Ambuja Cements consolidates Sanghi Industries and Penna Cement for strategic growth
Ambuja Cements Limited, a key entity within the diversified Adani Group, has announced a strategic amalgamation of its subsidiaries—Sanghi Industries Limited (SIL) and Penna Cement ... Read More
Ambuja Cements leads renewable energy transition with Khavda solar project
Ambuja Cements Limited, a prominent name in the cement industry decarbonisation movement, has achieved a landmark milestone by commissioning its 200 MW solar power project ... Read More
Ambuja Cements partners with Coolbrook to accelerate net zero goals
Ambuja Cements Limited, a part of the diversified Adani Group portfolio, has made a significant stride towards achieving its ambitious Net Zero goals by forming ... Read More
Adani Group faces fallout as TotalEnergies halts investments over $265m bribery charges
French multinational TotalEnergies has halted further financial contributions to its joint ventures with India’s Adani Group after the conglomerate was engulfed in a bribery scandal. ... Read More
Gautam Adani faces U.S. summons over multimillion-dollar bribery scheme
The U.S. Securities and Exchange Commission (SEC) has summoned Indian billionaire Gautam Adani and his nephew Sagar Adani in connection with allegations of orchestrating a ... Read More
Kenya cancels Adani Group airport and energy projects after U.S. indictment
Kenya's President William Ruto has ordered the termination of major contracts with the Indian conglomerate Adani Group, citing concerns over ethical governance following the indictment ... Read More
Gautam Adani in hot water as U.S. charges him with corruption
Indian billionaire Gautam Adani, one of the world’s wealthiest individuals and chairman of the Adani Group, has been accused of orchestrating a multibillion-dollar bribery scheme ... Read More
Adani warns Bangladesh: Settle $800m dues by November 7 or face power cut
Adani Power, part of the sprawling Indian conglomerate led by Gautam Adani, has issued an ultimatum to the Government of Bangladesh: settle $800 million in ... 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
Adani group set for game-changing Rs 3,204cr acquisition in ITD Cementation India
In a major move that could redefine India’s infrastructure landscape, the Adani Group is on the brink of acquiring a controlling 46.64% stake in ITD ... Read More