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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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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 Enterprises Q1 Results: Net profit jumps 44% to Rs 674 cr; revenue slips 38%
August 03, 2023 4:22 pm
Adani Enterprises consolidated net profit for the April-June quarter jumped 44.4 per cent year-on-year to Rs 676.93 crore, the Adani group's flagship company said in an exchange filing on Thursday.
Adani Group acquires majority stake in Sanghi Industries for Rs 5,000 crore
August 04, 2023 12:20 am
“This landmark acquisition is a significant step forward in Ambuja Cements’ accelerating growth journey,” Gautam Adani, Chairman of the Adani Group said in a statement.
Sensex slumps 542 pts, Nifty tanks 145 pts; Adani Ent jumps 2%, Vedanta slips 7%
August 03, 2023 4:02 pm
IndiGo slipped 4.5 per cent to close at Rs 2,450 even after the domestic airline reported its highest-ever quarterly profit in the April-June period at Rs Rs 3,090.6 crore.
Sensex closes 68 pts down amid volatility, Nifty50 at 19,737; Power Grid, Hero MotoCorp top losers
August 01, 2023 3:48 pm
Shares of Hero MotoCorp tanked 3.24 per cent on NSE after reports stated that the ED on Tuesday conducted raids against the automaker's executive chairperson Pawan Munjal and others as part of a money laundering investigation.
Adani Green Q1 Results: Net profit jumps 51% to Rs 323 crore, revenue rises 33%
July 31, 2023 3:11 pm
Adani Green's revenue from power supply jumped 55 per cent to Rs 2,059 crore YoY, from Rs 1,328 crore.
All changes made to benefit Adani: Congress alleges TDR scam in Dharavi redevelopment scheme
July 30, 2023 2:38 pm
Congress MLA Varsha Gaikwad alleged that all the changes are being brought to ensure a profit to Adani
Adani Group's Mundra port handled 5,300 TEUs in July
July 27, 2023 1:31 pm
Group company Adani Ports and Special Economic Zone Ltd (APSEZ) operates the Mundra Port which is the largest integrated transport utility in India.
Bain Capital snaps up Adani Capital for around Rs 1600 crore
July 24, 2023 9:54 am
Global private equity major Bain Capital has agreed to acquire 90 per cent of the equity capital of Adani Capital, the shadow banking arm of the diversified Adani group, which lends to small businesses and for low-cost homes.
Adani meets Sri Lankan President, proposes green hydrogen project
July 21, 2023 2:28 pm
Billionaire Gautam Adani on Friday proposed to set up a green hydrogen plant in Sri Lanka, where his conglomerate is already developing a container terminal and a 500 MW wind project.
Adani Group to continue using ACC, Ambuja brands; 'no plans to merge' cement units
July 20, 2023 4:15 pm
Adani Group will continue to use its ACC and Ambuja cement brands to sell cement products and has no plans to merge the two entities, Ajay Kapur, chief executive officer of both cement companies, said at an annual shareholder meeting.
