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Adani Group
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Adani Group: A Colossus Under Scrutiny The Adani Group, an Indian multinational conglomerate founded in 1988 by Gautam Adani, has rapidly ascended to become a prominent force in various sectors, including ports, airports, energy, mining, and infrastructure. Initially a commodity trading business, th...
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- Company type Corporate group
- Industry Conglomerate
- Founded 20 July 1988
- Founders Gautam Adani
- Headquarters Ahmedabad, Gujarat, India
- Area served Worldwide
- Key people Gautam Adani (chairman)
- Revenue ₹3.09 lakh crore (US$35 billion) (2024)
- Net income ₹41,263 crore (US$4.7 billion) (2024)
- Number of employees ~36,000 (2024)
- Website www.adani.com
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- IKEA, Reliance Industries and V-Guard Industries
Adani Group history
Last Updated : 26/03/25, 11:30 PM
Adani Exports Limited: From Trading to Conglomerate Adani Exports, founded in 1988 with a capital of ₹5 lakhs, rapidly transformed from a commodity trading firm into a sprawling conglomerate. The establishment of Mundra Port in 1990 provided a crucial logistical advantage, fueling its growth. ...
ADANI GROUP NEWS
Awarding contract to Adani group will impose tariff burden on consumers: Congress
September 16, 2024 10:38 pm
“These revdis (freebies) distributed to the Adani Group will place a heavy tariff burden on the 2.7 crore consumers in Maharashtra," Jairam Ramesh remarked.
Mahayuti govt in Maharashtra chooses to spend last few days in power helping Adani: Congress
September 16, 2024 6:25 pm
Jairam Ramesh asked whether Rs 28,000 crore of the project cost will be financed entirely by the agencies controlled by the Ministry of Power of the Maharashtra government.
Sri Lanka's JVP vows to cancel Adani energy project if elected
September 16, 2024 1:06 pm
The Adani Group was set to invest over USD 440 million in the 20-year agreement for the development of 484 megawatts of wind power in the region.
Top member of Dhaka interim govt says Adani power deal under scrutiny
September 12, 2024 11:22 am
Supplies on in ‘spirit of partnership,’ despite ‘outstanding’: Adani Power
Despite Maharashtra nod, no official communication of Tower-Adani Group chip partnership to Centre
September 10, 2024 3:33 am
Under India’s $10 billion chip incentive scheme, entities looking to set up chip fabs or assembly plants can avail as much as half the capex costs as government subsidy.
Adani Group warns Bangladesh's $500 million debt from Godda power plant 'unsustainable': FT report
September 09, 2024 9:31 pm
Yunus’s top energy adviser, Muhammad Fouzul Kabir Khan, stated that Bangladesh's interim government has approached lenders, including the World Bank, for billions of dollars in loans to stabilise the country’s finances
Adani-Tower $10 bn chip plant announcement by Maharashtra came despite the Centre's pending nod
September 07, 2024 1:07 am
This is the second instance that a semiconductor unit has been announced first at the state-level, before the Centre cleared it.
Govt nod to $10-billion semiconductor project by Israel firm and Adani Group
September 06, 2024 9:43 am
The four projects spread across Panvel, Pune, Marathwada and Vidarbha are expected to generate 29,000 jobs, said the release issued by the government.
Adani sets up arm in Kenya for airport business
September 05, 2024 4:39 am
The subsidiary aims to take over, operate, and manage airports, with talks ongoing to invest in the airport business, it said in an exchange filing.
Adani's Mumbai slum revamp struggles to secure land in potential setback
August 27, 2024 3:37 pm
The project started in March with a survey to determine eligibility and its backers are aiming to complete construction in seven years.
