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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
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
Pandora probe confirms Adani link to BVI shell firms named in report
September 01, 2023 5:22 pm
To pick up and trade in Adani stocks, funds from unknown sources, reported FT, were channelled by these BVI shell companies through the Emerging India
Rahul Gandhi questions PM’s ‘uncomfortable silence’ on reports against Adani Group; says India's reputation at stake
September 04, 2023 5:57 pm
Addressing a press conference on the sidelines of the third meeting of opposition Indian National Developmental Inclusive Alliance, Gandhi said that at the time of G-20, India was trying to show the world and businesses that it is a level playing field without corruption.
What is the OCCRP, whose latest report makes fresh allegations against Adani
September 01, 2023 11:34 am
The Organized Crime and Corruption Reporting Project is a global network of investigative journalists founded in 2006.
Adani Group stocks fall; Adani Green Energy declines over 4% after OCCRP report
August 31, 2023 12:25 pm
Shares of Adani group stocks fell on Thursday after a report from investigative reporting platform OCCRP alleged hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based 'opaque' investment funds managed by partners of promoter family of Gautam Adani.
'Concerted bid to revive meritless Hindenburg report': Adani Group rejects 'hidden foreign investors' allegations by OCCRP
August 31, 2023 3:05 pm
"It is unfortunate that these publications, which sent us queries, chose not to carry our response in full," the group said.
Adani family's partners used 'opaque' funds to invest in its stocks : Report
August 31, 2023 11:27 am
Citing review of files from multiple tax havens and internal Adani Group emails, nonprofit media organization OCCRP said its investigation found at least two cases where the investors bought and sold Adani stock through such offshore structures.
Hindenburg report probe: Short selling in Adani shares led to ‘gains’ for 12 firms, ED to SEBI
August 30, 2023 8:29 am
Amongst the ‘top short sellers’ are also two Indian companies – one registered in New Delhi, against whose promoter SEBI had passed an order for misleading investors and stock market manipulation. The other is registered in Mumbai.
Adani-Hindenburg row: SEBI's inability to reach final conclusion 'deeply worrying', says Congress
August 26, 2023 4:23 pm
Congress leader Jairam Ramesh said that the country is clearly paying a heavy price for the SEBI's decision to delete the reporting requirements relating to the ultimate beneficial ownership of foreign funds.
SEBI to SC: Probe on to track owners of 12 FPIs who hold stake in Adani Group firms
August 26, 2023 1:33 am
The group's listed companies lost more than $100 billion in market value earlier this year after U.S.-based Hindenburg Research raised several governance concerns.
Sensex slips 180 pts, Nifty falls to 19,387; JioFin's losing streak continues, Reliance, L&T weigh
August 24, 2023 4:02 pm
Jio Financial Services continued its downward rally for the fourth day straight and hit 5 per cent lower circuit. The stock was locked at Rs 213.45 in the lower circuit today.
