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Bangladesh halves power buying from Adani amid payment dispute

Infrastructure

02 December, 2024

Bangladesh halves power buying from Adani amid payment dispute

Bangladesh has halved the power it buys from neighbouring India's Adani Power, citing lower winter demand, government officials told Reuters on ......

Abu Dhabi's IHC keeps outlook on Adani Group investments unchanged

Infrastructure

28 November, 2024

Abu Dhabi's IHC keeps outlook on Adani Group investments unchanged

International Holding Co's (IHC) outlook on investments in India's Adani Group remains unchanged, the Abu Dhabi conglomerate said following the U.S. ......

TotalEnergies pauses business with Adani, says it was not aware of US probe

Infrastructure

25 November, 2024

TotalEnergies pauses business with Adani, says it was not aware of US probe

French oil major TotalEnergies SE was not informed of a U.S. investigation into possible bribery and corruption at Adani Green ......

US SEC issues summons for Gautam Adani, nephew on bribery allegations

General

25 November, 2024

US SEC issues summons for Gautam Adani, nephew on bribery allegations

The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related ......

Adani Group could find funding harder after $265 mn bribery indictment

Infrastructure

22 November, 2024

Adani Group could find funding harder after $265 mn bribery indictment

Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, with ......

'The corrupt solar project': US findings related to the $265 mn bribery charges on Adani

Infrastructure

21 November, 2024

'The corrupt solar project': US findings related to the $265 mn bribery charges on Adani

Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for conspiring with executives of a formerly New York listed ......

Adani Group stocks plunge after US indictments

General

21 November, 2024

Adani Group stocks plunge after US indictments

Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors ......

Adani-owned Ambuja Cements to acquire Orient Cement

Manufacturing

22 October, 2024

Adani-owned Ambuja Cements to acquire Orient Cement

Adani Group company Ambuja Cements said Tuesday it has agreed to acquire CK Birla group company Orient Cement Ltd (OCL) ......

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Grapevine: Adani eyes Heidelberg's India unit; Saregama may buy into Dharma Productions

General

07 October, 2024

Grapevine: Adani eyes Heidelberg's India unit; Saregama may buy into Dharma Productions

Adani Group is in talks to acquire the Indian cement operations of Germany’s Heidelberg Materials, a media report said.  The deal ......

Premium
Grapevine: Adani eyes another cement maker; SP Group firm raising funding

General

20 September, 2024

Grapevine: Adani eyes another cement maker; SP Group firm raising funding

Adani Group is close to acquiring a 46.64% stake in ITD Cementation India for Rs 5,889 crore ($700 million), including ......