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MoU was inked in presence of Adani Group Founder & Chairman Gautam Adani and Chief Minister Eknath Shinde

Maha govt inks pact with Adani Group to set up Rs.50,000 cr hyperscale data...

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Adani Group to invest Rs.50,000 crore in Maharashtra over 10 years The Maharashtra government has signed a MoU with Adani Enterprises Ltd (AEL) on Wednesday...
According to the report, the value of the top 500 companies from Burgundy Private and Hurun India list in India decreased marginally by 6.4 percent to Rs.212 lakh crore from Rs.227 lakh crore as on October 30, 2022

Adani Group companies valuation halves. Reliance is the most valuable private company: Report

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Reliance tops Hurun’s list of most valuable private sector companies in India; Adani firms' combined value falls 52% Valuation of Adani Group's eight companies more...
Adani portfolio companies operate in utility and infrastructure businesses with more than 83 per cent of EBITDA being generated from core infrastructure businesses

Adani Group shows record-breaking performance across portfolios; EBITDA grows at 36% to Rs.57,219 cr

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Adani Group records its highest-ever EBITDA at the group portfolio level of Rs.57,219 cr, achieving a 36% growth Adani Group, India’s largest critical infrastructure developer,...
Shah Dhandharia had been appointed as the statutory auditor of both Adani Total Gas and Adani Enterprises for a five-year term at the annual shareholders’ meeting in 2022

Little-known Auditor named in Hindenburg report resigns from Adani company

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Adani Total Gas Auditor Shah Dhandharia resigns amid Hindenburg Report fallout A small Ahmedabad-based chartered accountancy firm - Shah Dhandharia, whose appointment was questioned by...
Quintillion Business Media runs the news platform Bloomberg Qunit, now called BQ Prime

Gautam Adani’s AMG Media acquires 49% in Quintillion Business Media for Rs.48 cr

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Adani Group completes acquisition of 49% stake in Quintillion Business Media Billionaire Gautam Adani-helmed AMG Media Networks has acquired about a 49 percent stake in...
The comeback strategy is based on addressing investor concerns around debt by repaying some loans, consolidating operations, and fighting off allegations

Adani Group suspends work on Rs.34,900 cr petrochemical project in Gujarat after Hindenburg row

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Adani Group halts Gujarat Project after Hindenburg fallout The Adani Group, one of India's largest conglomerates, has suspended work on an Rs.34,900 crore petrochemical project...
Given the extraordinary circumstances, the company's Board felt that going ahead with the issue would not be morally correct says Adani

Adani Group calls off Rs.20,000 cr FPO as stocks take a beating

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Adani group to return FPO money to investors On Wednesday evening, hours after its shares crashed at the bourses, the Adani Group decided to call...
Adani Group firms continue to be buffeted from the impact of the Hindenburg expose

Hindenburg expose: Majority of Adani Group firms end lower. Combined market cap falls Rs.5.56...

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Adani-Hindenburg saga continues Shares of most of the Adani Group firms ended lower on Monday, a day after it released a 413-page response to allegations...
In its investigation, which Hindenburg said took two years to compile, the research firm questioned the “sky-high valuations” of Adani firms and said their “substantial debt” puts the entire group “on a precarious financial footing”

Hindenburg alleges brazen fraud by Adani in manipulating Stock Exchange prices. Company calls it...

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US-based Hindenburg Research accuses Adani Group of share rigging, fraud A US activist investor research firm - Hindenburg Research - has alleged that Adani Group...
In a 10-page order, the Special Judge outlined the violations by every three companies even after the technical evaluation committee of the Coal Ministry pointed out that none of the companies submitted enough documents

Special Court on ‘coal scam’ orders further CBI probe on Adani Enterprises, Lanco, and...

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Coal scam: CBI court orders probe on three companies The Special Court conducting a ‘Coal Scam’ trial ordered a further probe by CBI on the...
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