Bharat Express

Adani Group

The Adani Group has announced plans for major facilities: a cement factory in Guna, a defence system factory in Shivpuri, and a women-operated jacket factory in Badarwas

Adani Group announced its Q1 FY25 performance, reporting a significant increase in EBITDA of 32.9% year-over-year (YoY) to INR 22,570 crore.

The Adani Group dismissed Hindenburg’s allegations, calling them "unsubstantiated speculations" and the report itself "baseless."

The Hindenburg Effect is a phenomenon in stock market where significant decline in company's share triggers a cascade of negative sentiment.

SEBI also explained that after completing an investigation, it initiates enforcement proceedings, which are quasi-judicial in nature.

The Adani Group has also refuted the allegations, describing them as "red herrings" intended to malign the conglomerate's reputation.

The group has faced regulatory probes both in India and the US. In March, Bloomberg reported that US prosecutors were investigating whether an Adani entity, company executives, or Gautam himself were involved in bribing Indian officials for favorable treatment on a green-energy project.

This survey is a key step in the Adani Group's $3 billion redevelopment project, aimed at transforming the lives of nearly one million residents

Gautam Adani, Chairman of the Adani Group, stated, “We stand with the people of Kerala during this difficult time. Our thoughts are with the families who have lost loved ones and those affected by the floods

Adani Energy Solutions Limited, a firm under the Adani group, saw tremendous investor interest in its $1-billion Qualified Institutional Placement (QIP) offering on July 31