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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...
Image Source : Wikipedia
- 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
Related Other Pages:
- 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
Daily Briefing: Stampede in Hathras; Modi’s attack on Rahul; Axar Patel, the ‘Jayasuriya of Nadiad’; and more
July 03, 2024 8:57 am
In today’s edition: A stampede in Hathras; Modi’s attack on Rahul; analysing ‘Modinomics’; Hindenburg-Sebi row; Axar Patel, the Jayasuriya of Nadiad; and more
‘Surreptitious aid to Adani by SEBI’: Hindenburg says received show cause notice from market regulator
July 03, 2024 8:53 am
According to Hindenburg, the K in one foreign portfolio investor (FPI) K India Opportunities Fund stands for Kotak Bank, founded by Uday Kotak, and was used by its investor partner to bet against Adani.
Congress targets PM over report on Adani Group 'taking' Chinese help in solar project
June 29, 2024 4:23 pm
"The Adani Group, a major recipient of taxpayer largesse via the Production Linked Incentive (PLI) scheme, has reportedly selected eight Chinese companies to help its solar manufacturing project and has asked for special permission to issue visas for 30 Chinese workers," Congress leader Ramesh wrote on the social media platform.
Hindenburg report designed to defame us, erode market value: Adani
June 25, 2024 8:55 am
On January 24, 2023, Hindenburg came out with 106-page report alleging “brazen stock manipulation and accounting fraud scheme” over the course of decades by the Adani group.
Gautam Adani drew Rs 9.26 crore salary in FY24 - lower than his executives, industry peers
June 24, 2024 9:05 am
Gautam Adani's salary is lower than heads of almost all large family-owned conglomerates in India.
Adani Ports bags 5-year operation and maintenance contract at Kolkata port
June 07, 2024 6:46 pm
APSEZ has to deploy cargo handling equipment within seven months from the letter of acceptance (LOA) date, the company said in a statement
Paytm, Adani say stake buying talks ‘speculative’
May 30, 2024 2:32 am
As per a media report, Adani is looking to buy a stake in Paytm. The report said that Paytm founder Vijay Shekhar Sharma met Adani in the latter's Ahmedabad office to ‘finalise the contours of the deal'.
Adani Enterprises board okays raising up to Rs 16,600 crore via QIP
May 29, 2024 8:26 am
QIP is a method by which listed companies raise funds by issuing equities to qualified institutional buyers.
Adani Group in USD 3.5 bn fund raise: Adani Enterprises to mop up Rs 16,600 cr via QIP
May 28, 2024 8:10 pm
The fundraising may happen in one or more tranches, Adani Enterprises said in a stock exchange filing.
Adani Ports to enter Sensex from June 24; Wipro to move out
May 25, 2024 12:28 pm
As per the reconstitution of S&P BSE indices, announced by Asia Index Pvt Ltd (AIPL) on Friday, APSEZ will replace Wipro in the 30-share Sensex with effect from June 24.
