Tag: adani group

Adani Group chairman Gautam Adani during an event in Nagpur.(PTI)
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Adani Group reacts to US ‘bribery’ charges against Gautam Adani: ‘Baseless’

Nov 21, 2024 02:03 PM IST Adani Group rejected charges made by US prosecutors that Gautam Adani had paid more than $250 million in bribes…

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The US market regulator SEC alleged the scheme was to secure a commitment of the Indian government buying energy from them at above-market rates that would benefit Adani green and Azure Power(Reuters)
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Adani stocks crash up to 20% after Gautam Adani indicted by US over alleged $250 million bribe plot

Adani Group shares plunged when the markets opened on Thursday, November 21, 2024, after the US Securities and Exchange Commission (SEC) announced it was pressing…

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Indian billionaire Gautam Adani speaks during an event. (REUTERS)
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Adani group’s bonds tumble after Gautam Adani charged in US with bribery, fraud | Top updates

Nov 21, 2024 09:05 AM IST Gautam Adani indicted: The billionaire has been charged with paying millions of dollars of bribes and hiding payments from…

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The new Adani international convention centre would result in direct competition with Reliance's Jio World convention centre at coveted corporate hub, the Bandra Kurla Complex. It is the city's largest at around 1 million square feet in size.(Reuters)
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Adani to set up a $2 billion International Convention Centre, compete with Jio World: Report

The Adani Group plans to spend $2 billion to build Mumbai’s largest international convention centre (ICC) near the international airport that it also operates, according…

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Electric power transmission pylon miniatures and Adani Green Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic
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Bangladesh to expedite payment to Adani Power after supply reduced: Report

Nov 04, 2024 02:08 PM IST The company has given Bangladesh a deadline of November 7 for the fulfillment of the unpaid dues amounting to…

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The Adani Group aims to buy Heidelberg Materials' Indian cement business valued at $1.2 billion, enhancing its cement sector footprint after acquiring stakes in Ambuja Cement, Sanghi Industries, and Penna Cement.(ANI)
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Gautam Adani to acquire Heidelberg’s Indian cement unit for $1.2 billion?

Oct 07, 2024 11:00 AM IST In a $1.2 billion deal, Adani Group plans to acquire Heidelberg Materials’ Indian cement operations, after recent acquisitions. Adani…

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Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch speaks during the Annual Capital Markets Conference 2024, in Mumbai, Friday, Aug. 2, 2024.(Shashank Parade/PTI)
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PAC summons Sebi chairperson Madhabi Puri Buch and officials from DEA, TRAI, revenue dept: Report

Oct 05, 2024 11:25 AM IST The Public Accounts Committee (PAC) has summoned Sebi chief Madhabi Puri Buch on October 24 amid the controversy caused…

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An aerial view of the world’s largest renewable energy plant, the 30 GW Khavda Renewable Energy Park, in Kutch.(ANI)
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All about the Adani Group’s Khavda renewable energy plant that will power Google’s cloud services next year

The Adani Group will be supplying clean energy to Google from a new solar-wind hybrid project at its renewable energy plant in Khavda, Gujarat, the…

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Adani Group plans to supply clean energy from its Khavda renewable energy park for Google’s cloud operations in India. The solar-wind hybrid project will commence in Q3 2025, aiding Google’s target of 100% carbon-free energy by 2030.(Reuters)
Posted in Business

Google India cloud operations will soon be powered by Adani Group

Oct 03, 2024 04:18 PM IST Adani Group will provide clean energy to Google’s cloud services in India from a solar-wind hybrid project at its…

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The Adani group, which currently has only 2.5% of India's data centre market share now gets 50-100 MW orders, when it used to be 5-10 MW two years ago on average, due to the increased demand(Reuters)
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Adani Group to invest $4 billion for expanding data centre biz as AI powers demand: Report

The Adani Group has a $4-billion plan to expand its data centre business quickly to capitalise on a surge in demand for data centre services…

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