India’s Adani Group sees $30bn in value wiped off after US indictments Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US... Published 21 Nov, 2024 11:35am
World Indian tycoon Gautam Adani charged in US over $265 million bribery scheme NEW DELHI: Indian billionaire Gautam Adani has been indicted by US prosecutors for his alleged role in a $265... Updated 21 Nov, 2024 02:00pm
World India’s Adani slashes electricity to Bangladesh: power officials DHAKA: Indian conglomerate Adani has slashed cross-border electricity supply to Bangladesh by half due to some $850... Published 03 Nov, 2024 03:38pm
World India’s Adani Ports maintains FY25 core profit outlook after Q2 profit miss India’s Adani Ports and Special Economic Zone said it is “well positioned” to hit the upper end of its core profit... Published 29 Oct, 2024 02:47pm
World India’s Adani Green calls off planned dollar bond sale, sources say MUMBAI: India’s Adani Green Energy cancelled its plan to raise funds via US dollar-denominated bonds after investors... Published 16 Oct, 2024 10:45am
Business & Finance Adani Enterprises Q3 profit more than doubles BENGALURU: India’s Adani Enterprises reported a more than two-fold jump in third-quarter profit on Thursday, helped... Published 01 Feb, 2024 02:03pm
Business & Finance Indian tycoon Adani bets big on vast solar and wind plant KHAVDA: Deep in the desert along the border with Pakistan, India’s most controversial billionaire is building the... Published 19 Jan, 2024 01:50pm
Business & Finance India’s Adani Green plans to redeem $750mn bonds due Sept MUMBAI: India’s Adani Green Energy Ltd said on Monday it plans to redeem $750 million worth of notes due on Sept. 9,... Published 08 Jan, 2024 02:37pm
Business & Finance India’s Adani Green secures additional $1.36bn loan BENGALURU: India’s Adani Green Energy said on Tuesday it has received a follow-on funding of $1.36 billion via a... Published 05 Dec, 2023 11:07am
Business & Finance TotalEnergies to invest $300mn in JV with Adani Green Energy BENGALURU: French oil major TotalEnergies will invest $300 million to form a joint venture with Adani Green Energy... Published 20 Sep, 2023 06:27pm
World India government says court should check ‘truthfulness’ of Hindenburg report on Adani BENGALURU/NEW DELHI: The Indian government has told the country’s top court that the “truthfulness” of allegations... Published 17 Feb, 2023 07:32pm
Business & Finance Adani Green to disclose refinancing plan after fiscal year ends HONG KONG: Adani Green Energy has a refinancing plan which the Indian company will disclose after the fiscal year... Published 16 Feb, 2023 09:37pm
Business & Finance Adani Group hires banks to hold bond investor calls after market rout NEW YORK: India’s Adani Group and two of its main subsidiaries caught up in a short-selling storm in recent weeks... Published 15 Feb, 2023 09:10pm
Business & Finance India’s Adani Enterprises swings to Q3 profit on strong coal trading BENGALURU: Adani Enterprises reported a swing to third-quarter profit on Tuesday from a loss a year earlier, and... Published 14 Feb, 2023 03:24pm
World Adani crisis: Modi’s party has ‘nothing to hide’, says India home minister MUMBAI: Indian Prime Minister Narendra Modi’s party has “nothing to hide or be afraid of” on the controversy over... Published 14 Feb, 2023 12:30pm
Business & Finance Adani slashes growth targets amid rout sparked by Hindenburg India’s Adani Group has halved its revenue growth target and plans to scale down fresh capital expenditure,... Published 13 Feb, 2023 02:11pm
World Indian regulators aware of concerns on Adani issue, finance minister says NEW DELHI: Indian regulators are aware of concerns regarding the Adani Group conglomerate, the finance minister said... Published 11 Feb, 2023 01:52pm
Business & Finance Adani group firms pledge shares for lenders of flagship company: SBICAP Trustee Three Adani group companies have pledged shares for lenders to the Indian conglomerate’s flagship Adani Enterprises,... Published 11 Feb, 2023 10:29am
Business & Finance Indian regulator probes Adani’s links to investors as Modi’s office is briefed MUMBAI/NEW DELHI: India’s market regulator is investigating Adani Group’s links to some of the investors in the... Published 10 Feb, 2023 04:56pm
Markets MSCI to cut weighting of four Adani firms in wake of Hindenburg report Index provider MSCI said it will cut the weightings of four Adani Group companies, including flagship firm Adani... Published 10 Feb, 2023 10:22am
Business & Finance Adani Total Gas Q3 profit rises on price hikes BENGALURU: India’s Adani Total Gas reported a 17.2% rise in quarterly profit on Thursday on price hikes and... Published 09 Feb, 2023 04:26pm
Business & Finance India’s Adani Wilmar profit rises 16%, shrugs off Hindenburg report impact CHENNAI: Fortune brand-owner Adani Wilmar on Wednesday reported a 16% increase in quarterly profit on higher demand... Published 08 Feb, 2023 05:05pm
Markets Adani crisis unlikely to pose credit risk for Indian banks MUMBAI: The exposure of Indian banks to the embattled Adani Group is not enough to impact their credit profiles, two... Published 08 Feb, 2023 01:35pm
Business & Finance Adani-owned NDTV's profit more than halves on advertising drop BENGALURU: Indian broadcaster New Delhi Television Ltd, part of the embattled Adani Group, said on Tuesday that... Updated 07 Feb, 2023 11:09pm
Business & Finance Adani Total expects to receive 2.2mn T at Dhamra LNG terminal in FY24 BENGALURU: Adani Total Private Ltd expects to receive 2.2 million tonnes of liquefied natural gas (LNG) at its... Published 07 Feb, 2023 09:20pm
Business & Finance India’s Adani-owned Ambuja Cements’ Q3 profit jumps on lower fuel costs India’s Ambuja Cements Ltd, owned by the embattled Adani Group, reported a 46% jump in quarterly profit on Tuesday... Published 07 Feb, 2023 04:35pm
Business & Finance India’s Adani Green Q3 profit more than doubles on robust power demand BENGALURU: India’s Adani Green Energy, the renewable energy arm of the embattled Adani Group, reported a more than... Published 07 Feb, 2023 04:25pm
Business & Finance TotalEnergies says Adani exposure ‘limited’ at $3.1bn PARIS: French oil and gas major TotalEnergies said Friday its capital exposure to troubled Indian conglomerate Adani... Published 03 Feb, 2023 05:50pm
Business & Finance India’s Adani tries to allay concerns as lenders step up scrutiny MUMBAI: India’s Adani Group has reached out to banks to try to allay their concerns as some consider tighter credit... Published 03 Feb, 2023 04:41pm
Business & Finance Fitch says no immediate impact on Adani ratings after Hindenburg report Ratings agency Fitch said on Friday it saw no immediate impact on its ratings of Adani Group entities and their... Published 03 Feb, 2023 02:01pm