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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

As Congress sticks to Adani demand, unease within party and INDIA bloc about stalling Parliament

December 02, 2024 7:44 am

A section of Congress's Lok Sabha MPs believe that the party’s Rajya Sabha leadership calling the shots, wants the House to resume normal business after the first week of the Winter Session was washed out.

'Every attack makes us stronger': Gautam Adani breaks silence on US allegations

December 01, 2024 8:46 pm

"In today's world, negativity spreads faster than facts, and as we work through the legal process, I want to re-confirm our absolute commitment to world class regulatory compliance," he added, without giving further details.

'How can this govt be part of probe into itself': Cong's dig at MEA response on Adani issue

November 30, 2024 11:47 am

In the first official reaction after the industrialist was charged, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said India is yet to receive any communication for cooperation in the case.

Winter Session: House proceedings adjourned till Monday amid Opposition protests

November 30, 2024 3:07 am

Opp members demand discussion on Adani issue, Sambhal, Manipur violence; Dhankhar says adjournment notices being weaponised as disruption mechanism

Sensex, Nifty rebound after deep plunge to settle nearly 1% higher

November 29, 2024 8:04 pm

Majority of the Adani group firms ended higher, with Adani Green Energy soaring 21.72 per cent, and Adani Energy Solutions surging 15.56 per cent on the BSE.

Legal matter between private party & US: Govt on Adani indictment

November 30, 2024 1:58 am

Replying to questions during the weekly MEA briefing, spokesperson Randhir Jaiswal said the government saw the case as a legal matter involving private firms and individuals and the US Department of Justice.

Crisil says no negative actions so far by lenders, investors on Adani following US indictment

November 29, 2024 2:10 pm

The US Department of Justice and the US SEC issued an indictment and a civil complaint, respectively, in the US District Court against Gautam Adani, Sagar Adani and Vneet Jaain, key functionaries of Adani Green Energy Ltd (AGEL).

Adani row not on its agenda, TMC breaks ranks with Congress: ‘We want Parliament to run’

November 29, 2024 10:32 pm

The ties between the two parties have been strained ever since the West Bengal Assembly polls in 2021 in which the grand old party and the Left fought against the TMC.

Delhi Confidential: House Rules

November 29, 2024 3:37 am

When Jagdeep Dhankhar told the House that he was rejecting all the notices calling for discussions on allegations against the Adani Group, and the violence in Manipur and Sambal, he pointed out that his “dear friend” Jairam Ramesh had raised a “good question” by asking how the Chair could be persuaded.

Nine Adani Group firms trade higher; Adani Total soars nearly 19%

November 28, 2024 12:05 pm

The stock of Adani Total Gas soared 18.58 per cent, Adani Power zoomed 11.44 per cent, Adani Energy Solutions jumped 9.99 per cent and Adani Green Energy surged 9.99 per cent on the BSE.

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