New York: US prosecutors in New York have indicted Adani Group Chairman Gautam S. Adani, his nephew Sagar Adani, and six other individuals for allegedly offering over $250 million in bribes to Indian government officials. The bribes were reportedly intended to secure lucrative solar energy contracts with state electricity distribution companies in India. Rejecting the allegations, an Adani Group spokesperson stated, "The allegations made by the US Department of Justice and the US Securities a...Read More

Kutch: Adani Group Chairman, Gautam Adani, welcomed Bhutan's King Jigme Khesar Namgyel and Prime Minister Dasho Tshering Tobgay to the Adani Group's renewable energy site at Khavda and Mundra port in Gujarat. The visit aimed to explore collaboration opportunities across various sectors. During their visit, the Bhutanese delegation toured the 30 GW renewable energy site and India's largest commercial port at Mundra. The discussions covered potential cooperation in hydropower, green hydrogen, a...Read More

Ahmedabad: Polling for the General Elections for Lok Sabha is ongoing on 25 Lok Sabha seats in Gujarat. Along with lakhs of voters exercising their right to vote, several prominent figures including Prime Minister Narendra Modi and Home Minister Amit Shah also cast their votes in Gujarat today. Prime Minister Modi cast his vote at around 7:30 am at a polling booth in the Ranip area of the city. After casting his vote, the Prime Minister greeted people who had gathered to vote and catch a glim...Read More

Bhuj: Kutch Copper, a subsidiary of Adani Enterprises Limited, commissioned the first unit of its greenfield copper refinery project at Mundra on Thursday by dispatching the maiden batch of cathodes to customers. This marks the Adani Portfolio’s debut in the metal industry. Adani Enterprises said it is investing nearly $1.2 billion to set up a copper smelter with 0.5 MTPA capacity in the first phase. On completion of the second phase that will add similar capacity, Kutch Copper, with 1 MTP...Read More

Gandhinagar: The Prime Minister, Shri Narendra Modi inaugurated the 10th edition of Vibrant Gujarat Global Summit 2024 at Mahatma Mandir, Gandhinagar today. The theme of this year’s summit is ‘Gateway to the Future’ and includes the participation of 34 partner countries and 16 partner organizations. The Summit is also being used as a platform by the Ministry of Development of the North-Eastern Region to showcase investment opportunities in the North-Eastern regions. Multiple industry capt...Read More

Gandhinagar: Adani group will invest Rs. 2 lakh crore in next five years in Gujarat, said Gautam Adani while speaking here at the Vibrant Gujarat global summit. He said this will create 1 lakh direct and indirect jobs. Adani spoke about a 30 GW green energy park spread across 725 sq km in Khawda for which works are ongoing. He said this is the world's largest green energy park which could be visible from space. He said Adani is expanding green supply chain including solar panels, wind turbines...Read More

Bhuj: Adani Group Chairman Gautam Adani today shared pictures of the ongoing erection of solar panels at the Khavda (Kutch) based hybrid renewable park. The upcoming park in Rann of Kutch is going to be the largest hybrid renewables park (wind solar park) in the world. During his annual general meeting (AGM) speech earlier this year, Gautam Adani said that the conglomerate plans to build the largest hybrid renewables park in the world in Gujarat’s Khavda faster than any of their projects be...Read More

Gandhinagar: Former Maharashtra Chief Minister and founder of Nationalist Congress Party (NCP) Sharad Pawar held a meeting with a politically controversial business tycoon Gautam Adani in Ahmedabad for over an hour. According to a news agency report, Pawar visited Adani at the latter's residence and office (headquarters of Adani Group) in Ahmedabad. This is not the first visit of Pawar to Adani whose company is headquartered in Ahmedabad. Pawar had visited Adani earlier too in Ahmedabad. At leas...Read More

Bhuj: Ambuja Cements Ltd (ACL), the cement and building material company of Adani Cement and part of the diversified Adani Group, today announced the acquisition of Sanghi Industries Ltd (SIL) at an enterprise value of Rs 5,000 crore. ACL will acquire 56.74% shares of SIL from its existing promoter group, Mr Ravi Sanghi & family. The acquisition will be fully funded through internal accruals, the company said in a statement. Gautam Adani, Chairman of the Adani Group said Ambuja reinforces...Read More

Gandhinagar: Vibrant Gujarat Global Summit (VGGS) is going to take place in January next year after a gap of five years. With slightly over six months remaining until the event, the state government has established three essential committees to supervise the planning and execution of this flagship business event. The three committees, created through separate government resolutions, are the core committee, executive committee, and advisory committee. The core committee, consisting of 28 me...Read More