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Adani Group

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Adani Energy Solutions gets CCI approval for Rs 3,050cr IntelliSmart deal, but Rs 5,500cr rollout bill looms

India's competition regulator has approved Adani Energy Solutions' acquisition of IntelliSmart Infrastructure, advancing a deal that could create a smart metering portfolio exceeding 4.7 crore contracted meters. The transaction strengthens the group's position in electricity distribution digitalisation, although significant installation expenditure and integration requirements remain before the expanded portfolio can generate its expected returns.
Nvidia-backed Nscale has filed for a New York Stock Exchange IPO after building more than $103 billion of contracted AI infrastructure value. Representative image.
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Adani–Jabil AI hardware partnership moves forward as India targets a bigger share of global data centre investment

Adani Enterprises Limited and Jabil Inc. have signed a non-binding memorandum of understanding for a 50:50 artificial intelligence infrastructure manufacturing joint venture in India, moving their June alliance into a more defined development phase as demand for servers, advanced cooling and power equipment accelerates.