#adani

Adani announces deal with Flipkart for new data centre and logistics facility, ‘Ambani-Adani’ social media warriors now want to boycott Flipkart

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The Adani Group and Indian e-commerce major Flipkart on Monday announced that they have entered into a strategic and commercial partnership. As per reports, Flipkart will work with Adani Logistics Limited to strengthen its supply infrastructure enhance its customer serving capacities. Adani Group’s chairman Gautam Adani announced on Twitter that in the two-prong partnership, AdaniConneX will … Read more

Adani group shuts logistics park in Punjab due to seven-month blockade by farmer protesters, buys land in UP for data centre

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Adani Logistics Ltd has decided to shut its inland container depot (ICD) at Kilaraipur in Ludhiana after it remained blocked by farmer protesters for seven months. The company took the decision after the Punjab government failed to remove the blockade despite a high court order. This decision has meant that around 400 people will lose their jobs, … Read more

NDTV share hits 10 per cent upper circuit over rumours of buyout: Here’s what it means

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NDTV shares on Monday zoomed to hit its upper circuit of 10 per cent after rumours started doing rounds that Adani Group is going to buy the company. As of 1:19 PM on September 20, the share price of NDTV was hovering around Rs 79.85, up by Rs 7.25 or 9.99 per cent today, which … Read more

Adani Group takes over operations of Jaipur International Airport in Rajasthan, to take over Thiruvananthapuram airport tomorrow

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On October 11, the Airports Authority of India (AAI) handed over the responsibilities of the Jaipur International Airport to Adani Group. The group will manage the Airport for 50 years. JS Balhara, Airport Director, handed over the Airport’s symbolic key to Vishnu Jha, Chief Airport Officer Adani Jaipur International Ltd. Balhara said that the company would handle … Read more

Gautam Adani and his family’s donation of Rs 60,000 crore to be used in the fields of healthcare, education, and skill development

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On the occasion of the 60th birthday of Adani Group’s chairman Gautam Adani, he and his family decided to donate Rs 60,000 crore for social causes. The Adani Foundation will administer this corpus for various social causes. According to reports, the Adani Foundation will oversee the donations, which will be used to support healthcare, education, and … Read more

Adani Group to develop India’s first integrated data centre and technology business park in Visakhapatnam

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The Adani Group is developing an integrated data centre and technology business park in Visakhapatnam to boost local technology ecosystem in the region. The investments will be on top of the Rs 20,000 crore already invested in the state, which created more than 18,000 direct and 54,000 indirect jobs, according to a statement from the … Read more

Gautam Adani meets Bhutanese King Wangchuck during his India visit, says ‘excited to explore opportunities in Bhutan’

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Gautam Adani, Chairman of the Adani Group, met Bhutan king Jigme Khesar Namgyel Wangchuck in Mumbai today. The billionaire shared an image on X to inform about meeting with the King of Bhutan. Sharing brief details about the meeting, Adani wrote that it was an honour to meet His Majesty King of Bhutan and hear his vision of ‘Kingdom … Read more

Kutch Copper: Adani Group’s greenfield copper unit in Mundra commences operations, to become the world’s largest single-location smelter

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Adani Enterprises Limited, through its subsidiary Kutch Copper, marked a milestone today with the commissioning of the first unit of its greenfield copper refinery project in Mundra. According to a press release, the maiden dispatch of cathodes to customers signals the commencement of operations at the state-of-the-art facility, representing Adani’s foray into the metal industry. … Read more

Gautam Adani overtakes Mukesh Ambani to become India’s richest person on the Bloomberg Billionaires Index

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In the Bloomberg Billionaires Index, Gautam Adani, chairman of Adani Group, has surpassed Mukesh Ambani, chairman and managing director of Reliance Industries, to become the richest Indian. Adani has risen to 12th place, surpassing Ambani, who is now 13th. Adani’s total net worth has increased to $97.6 billion, while Ambani’s net worth stands at $97.0 billion. Both … Read more

Electoral Bonds: No Adani on list even as it lost 1.13 lakh crore market cap in panic selling, lottery company facing ED probe is top buyer

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The Election Commission of India on Thursday released the data of Electoral Bonds bought by various entities from the State Bank of India and the recipients of such bonds. The data was published in two sheets, one gives the detail of purchasers of the Electoral Bonds from 12 April 2019 to 11 January 2024, and the other … Read more