Adani Group
Gautam Adani's Blueprint for Entrepreneurial Triumph: Unveiling Five Essential Mantras
Addressing the gathering, Adani underscored the inevitable challenges that accompany success, cautioning that as one's achievements soar, so too does the target on their back. He stressed that the true measure of success lies not solely in accomplishments, but in the resilience exhibited amidst adversities.
Adani Group's Major Investment Shifts to Uttar Pradesh, Says Karan Adani
In an exclusive conversation with IANS, Karan Adani outlined the ambitious vision for the Chaudhary Charan Singh International Airport (CCSIA), emphasizing its pivotal role in the region's economic growth. The master plan aims to elevate the airport's capacity to cater to a staggering 38 million passengers annually by 2047-48, a move expected to create employment opportunities for 50,000 to 60,000 individuals.
Adani's Record Profit Growth Paves the Way for Unmatched Green Investments
Highlighting the robust financial standing, the company maintained a significant cash balance of Rs 44,572 crore ($5.4 billion) by the end of December 31, 2023. The core infrastructure segment demonstrated exceptional performance, contributing Rs 66,208 crore ($8 billion) in EBITDA over the last 12 months, marking a notable 35.4 percent increase year-on-year.
Adani to invest Rs 2 lakh crore in Gujarat, Gautam Adani
Addressing the Vibrant Gujarat Global Summit, Adani emphasized that this substantial investment is expected to generate a staggering 1 lakh employment opportunities.
Empowering Progress: Adani Electricity's High-Powered Performance in 2023 Sets the Stage for 2024
Serving over three million consumers across 400 square kilometers in Mumbai and suburbs, AEML delivers nearly 2000 MW of power daily with an impressive 99% reliability rate, ranking among the highest in the country.
Adani-Hindenburg case: SC refuses to transfer case to CBI, asks SEBI to complete probe within 3 months
In its verdict, the court specified that both the government and SEBI will scrutinize any potential violations of the law by Hindenburg related to short-selling, and appropriate actions will be taken in accordance with legal provisions.
Adani Group to Infuse Rs 9,350 Crore into Adani Green Energy
The company emphasized that these funds are earmarked for streamlining the balance sheet by reducing debt and channeling resources towards capital expenditure, as detailed in their official press statement.
Dharavi project was awarded to Adani Group through fair, open, internationally competitive bidding process
“It is important to note that the tender conditions were finalised during the tenure of the Maha Vikas Aghadi (MVA) government, which demitted office at the end of June 2022. The finalised conditions, including the obligations and incentives, which were known to all the bidders, have not been changed for the awardee post the tendering process. Hence, it is wrong to claim that any special benefits have been given to the awardee," the statement said.
Adani Group's Resilience Shines Amidst Persistent Challenges
The strategic investments in core infrastructure businesses, including utilities, transport, and other ventures, contributed significantly to this growth. The Adani Group's response to attacks by short sellers not only thwarted their intended impact but also strengthened the group's position, earning accolades as the best all-round wealth creator in Motilal Oswal's rankings for 2018-2023.
Adani Finalizes Agreement: Sells 49% Stake in Ennore Terminal to Global Shipping Giant
The Ennore terminal, with a valuation of Rs 1,211 crore, including debt, is expected to conclude the transaction in the next three to four months, as stated in an official release by Adani Ports.
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