Adani Infra’s Rs 685cr move: What the PSP Projects acquisition means for India’s infrastructure
Adani Infra (India) Limited, a subsidiary of Adani Enterprises Limited, has signed a definitive agreement to acquire a 30.07% equity stake in PSP Projects Limited ... Read More
Adani Group under fire again: SEBI’s latest move raises major concerns
In a fresh regulatory blow to the Adani Group, India’s market regulator, the Securities and Exchange Board of India (SEBI), has issued show-cause notices to ... Read More
Why Adani Enterprises ended Rs 800cr NCD issue ahead of schedule
Adani Enterprises Limited, the flagship company of the Adani Group, has announced the early closure of its public issuance of ₹800 crore in secured non-convertible ... Read More
Adani Enterprises announces robust growth in FY24 financial results
Adani Enterprises Ltd (AEL), a pivotal entity within the Adani Group, has reported substantial growth in its financial results for the fourth quarter and the ... Read More
Adani Enterprises launches first copper refinery unit in Mundra, marks entry into metal industry
In a significant development that marks its foray into the metal industry, Kutch Copper, a subsidiary of Adani Enterprises Limited, has commissioned the first unit ... Read More
Adani Portfolio achieves record 47% EBITDA growth in H1FY24, surpassing Rs 43,000cr
Adani Portfolio, a leader in infrastructure development in India, has announced a record-breaking EBITDA growth of 47% in the first half of fiscal year 2024 ... Read More
Adani New Industries secures $394m trade finance facility from Barclays, Deutsche Bank
Adani New Industries Limited (ANIL) has successfully raised a trade finance facility of $394 million (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG. ... Read More
AdaniConneX secures $213m construction financing for data center expansion in India
AdaniConneX, a joint venture between Adani Enterprises Ltd (AEL) and EdgeConneX (ECX), has successfully secured a $213 million senior debt facility to finance its ongoing ... Read More
Adani Group breaks ground on Vizag data center and technology business park
The Adani Group has broken ground on an integrated data center and technology business park in Visakhapatnam (Vizag), Andhra Pradesh. The groundbreaking ceremony was attended ... Read More
GQG Partners injects $1.9bn in Adani Portfolio companies
American equity investment boutique GQG Partners has completed a secondary equity transaction worth INR 15,446 crores ($1.87 billion) with the Adani Portfolio companies. The companies ... Read More