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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

Adani unit to set up EV charging stations at new MG dealerships

April 08, 2024 1:33 pm

In terms of MoU, ATEL will set up CC2 60 kW DC chargers at upcoming MG dealerships to bolster the charging network and enhance customer accessibility.

With core assets in Khavda & Mundra, Kachchh becomes central to Adani’s green ambitions

April 08, 2024 7:18 am

Around 150 kilometres south of the Khavda plant, also in Kachchh district, lies an integrated solar photovoltaic (PV) and wind turbine manufacturing facility owned by Adani New Industries Limited (ANIL), a wholly-owned subsidiary of Adani Enterprises Limited.

Adani family infuses Rs 6,661 crore into Ambuja Cements, hikes stake to 66.7%

March 29, 2024 12:30 am

“The funds infusion will be instrumental in enhancing conclusively to accomplish the capacity of 140 million tonnes per annum by 2028 by the cement vertical,” Ambuja Cements said in filing to exchanges.

Adani commences phase-1 operations at $1.2-billion copper plant in Mundra

March 29, 2024 2:04 am

Kutch Copper, a subsidiary of group's flagship firm Adani Enterprises Ltd, "commissioned the first phase" of $1.2 billion "greenfield copper refinery by dispatching the maiden batch of cathodes to customers", the company said in a statement.

In a first, Reliance buys 26% stake in Adani Power’s unit

March 29, 2024 10:23 am

Mahan Energen Ltd (MEL), a wholly owned subsidiary of Adani Power Ltd, has agreed to allot five crore equity shares of face value of Rs 10 each of MEL to RIL at par.

Adani group debuts in metal industry, begins operation of first copper unit in Mundra

March 28, 2024 11:29 am

Adani Enterprises is investing nearly USD 1.2 billion to set up a copper smelter with 0.5 million tonnes capacity in the first phase.

SC rejects Adani firm’s plea to recover Rs 1,376 cr from Rajasthan discom

March 19, 2024 6:18 am

A bench of Justices Aniruddha Bose and PV Sanjay Kumar said “a relief of this nature cannot be asked for in a miscellaneous application which was described in the course of hearing as an application for clarification”.

Adani group to invest $14 billion in FY25

March 18, 2024 10:16 am

In the December quarter, Adani's portfolio reported record EBITDA growth of 63.6 per cent, taking its 12-month EBITDA to an all-time high of USD 9.5 billion (Rs 78,823 crore) in 2023.

US probing Adani Group and founder over potential bribery: Report

March 16, 2024 8:49 am

Prosecutors are digging into whether an Adani entity or people linked to the company, including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project, the report said, citing people with direct knowledge of the matter.

UP to help India become self-reliant in defence production: Adityanath

February 28, 2024 8:19 am

Says all six nodes of defence corridor contributing to country’s self-reliance

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