Bharat Express

Adani Group

Criminal lawyer Vijay Aggarwal weighed in on the charges against Adani. He believes the indictment is unlikely to lead to any major consequences

After a major sell-off earlier in the week, Adani Group stocks, led by Ambuja Cements and ACC Ltd, rebounded strongly on Friday.

The Adani Group has rejected recent bribery allegations from the US DOJ and SEC, calling them baseless and unfounded.

On Wednesday, Gautam Adani announced that the company will invest $10 billion in US energy security and infrastructure projects.

On Tuesday, Adani Enterprises Ltd (AEL) reported a 6.6 times increase in net profit, reaching Rs 1,741 crore for Q2 FY25.

Andhra Pradesh Chief Minister N Chandrababu Naidu met with Adani Group Managing Directors Rajesh and Karan Adani to attract investments.

Ambuja Cements reported strong performance in Q2 of FY2024-25, fueled by expanding operations and sustained demand from key sectors.

Ambuja Cements, a subsidiary of Adani Cement, has acquired a 46.8% stake in Orient Cement Ltd (OCL) for Rs 8,100 crore.

Adani Enterprises Limited, the flagship company of the Adani Group, has approved a Qualified Institutional Placement (QIP) issue worth Rs 4,200 crore.

Income Tax Department has filed a case against five non-governmental organizations (NGOs) for allegedly attempting to obstruct key development projects in India.