Journalism of Courage
Adani Group
Follow on:
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...
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
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
‘You think they will accept the charges? Hundreds arrested on tiny charges, why Adani not in jail?’ Rahul Gandhi
November 27, 2024 5:19 pm
The Congress demanded that the allegations against Adani be discussed in detail in Parliament and investigative agencies, as well as SEBI, impartially probe these charges.
Adani Green says Gautam Adani, nephew Sagar Adani not charged with violation of US anti-corruption law
November 27, 2024 3:41 pm
Following the AGEL’s clarification, its shares were trading at Rs 933.45 a share, up 3.79 per cent on the BSE in morning trades. Adani Enterprises was up 3.53 per cent and Adani Ports and Special Economic Zone gained 1.26 per cent.
Moody’s downgrades Adani firms’ ratings outlook to ‘negative’
November 27, 2024 7:51 am
Moody’s action follows that of Fitch Ratings on Monday and that of S&P Global last week
No material impact of TotalEnergies' decision as no funding talks were on: Adani
November 26, 2024 1:58 pm
TotalEnergies, France's largest oil and gas company, first joined hands with Adani in 2018 for a liquefied natural gas (LNG) venture before buying a 19.75 per cent stake in AGEL and a stake in three solar assets for USD 2.5 billion in 2020-21.
Adani indictment: US State Department declines comment on disruptions in Indian Parliament
November 26, 2024 9:28 am
The US authorities have indicted Gautam Adani and seven others including his nephew Sagar Adani
SP MP Javed Ali Khan: 'INDIA bloc should rethink its strategy … If allies are not given respect, due share, what is the point?'
November 26, 2024 5:23 pm
“We will explore if any judicial remedy is possible (on the Sambhal issue). We are in consultation with legal experts,” says Rajya Sabha MP, who is from Sambhal district.
France’s TotalEnergies pauses investments in Adani group following US indictment over alleged bribery case
November 25, 2024 5:44 pm
The Paris-headquartered company said that it was not made aware of the existence of an investigation into Adani group officials in the US
Nine Adani group firms climb in early trade; Adani Energy surges nearly 7 pc
November 25, 2024 12:56 pm
NDTV shares went lower by 2 per cent.
On 1st day of Winter Session, both Houses adjourned in an hour as Opposition seeks to raise Adani issue
November 26, 2024 8:08 am
Last week, the United States Department of Justice unsealed a criminal indictment naming Gautam Adani, his nephew Sagar R. Adani and others from the Adani Group for allegedly bribing officials in India in connection with solar energy contracts.
None of Adani Group's 11 public companies are subject to indictment: Group CFO
November 24, 2024 8:03 am
US prosecutors in New York on Wednesday charged Chairman Gautam Adani, Sagar Adani, and six others for allegedly offering Rs 2,029 crore in bribes to Indian government officials.
