Today Adani News

-

 


Recent

Adani Group in news: investments, profits, green initiatives, and allegations
Hyderabad, Telangana, India
From your IP address • Update location

To Day Adani News

Adani Group to invest Rs 2,000 crore to build two transmission lines in Mumbai city

The Adani Group has announced that it will invest Rs 2,000 crore to build two transmission lines in Mumbai city. The lines will connect Adani Electricity Mumbai Limited's (AEML) distribution network to the national grid, and will help to improve the reliability and quality of power supply in the city.

Adani group boosts investors confidence by onboarding strategic investors in Group Cos

The Adani Group has onboarded several strategic investors in its group companies in recent months. This has boosted investor confidence in the group and has helped to raise its valuation.

Adani Group companies' net profit surges 70%

The net profit of Adani Group companies surged 70% in the year ended March 2023. This was driven by strong growth in its ports, energy, and renewable energy businesses.

From ports to mines, Gautam Adani wants all his businesses to go green

Gautam Adani, the chairman of the Adani Group, has said that he wants all of his businesses to go green. The group is investing heavily in renewable energy and other green initiatives.

Adani Group bags Rs 13,888 crore worth contracts for smart meter installation in Maharashtra

The Adani Group has bagged Rs 13,888 crore worth contracts for smart meter installation in Maharashtra. The contracts were awarded by the Maharashtra State Electricity Distribution Company Limited (MSEDCL).

Total eyeing 50:50 JV with Adani Green

TotalEnergies, the French energy giant, is eyeing a 50:50 joint venture with Adani Green Energy Limited, the renewable energy arm of the Adani Group. The JV would focus on developing and operating renewable energy projects in India.

Rs 700 crore bet!

The Adani Group has bet Rs 700 crore on a new company called Adani New Industries Limited (ANIL). ANIL will focus on developing new businesses in the emerging technologies space.

Adani Group stocks market cap crosses Rs 11 lakh crore

The market capitalization of Adani Group stocks crossed Rs 11 lakh crore for the first time in September 2023. This makes the Adani Group one of the most valuable conglomerates in India.

Shares of Adani Group cos decline by 2-4% on OCCRP report

The shares of Adani Group companies declined by 2-4% on September 22, 2023, following a report by the Organized Crime and Corruption Reporting Project (OCCRP), a non-profit media organization. The report alleged that the Adani Group used "opaque" Mauritius funds to invest in its publicly traded shares.

Most Adani group stocks end higher; mcap rises over Rs 13,500 crore

Most Adani group stocks ended higher on September 23, 2023, with a combined market capitalization rise of over Rs 13,500 crore. This came after the Adani Group denied the allegations made in the OCCRP report.

Adani stocks tank up to 5% as George Soros-backed entity attempts Hindenburg 2.0

The shares of Adani Group companies tanked up to 5% on September 23, 2023, following reports that a George Soros-backed entity was attempting to short sell Adani stocks. This comes just a few months after a report by short-seller Hindenburg Research alleged that the Adani Group was involved in fraudulent accounting and market manipulation.

Two FPIs linked to Adani Group acted as fronts for promoters, says OCCRP

The OCCRP report also alleged that two foreign portfolio investors (FPIs) linked to the Adani Group acted as fronts for the group's promoters. This allowed the promoters to manipulate the market price of Adani stocks.

Congress seeks JPC probe into OCCRP allegations against Adani group

The Congress party has demanded a joint parliamentary committee (JPC) probe into the allegations made in the OCCRP report against the Adani Group. The party has alleged that the government is favoring the Adani Group and is not taking any action against it despite the serious allegations.

Adani Group rejects 'recycled allegations' made by George Soros-funded OCCRP

The Adani Group has rejected the "recycled allegations" made in the OCCRP report. The group has said that the report is "misleading and inaccurate" and that it is being used to "malign" the group's reputation.

Today Adani News

Here are the top Adani news headlines for today, September 23, 2023:

  • Adani Group shares rebound after yesterday's sell-off. Most Adani group stocks ended higher on Friday, with a combined market capitalization rise of over Rs 13,500 crore. This came after the Adani Group denied the allegations made in the OCCRP report.
  • Adani Group to invest Rs 2,000 crore in two new transmission lines in Mumbai. The Adani Group has announced that it will invest Rs 2,000 crore to build two transmission lines in Mumbai city. The lines will connect Adani Electricity Mumbai Limited's (AEML) distribution network to the national grid, and will help to improve the reliability and quality of power supply in the city.
  • TotalEnergies and Adani Green Energy to form joint venture. TotalEnergies, the French energy giant, and Adani Green Energy Limited, the renewable energy arm of the Adani Group, are planning to form a joint venture. The JV would focus on developing and operating renewable energy projects in India.
  • Adani New Industries Limited launches new businesses in the emerging technologies space. Adani New Industries Limited (ANIL), the new company launched by the Adani Group, has announced that it will focus on developing new businesses in the emerging technologies space. The company has already invested in several emerging technology companies, including artificial intelligence, machine learning, and blockchain.

In addition to these top headlines, here are some other Adani news stories that are making the rounds today:

  • Adani Group bags Rs 13,888 crore worth contracts for smart meter installation in Maharashtra.
  • Adani Group companies' net profit surges 70% in the year ended March 2023.
  • Gautam Adani wants all of his businesses to go green.
  • Congress seeks JPC probe into OCCRP allegations against Adani group.

Overall, it has been a busy week for the Adani Group. The company has made several announcements about new investments and partnerships, and its stocks have been rebounding after yesterday's sell-off. It remains to be seen how the OCCRP allegations will impact the company in the long term, but the Adani Group appears to be determined to continue its growth trajectory.

Comments

Post a Comment

Popular posts from this blog

Edgar Albert Guest

-
 Edgar Albert Guest Was Born In England on 20 August 1881.But Soon After, There Family Moved To The U. S. A His Father Lost His Job When Edgar Was Just 12, And So And So He Had To work As A Copy Boy In Detroit Free Press. At 14, Edgar Lost His Father. That Forced Edgar To Quite School And Work In That Press As A Full- Time Employee. He Composed HisvOwn Experiences As Rhymes. For About 30 Years He Went On Writing A Poem A Day, Which Were Published In That Paper. All His Poems Were Later Published As 20 + Volumes. He Is Regarded As A People's Poet Who Wrote Easy-To-Read Poems. He Died On 5 August 1959.
Read more

Earth's Rotation On It's Axis

-
The Earth Rotates Or Goes around just like a top spins, What does it go around? It actually rotates around an imaginary line which joins the North pole and the South pole. This line is called the axis of the earth's rotation. All parts of the earth go around this line once a day. In other words,the earth takes about 24 hours to rotate or go around its own axis. It moves from the west to the east if a globe is facing you it rotates from your left to the right side. You can see that the western portion moves towards the east. Take a globe and focus a torch light on it from a small distance. The torch illuminates one half of the globe. If you rotate the globe in front of the light, then also only half the circumference of the globe is illuminated 
Read more

Carl Sandburg

-
 Carl August Sandburg ( 1878 -- 1967 ) Is A Famous American Poet. Winner Of Three Pultizer Prizes, Sandburg Is Popular For His Biography Of Abraham Lincoln. Sandburg Was An Excellent Student But He Had To Leave School Early To Earn A Livelihood. He Worked As A Paper Boy, Delivered Milk, Assisted In Barber Shops, Washed Dishes And Painted House. He Took Up Journalism And Produced Quite A Few Poems
Read more