire to protect his children.

Adani in advance talks to acquire Emaar India

Adani in advance talks to acquire Emaar India

Rediff.com20 Mar 2025

Billionaire Gautam Adani's group is in advanced talks to acquire real estate company Emaar India for an enterprise value of around $1.4-1.5 billion as it looks to expand its property business, according to sources. Dubai-based Emaar Properties entered the Indian real estate market in 2005 in partnership with India's MGF Development and invested Rs 8,500 crore through the joint venture firm Emaar MGF Land.

Adani commits $15-20 bn annual capex for 5 years

Adani commits $15-20 bn annual capex for 5 years

Rediff.com31 May 2025

Adani Group chairman Gautam Adani has reaffirmed Adani Enterprises' ambitions for aggressive expansion, committing to invest up to $20 billion annually over the next five years. "Our capital investment across businesses is set to break all records.

Adani group joins race to buy Air India, may submit EoI by March

Adani group joins race to buy Air India, may submit EoI by March

Rediff.com25 Feb 2020

Apart from the Adani group, the Tata group, the Hinduja group, Indigo and a New York-based fund, Interups, are expected to submit EoIs.

Adani Group begins $130 mn debt buyback, first since Hindenburg report

Adani Group begins $130 mn debt buyback, first since Hindenburg report

Rediff.com24 Apr 2023

Adani Ports and Special Economic Zone (APSEZ) on Monday started the first debt buyback programme since billionaire Gautam Adani's conglomerate was targeted by a US short-seller in January. APSEZ floated a tender to buy back as much as $130 million of its July 2024 bonds and similar amounts in each of the next four quarters, it said in an exchange filing, as it looks to regain investor confidence by showing that its liquidity position is comfortable. Shares of Adani group companies pummelled after Hindenburg Research in a January 24 report accused it of accounting fraud and improper use of offshore tax havens for stock manipulation.

'India Has Enough Oil And Gas Beneath The Soil'

'India Has Enough Oil And Gas Beneath The Soil'

Rediff.com13 Jun 2026

'Exploration should be made easier and companies should be given operational flexibility.'

Adani Airports To Test Pre-Booked Security Slots

Adani Airports To Test Pre-Booked Security Slots

Rediff.com18 Sep 2025

If implemented in India, the service will allow passengers book security screening slots in advance, helping cut down wait times in long queues.

Trump Order May Delay Adani Case

Trump Order May Delay Adani Case

Rediff.com12 Feb 2025

'While the current pause offers temporary reprieve and alleviates any immediate legal pressure, the long-term implications remain uncertain.'

Adani Group got land at cheapest rates in Modi's Gujarat

Adani Group got land at cheapest rates in Modi's Gujarat

Rediff.com28 Apr 2014

But half the land lies unused due to legal hurdles, lack of investor interest.

How Adani Countered Hindenburg And Made The Boldest Comeback

How Adani Countered Hindenburg And Made The Boldest Comeback

Rediff.com22 Apr 2025

Hindenburg Research, the forensic financial firm that challenged the Adani Group, took its name from the infamous airship that burst into flames upon arriving in New Jersey in 1937. And the counter to its damning report against the conglomerate was dubbed 'Operation Zeppelin,' named after the German dirigible airships used for reconnaissance and bombing during the First World War.

Rights Issues Surge to Multi-Decade High as QIPs Plummet in FY26 Amid Market Volatility

Rights Issues Surge to Multi-Decade High as QIPs Plummet in FY26 Amid Market Volatility

Rediff.com6 Apr 2026

Financial year 2025-26 (FY26) saw a significant shift in corporate fundraising, with rights issues more than doubling to a multi-decade high of 51, raising 44,290 crore, while qualified institutional placements (QIPs) more than halved to 29 issues, mobilising 62,954 crore, driven by sharp equity market corrections and regulatory changes.

Adani hikes stake in two group companies

Adani hikes stake in two group companies

Rediff.com10 Sep 2023

Billionaire Gautam Adani-led promoter group has increased stake in two of the group's listed companies, as the ports-to-energy conglomerate continues to work on a claw back strategy after being hit by damaging reports. The promoter group has increased stake in flagship Adani Enterprises to 71.93 per cent from 69.87 per cent, according to stock exchange filings. This is the second time in less than a month that the promoters have raised stake in the flagship firm that incubates new businesses.

FinMin: No Directions Given to LIC on Investments

FinMin: No Directions Given to LIC on Investments

Rediff.com2 Dec 2025

'LIC's investment decisions are taken independently, following strict due diligence, risk assessment and fiduciary compliance.'

Gautam Adani at Shree Jagannath Dham in Puri

Gautam Adani at Shree Jagannath Dham in Puri

Rediff.com29 Jun 2025

Adani Group chairman Gautam Adani and his family members on Saturday attended the Rath Yatra in Puri and offered prayers. Accompanied by wife Priti, son Karan and other family members, Adani paid obeisance to Lord Balabhadra, Devi Subhadra and Lord Jagannath, by standing in front of their chariots near Gundicha Temple, considered the deities' aunt's house.

IPL Franchises Race Towards $15 Billion Valuations

IPL Franchises Race Towards $15 Billion Valuations

Rediff.com23 May 2026

Kolkata Knight Riders, owned by the Shah Rukh Khan family and Mehta Group, emerged as the most valuable franchise.

Adani Group may buy Deccan Chargers for $300 mn

Adani Group may buy Deccan Chargers for $300 mn

Rediff.com20 Jul 2010

Deccan Chronicle holds 80 per cent stake in Deccan Chargers and had paid $107 million for the IPL franchise.

Adani group, RIL, Tata lead race to buy bankrupt firms

Adani group, RIL, Tata lead race to buy bankrupt firms

Rediff.com29 Aug 2018

Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.