Tag: gautam adani

Billionaire Gautam Adani speaks during an interview in Ahmedabad. (REUTERS file)
Posted in Business

At AGM 2023, Gautam Adani invokes ‘matrabhumi’; touts huge wind, solar project

Billionaire and Adani group head Gautam Adani, speaking at the Adani annual general meeting 2023, on Tuesday invoked growth prospects of “matrabhumi” India and touted…

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Gautam Adani, billionaire and chairman of Adani Group.(Bloomberg)
Posted in Business

Gautam Adani targets Hidenburg report: ‘Was aimed at damaging reputation’

Five months after a bombshell short seller report lopped off billions of dollars in market value of his empire, Gautam Adani has reiterated that his…

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Adani is expected to see an increase of more than 20 per cent in EBITDA on a consolidated basis in the coming years. (In picture: Adani Group Chairman Gautam Adani) (PTI)
Posted in Business

Adani group eyes robust growth, shares ₹90,000 crore EBITDA target for 2-3 years

Embattled Adani group is eyeing a 20 per cent year-on-year growth in pre-tax profits to reach ₹90,000 crore EBITDA in 2-3 years on the back…

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Posted in Economy

View: Who owns India’s firms? It’s time to find out

India’s stock-market watchdog seems to be on an urgent mission to rescue its credibility. A controversial, new proposal to track foreign money to its source…

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Adani Ports has entered into Share Purchase Agreement (SPA) with Solar Energy Limited for divestment of 100% equity stake of Coastal International Terminal. File photo: Prakash Singh (BLOOMBERG)(MINT_PRINT)
Posted in Business

Deloitte flags insufficient transaction disclosure in Adani Ports deals

Adani Ports & Special Economic Zone Ltd.’s auditor sounded a note of caution over insufficient disclosures around the company’s transactions with certain entities, returning the…

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Posted in Economy

privatisation: Scrutiny of Indian tycoons deals a blow to Modi’s privatisation drive

Prime Minister Narendra Modi assumed office nearly a decade ago with a goal of privatizing more of India’s floundering state-owned assets. For the nation’s business…

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The logo of the Adani Group is seen on one of its buildings in Ahmedabad.(REUTERS)
Posted in Business

SC panel puts six entities under lens for alleged trading in Adani shares

Six entities including four foreign portfolio investors (FPIs) are under lens for suspicious trading in Adani group shares prior to the release of the damning…

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Indian billionaire Gautam Adani. (File)
Posted in Business

SEBI warns against ‘immature’ conclusions on its Adani Group probe

India’s market regulator told the Supreme Court on Monday that any incorrect or premature conclusion of its investigation into the Adani group’s possible lapses of…

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Adani Enterprise Q4 results(Bloomberg)
Posted in Business

Adani Enterprise Q4 net profit soars to ₹722.5 crore, announces 120% dividend

Adani Enterprise Ltd, the flagship company of billionaire Gautam Adani’s ports-to-energy group, on Thursday reported more than doubling of net profit in the March quarter…

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Indian billionaire Gautam Adani. (File)
Posted in Business

Adani focuses on energy as his renewable firm’s profit surges

Billionaire Gautam Adani’s clean energy unit reported fourth-quarter profit surged as the conglomerate prioritizes renewable power amid its response to the impact of Hindenburg Research’s…

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