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Norway’s sovereign wealth fund removes Adani Green Energy from its portfolio, citing corruption-related risk criteria, while domestic mutual funds significantly increase their stake in the renewable energy firm

Norway’s sovereign wealth fund pulls out of Adani

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Norges Bank drops Adani Green from portfolio amid corruption criteria Norway's USD 1.2 trillion sovereign wealth fund, the world's largest, has decided to exclude Adani...
Gautam Adani steps down as executive chairman of Adani Ports amid ongoing US probes into bribery and narcotics smuggling. Was the move strategic or reactive to external pressure?

Gautam Adani steps down to non-executive role in Ports business; Fears US probe on...

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Adani resigns from key post In a surprising development, Gautam Adani resigned from the post of executive chairman of Adani Ports and redesignated as non-executive...
The move comes weeks after a bombshell indictment in New York accused the conglomerate's billionaire founder Gautam Adani of deliberately misleading international investors as part of a bribery scheme

Hit by bribery charges, Adani opts out of US funding for its Colombo Port...

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Adani Ports to self-finance Colombo Port Terminal Project Hit by US SEC indictment for bribery charges, industrialist Gautam Adani's Group has pulled out of a...
Adani Vizhinjam Port is one of 269 global organizations to win a ‘Distinction in the International Safety Awards 2024’, of the total 1,124 that won the award

Adani Vizhinjam Port wins ‘International Safety Award’ from British Safety Council

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Adani Vizhinjam Port In Kerala Wins International Safety Award For 2023 In a major achievement for the Adani Group, the Adani Vizhinjam Port Private Limited...
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,...
A Customs-bonded area and improved road connectivity have been put in place to support EXIM cargo movement

Vizhinjam port to commence EXIM operations from Aug 18

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Kerala's Vizhinjam port enters new trade era Kerala Chief Minister V D Satheesan on Thursday said export-import operations at the Vizhinjam International Seaport would commence...
The giant ship was given the traditional water salute, following which she berthed successfully

In a historic moment, first mothership officially received at Adani Group’s Vizhinjam Port

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Adani Group's Vizhinjam Port receives first mothership On Friday in a historic moment in India's port history, the first mothership at Vizhinjam Port was received...
Deloitte questions 3 major transactions of Adani Port

Deloitte flags Adani Port transactions

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Is fresh trouble for Adani? Deloitte flags Adani Ports transactions over lack of review Auditor Deloitte flagged three transactions, including recoveries from a contractor identified...
As per the resolution plan, Karaikal Port has allotted 10 lakh equity shares of Rs 10 each to APSEZ aggregating to Rs 1 crore on March 31

Adani Ports acquires all-weather deep water Karaikal Port; to infuse Rs.1,485 cr to pay creditors

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Adani Group gains a further foothold in the port sector on the eastern coast The Adani Group has acquired the all-weather deep water Karaikal Port...
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...

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