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Adani Group

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...

Adani Group Overview

adani group 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

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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

PM Modi won't debate with me as he can't answer questions on Adani links: Rahul Gandhi

May 18, 2024 10:59 pm

The former Congress president also hit out at the media, alleging they were "friends of 2-3 industrialists" as they would either show Ambani weddings, Bollywood stars or Narendra Modi on their channels round the clock.

Norway sovereign wealth fund excludes Adani Group's APSEZ, joins 14 other Indian cos facing similar action

May 18, 2024 12:31 pm

Sources however said the Adani group firm sold the Myanmar asset entirely in May last year, and there has been no incremental disclosures made regarding that asset, as the company has fully exited.

Seven listed Adani Group companies received SEBI notices in FY24

May 16, 2024 12:35 am

The Adani Group’s flagship company, Adani Enterprises, Adani Green Energy, Adani Power, Adani Energy Solutions, Adani Total Gas and Adani Wilmar received the SEBI notices in the Q4 FY2024, for violations of certain norms

No ‘sudden’ silence, Adani-Ambani a Rahul refrain, in this campaign too

May 10, 2024 9:22 am

Over the last one week, reference to “Adani and Ambani” has figured in almost every Rahul speech.

How much did Ambani, Adani give you, PM asks Congress; Rahul says let ED probe them

May 09, 2024 11:23 am

Suggests truck loads of black money reaching the Congress; party says PM ‘pinched’ by Rahul’s criticism, feeling the heat

Adani Enterprises Q4 net profit falls 37% to Rs 450 crore

May 02, 2024 4:57 pm

The company reported consolidated net profit of Rs 450.58 crore in January-March, the fourth quarter of fiscal year 2023-24, compares to Rs 722.48 crore net profit in the same period last year.

Adani Energy Solutions net profit falls 13% to Rs 381 crore in Q4

May 01, 2024 12:37 pm

The company's income was Rs 17,218.31 crore in FY24 as against Rs 13,840.46 crore in FY23. The expenses stood at Rs 4,358.83 crore in the period under review, as against Rs 3,200.50 crore in the year-ago period.

Sebi finds Adani offshore investors in disclosure rules violation: Report

April 23, 2024 8:15 am

Eight of these offshore funds have approached the regulator via written request to settle the charges by paying a penalty without admission of guilt, the sources added.

Bank accounts frozen after protest against port: Kerala Latin church

April 23, 2024 7:44 am

The move came after the fishermen’s protest against Adani group’s under construction seaport at Vizhinjam near Thiruvananthapuram, a pastoral letter said Sunday.

Adani family infuses additional Rs 8,339 crore into Ambuja Cements; hikes stake to 70.3%

April 18, 2024 1:04 am

With the current round of capital infusion, the promoters have increased their stake in Ambuja Cements by a further 3.6 per cent to 70.3 per cent, the company said in a release.

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