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ADANI GROUP NEWS

Adani Electricity to cut off power supply of Siddharth Colony residents who have not paid bills since 2019

July 08, 2021 9:17 am

With nearly 700 consumers not paying their bills for over two years, the overdue amount has soared to Rs 2.5 crore.

Gautam Adani loses $13 billion in four days in worst wealth rout

June 18, 2021 11:58 am

The 58-year-old tycoon has lost more money this week through Thursday than anyone else in the world, with his personal fortune tumbling by about $13.2 billion to $63.5 billion, according to the Bloomberg Billionaires Index.

See-saw for Adani Group stock, denies freeze on a/c of investors

June 15, 2021 1:19 am

The shares recovered partially after the group companies denied the news reports and informed stock exchanges that the demat accounts in which these foreign funds hold their shares were not frozen.

Explained: Why did the Adani Group shares crash on the stock exchanges?

June 21, 2021 11:56 am

Many of the Adani Group shares, which were the toast of the stock market bulls, hit the lower circuit in the opening session on Monday.

Adani Group to foray into cement business

June 12, 2021 9:23 pm

ACIL has an authorised share capital of Rs 10 lakh and paid-up share capital of Rs 5 lakh each and the new entity has 50,000 equity shares of Rs 10 each, Adani Enterprises stated in its filing with BSE.

A $43 billion jump in Gautam Adani's fortune is fraught with many risks

June 11, 2021 3:39 pm

Gautam Adani’s net worth of $76.7 billion got a boost from a 330% jump in Adani Total Gas Ltd., a 235% rise in his conglomerate’s flagship Adani Enterprises Ltd. and a 263% increase in Adani Transmission Ltd. this year.

Adani Group: ‘No parking fees for private vehicles for 10 mins at airports’

April 25, 2021 4:14 am

Recently, Prahlad Modi, brother of PM Narendra Modi who had stepped out of the airport in Ahmedabad refused to pay Rs 90 as parking fees saying that his car was not parked inside the airport.

Explained: The significance of the deal Flipkart, Adani group have signed

April 13, 2021 7:47 am

Adani Logistics Ltd will build a retail warehouse with an area of 5.34 lakh sqft which will be leased to Flipkart. Further, Flipkart will develop its third data centre at the AdaniConnecX facility in Chennai.

Flipkart inks pact with Adani Group, partnership to create 2,500 direct jobs

April 12, 2021 12:36 pm

In this two-pronged partnership, Flipkart will work with Adani Logistics Ltd, a wholly-owned subsidiary of Adani Ports and Special Economic Zone Ltd, to strengthen its supply chain infrastructure and further enhance its ability to serve its rapidly growing base of customers, a statement said.

Gujarat government bought solar power at Rs 9.13-15 per unit from private players

April 07, 2021 7:59 am

Of the these private entities, 38 sold power to Gujarat at Rs 15 per unit, while the remaining 23 players sold at Rs 9.13 to Rs 13.59 per unit.