Adani Group Chairperson Gautam Adani. File photo | Photo Credit: PTI Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world’s richest people, has been indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme, according to U.S. prosecutors. Authorities said Mr. Adani and seven … Read more
The Adani Group-owned Mundra Port in Mundra in January 2024. | Photo Credit: AFP Billionaire Gautam Adani on Wednesday (November 13, 2024) committed to investing $10 billion in energy and infrastructure projects in the United States. “Congratulations to @realDonaldTrump,” he posted on X. “As the partnership between India and the United States deepens, the Adani … Read more
The head of India’s markets regulator, Madhabi Puri Buch, continued to earn revenue from a consultancy firm during her seven-year tenure, potentially breaching rules for regulatory officials, according to public documents reviewed by Reuters. Hindenburg Research has alleged a conflict of interest in Buch’s investigations surrounding the Adani Group due to her previous investments. The … Read more
Gautam Adani. File. | Photo Credit: Reuters Adani Group chairman Gautam Adani, 62, plans to step down at the age of 70 and shift control to his sons and their cousins in the early 2030s, he told Bloomberg News. When Mr. Gautam retires, his four heirs – sons Karan and Jeet, and their cousins Pranav … Read more
Shares of FMCG firm Adani Wilmar jumped 6.4% to Rs 370.7 in Friday’s intraday trade on BSE after billionaire Gautam Adani‘s flagship entity Adani Enterprises on Thursday approved the demerger of the company’s food FMCG business to Adani Wilmar. “It is believed that the proposed demerger will unlock the direct value of the demerged company’s … Read more
Adani Energy Solutions, led by billionaire Gautam Adani, is likely to launch a share sale this week to raise more than $600 million, two sources with direct knowledge of the matter told Reuters on Monday. The sale of existing shares will be Adani Group’s first fundraise from equity markets after a $2.5 billion share sale … Read more
कारोबारी हफ्ते के आखिरी दिन शुक्रवार को शेयर बाजार में जोरदार तेजी देखने को मिली. ग्लोबल संकेत मिले-जुले होने के बावजूद भारतीय शेयर बाजार का तेज ओपनिंग के बाद शानदार क्लोजिंग रहा. सेंसेक्स में 1300 से ज्यादा अंकों की तेजी दर्ज की गई. जबकि निफ्टी में दमदार 440 अंकों का उछाल आया. शुक्रवार को सेंसेक्स … Read more
Adani group stocks significantly recovered, surging by up to 6% in Wednesday’s trade after experiencing a sharp decline of as much as 15% in early trading. ACC, Ambuja Cement, Adani Green Energy, and Adani Ports surged between 3-6%. In early Wednesday trade, Adani Energy Solutions declined 15%, while Adani Power fell 12%. Adani Enterprises, Adani … Read more
Maharashtra Chief Minister Eknath Shinde has said that the state has inked memorandums of undertaking (MoUs) worth Rs 3,53,675 crore at the World Economic Forum 2024 in Davos, Switzerland. Shinde thanked investors, noting the increased confidence of global industries that showed interest in investing Rs 1 lakh crore in Maharashtra. These MoUs have the potential … Read more
Tata Consumer Products. Share Price 1086.80 03:59 PM | 29 Dec 2023 45.80(4.39%) Tata Motors. Share Price 779.95 03:59 PM | 29 Dec 2023 26.06(3.45%) Bajaj Auto. Share Price 6797.25 03:59 PM | 29 Dec 2023 93.95(1.40%) Adani Enterprises. Share Price 2848.95 03:59 PM | 29 Dec 2023 39.05(1.38%) Eicher Motors. Share Price 4143.50 03:59 … Read more