February 18, 2026 12:50 PM

Adani Group plans $100 billion investment in AI infrastructure by 2035

The Adani Group on Tuesday announced a $100 billion investment to build renewable energy-powered, hyperscale AI-ready data centres by 2035, in what it described as a sovereign energy-and-compute platform aimed at positioning India as a global technology hub. The conglomerate said the initiative could catalyse an additional $150 billion in investments across server manufacturing, electrical infrastructure, sovereign cloud platforms and allied sectors, creating a projected $250 billion AI infrast...

September 18, 2025 8:50 PM

SEBI clears Adani Group of all allegations in Hindenburg Case

The Securities and Exchange Board of India (SEBI) has cleared the Adani Group and its associated entities of all allegations made in the Hindenburg case, stating that the charges “are not established.” In its order issued on Thursday, SEBI said the proceedings were disposed of without directions, as the alleged transactions were found to be genuine business dealings and not fraudulent or violative of related party transaction (RPT) disclosure norms. “Considering the above, the question o...

April 15, 2025 4:51 PM

M&A, PE deals in consumer sector surge to 3-year high of $4 billion in Jan–March

The value of mergers and acquisitions (M&As) and private equity (PE) investments in India’s consumer and retail sector surged to a three-year high of nearly $4 billion in the January–March 2025 quarter, according to Grant Thornton Bharat’s latest quarterly deal tracker report. Topping the deal charts were two mega investments: Temasek, the Singapore-based PE firm, invested $1 billion for a 10% stake in Haldiram Snacks, while Wilmar International increased its holding in Adani Wilmar (...

January 21, 2025 8:14 PM

Gautam Adani praises MahaKumbh management as a subject of study for management institutes

Adani Group Chairman Gautam Adani praised the Uttar Pradesh administration for its outstanding management of the MahaKumbh Mela during his visit to Prayagraj on Tuesday. Adani highlighted the meticulous organization of the event, describing it as a remarkable example of efficient administration that should serve as a case study for management institutes and corporate houses. He lauded the efforts of police personnel and sanitation workers who ensure seamless arrangements for millions of visitor...

January 16, 2025 11:09 AM

Hindenburg research shuts down, founder disbands operations

Nate Anderson, founder of the US-based short-selling firm Hindenburg Research, announced on Thursday that the investigative company would cease operations. The decision, Anderson clarified in an official statement, was driven by a personal choice to step back from the intensity of his work and focus on other aspects of life, rather than external threats or health issues. "As I've shared with family, friends, and our team since late last year, I have made the decision to disband Hindenburg Resea...

January 9, 2025 8:32 PM

Mahakumbh: Adani Group collaborates with ISKCON, to offer ‘Mahaprasad Seva’ to devotees

Ahead of the inauguration of Mahakumbh 2025, the Adani Group has joined hands with the International Society for Krishna Consciousness (ISKCON) to serve meals to lakhs and crores of devotees and pilgrims arriving in Prayagraj for the Shahi Snan and Kumbh Mela. The ‘Mahaprasad Seva’ will be offered to the devotees for the entire duration of the Maha Kumbh Mela, starting from January 13. To mark the launch of the ‘Seva Hi Saadhna Hai’ initiative, the Adani Group chairman Gautam Adani met...

December 26, 2024 4:37 PM

Share market ends flat, Adani Ports top gainer

The domestic stock market closed flat on Thursday as mixed performances across sectors influenced trading sentiment. Selling pressure was observed in key sectors such as IT, FMCG, metals, media, and private banks, keeping the indices largely unchanged. Adani Ports led the gainers, with its stock surging over 5% to ₹1,243.90. Meanwhile, Adani Green Energy saw a rise of ₹33.20, closing at ₹1,064.30 per share. The Sensex marginally dipped by 0.39 points, settling at 78,472.48, while the Ni...

November 29, 2024 5:22 PM

“No request from US on Adani case,” says MEA on alleged bribery allegations

The Ministry of External Affairs (MEA) clarified on Friday that India has not received any request from the United States regarding the alleged bribery case involving top executives of the Adani Group. Spokesperson for the MEA, Randhir Jaiswal, addressed the media during the weekly press briefing, stating that the allegations against the Adani Group’s executives were a legal matter involving private firms and individuals, as well as the US Department of Justice. Jaiswal explained that establ...

November 28, 2024 4:58 PM

Global sovereign funds, top investors reaffirm support for Adani group

Abu Dhabi's International Holding Company (IHC) on Thursday said its outlook on investments in the Adani Group remains unchanged despite the US indictment of some of the conglomerate's officials. In a statement, IHC, which is one of the largest sovereign funds managing assets worth $100 billion, said, "Our partnership with the Adani Group reflects our confidence in their contributions to the green energy and sustainability sectors." “As with all our investments, our team continues to evaluat...

August 28, 2024 9:25 PM

Adani Group to invest Rs 3,500 crore in Madhya Pradesh for cement and propellant units

The Adani Group is set to invest Rs 3,500 crore in Madhya Pradesh with the establishment of two major production units. Karan Adani, CEO of Adani Ports and SEZ Limited, announced the company's plan to build a 2 million tonne per annum cement grinding unit in Guna. Additionally, the group will develop a cutting-edge propellant production facility in Shivpuri, which aligns with India's mission to become a self-reliant defence exporter. These projects are expected to generate over 3,500 direct and...