Gautam Adanigroup News

₹5,069 crore. The revamp involves the daunting task of resettling an estimated million people. The ongoing survey, based on which home eligibility for the slum dwellers will be decided, is critical for the project’s future, and for that, the support of Dharavikars is key.

Adani Green Energy Ltd. is in talks to raise about $400 million through an offshore loan as the unit of billionaire Gautam Adani seeks funds for an upcoming renewable project, according to people familiar with the matter. The foreign currency loan could range from seven to ten years, with the pricing likely linked to the Secured Overnight Financing Rate, said the people, who asked not to be named because the discussions are confidential. The unit of India’s ports-to-power conglomerate is in talks with a group of banks including Mitsubishi UFJ Financial Group Inc., First Abu Dhabi Bank PJSC, Standard Chartered Bank and Sumitomo Mitsui Financial Group Inc., said the people.

ANI, Vallabh had said that he had asked the high command of the Congress to stop criticising Adani Group chairman Gautam Adani. This was after the Adani Group chairman was given a clean sheet by the Securities and Exchange Board of India (SEBI), which had launched an investigation into him over allegations made by US-based short-seller Hindenburg. "The Congress has made a habit of going at Adani and Ambani (Reliance Industries chairperson Mukesh Ambani) night and day.

London: Adani Group Chairman Gautam Adani has described the opening of the Adani Green Energy Gallery at the Science Museum in UK as red-letter day. The day marks the opening of the new gallery which explores how renewable energy can help tackle climate change.

Adani Green Energy Gallery' at London's Science Museum, Gautam Adani, the chairman of the Adani Group, unveiled the group's renewable energy arm, Adani Green Energy, as the driving force behind this transition. He emphasized the company's commitment to taking care of the planet not just for the present generation but also for generations to come.

Adani Group Founder Gautam Adani has welcomed the partnership with The Science Museum in the UK that had resulted in a new gallery, The Adani Green Energy Gallery. In a post on social media platform X on Friday, Adani said," Delighted to see the new 'Energy Revolution: The Adani Green Energy Gallery' becoming a reality in partnership with the Science Museum in London. This landmark gallery will showcase the scientific vision of a sustainable future, powered by renewables and low carbon technologies. #SustainableFuture #GreenEnergy." According to the website of the UK Science Museum, 'Energy Revolution: The Adani Green Energy Gallery' uses both recognisable and surprising objects plus interactive exhibits to highlight how we can journey to a more sustainable future--and our role in achieving that low carbon world.

Investing.com-- Shares of listed firms under the Adani Group fell on Monday after Bloomberg reported that the U.S. government had widened its investigation of the conglomerate over suspicions of bribery.

Gautam Adani, the Chairman of Adani Group, who bounced back within a year from the savage attack by Hindenburg Research in January last year which seemed to have sunk his conglomerate, put his life under the lens for young entrepreneurs at a private event recently. Speaking at a YPO (Young Presidents Organisation) event, Adani narrated how India's economic liberalisation set him off on an adventurous entrepreneurial journey, how he expanded his small export business into a conglomerate, and how he often fell down but then managed to bounce back. Telling YPO members, all young CEOs, how he didn't fear getting lost or falling down and managed to find his way and get back up, Adani gave five principles which could be useful for all of them.

Chip giant Qualcomm's vision and plans in the domains of semiconductors, AI and other emerging techs have caught the attention of Indian business magnate Gautam Adani. The Adani Group chief shared details of his meeting with Qualcomm CEO Cristiano R Amon on social media on March 11, saying that he is enthused by the chip giant's work.

Adani Green Energy Ltd. and associated firms are offering the 18-year note at initial price guidance in the 7.125% area, according to a person familiar with the matter, who asked not to be identified because the matter isn’t public.

Adani New Industries Ltd. is in talks to raise up to $3 billion for capital expenditure, according to people familiar with the matter, as the unit of India’s ports-to-power conglomerate aims to become a major player in the country’s green hydrogen push. The company is discussing the planned transaction with a group of foreign lenders and is likely to raise the money via offshore loans in two or three tranches over the next 12 months, with the process starting in June, the people said, asking not to be identified because the details are private. The loan’s tenor could range from three to five years, with the pricing likely linked to the Secured Overnight Financing Rate, they said. Lenders discussing the credit facility with the company include DBS Bank, Deutsche Bank AG, First Abu Dhabi Bank PJSC, ING Bank NV, MUFG Bank and Standard Chartered Bank Plc.

Adani group is planning to foray into the cab service space with electric vehicles in partnership with Uber, multiple people aware of the negotiations told ET. Billionaire Gautam Adani and Uber CEO Dara Khosrowshahi last week discussed the strategic alliance whereby Adani Group is looking to become a fleet operator by purchasing and listing hundreds of electric four-wheelers on Uber, the sources said.

The February 24 meeting between Indian business tycoon Gautam Adani and Uber's CEO Dara Khosrowshahi hosted a part of discussions for a strategic partnership between the two majors for rolling out the Adani group's electric passenger vehicles on the ride hailing platform. The collaboration aims to increase the conglomerate's super app Adani One's traction. Adani One, launched in 2022, provides a range of services, including booking flights, vacation packages, airport services, and may further help with taxi bookings with Uber integration.

Adani Green Energy Limited (AGEL) is planning to develop a 30 GW renewable energy plant with a colossal plan in Khavda, India. The project is, poised to be the world's largest upon completion, and is expected to generate a staggering ~81 billion units of electricity annually, enough to power 16.1 million homes and prevent a whopping 58 million tonnes of CO2 emissions each year. AGEL plans on expanding its operational portfolio to 9,029 MW and total portfolio to a commanding 20,844 MW.

Adani Green Energy Limited (AGEL), has operationalized 551 MW solar capacity in Khavda, Gujarat, by supplying power to the national grid, the company said today. AGEL achieved this milestone within 12 months of commencing work on the Khavda RE (renewable energy) park, starting with the development of basic infrastructure, including roads and connectivity, and creating a self-sustaining social ecosystem. AGEL also transformed the challenging and barren terrain of the Rann of Kutch into a habitable environment for its 8,000-strong workforce. AGEL plans to develop 30 GW of renewable energy capacity at this RE park. The planned capacity is expected to be operationalized in the next five years. When completed, the Khavda RE park will be the largest renewable energy installation in the world, the company said, adding that energy from the Khavda RE park can power 16.1 million homes each year.

review petition has been filed against the Supreme Court's judgment that gave thumbs up to the market regulator SEBI probe in the Adani-Hindenburg issue. The petitioner has said that the judgment has 'apparent errors' and that the SEBI's regulatory failures were overlooked.

₹50,000 crore over the next 10 years to set up a 1 GW data centre in Maharashtra. The apples-to-airport conglomerate will invest ₹624 billion in Maharashtra and Telangana as a part of its ₹7-trillion expenditure plan for the next decade, Reuters reported.

Adani Group, through its portfolio of companies, will invest Rs 12,400 crore in Telangana, the company said on Wednesday. The Chief Minister of Telangana, Revanth Reddy, and the Chairman of the Adani Group, Gautam Adani, signed an agreement at the World Economic Forum in Davos. Adani Enterprises Limited (AEL) will invest over Rs 5,000 crore in a 100 MW data centre, which would be powered by renewable energy, over the coming 5-7 years. "AEL will work closely with local MSMEs and startups to develop a globally competent supplier base for the project.

The Adani Group said it will invest $24 billion in Gujarat over the next five years creating 100,000 jobs. 100 countries participating Reliance Industries Ltd (RIL) proposed India's first carbon fibre facility at Hazira together with a green energy giga complex on 5,000 acres in Jamnagar in 2024. Addressing a packed Mahatma Mandir convention centre in Gandhinagar on Wednesday morning, Prime Minister Narendra Modi said India would be one of the top three global economies in the coming years. “The world looks at (India) as an important pillar of stability, a trusted friend, and an engine of growth in the global economy,” Modi told an elite gathering of corporate leaders and heads of state, including United Arab Emirates (UAE) president Mohamed bin Zayed Al Nahyan, Timor-Leste president José Ramos-Horta and Mozambique president Filipe Nyusi. “In the rapidly changing world order, India is moving ahead as Vishwa Mitra (friend of the world),” Modi said.

GANDHINAGAR : Adani Group chairman Gautam Adani on Wednesday announced a ₹2 lakh crore investment in Gujarat over the next five years, largely in setting up the world's largest clean energy project that will be visible even from space. The apples-to-airport conglomerate is building three giga factories for manufacturing solar modules, wind turbines and hydrogen electrolyzers. In Gujarat's Rann of Kutch desert, it is building the world's largest green energy park, covering 725 square kilometer.

R Praggnanandhaa triumph at the Chess World Cup, where he delivered a superlative performance and bagged a silver medal. The talented lad recently received a sweet shoutout from none other than billionaire Gautam Adani. Taking to X (formerly Twitter ) on Friday, the Adani Group Chairman shared a picture of himself with the ace chess player and wrote that it was “privilege” to support him and tha his story can inspire Gen X to follow their dreams and make the country proud. “It's a privilege to support Praggnanandhaa as he continues to win laurels in the world of chess and make India proud.