Business
India’s Adani seeks to operate more airports as part of US$11 billion expansion
The group currently manages seven airports across the country, with plans to aggressively bid for 11 more [MUMBAI/NEW DELHI] India’s Adani…
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Adani
Business
Adani Group plans US$15 billion India airports expansion by 2030
The Adani Group plans to invest US$15 billion to boost passenger capacity at its airports to 200 million annually in the next five years,…
Business
India’s Adani seeks up to US$5 billion investment in Google data centre to join AI boom
Indian billionaires Gautam Adani and Mukesh Ambani have also unveiled investments in building data centre capacity India’s Adani Group…
Business
Wilmar unit to acquire 13% of Mumbai-listed joint venture with Adani
The 46.5 billion rupee purchase will be funded by internal sources and bank borrowings A unit of agri-specialist Wilmar International will…
Business
Wilmar to acquire up to 20% of Mumbai-listed joint venture with Adani
Agri-specialist Wilmar International has agreed to acquire up to 20 per cent of the shares held by India’s Adani Commodities in the two…
Business
India’s Adani Enterprises plans public bond sale
Indian billionaire Gautam Adani’s flagship company aims to raise 10 billion rupees (S$149.1 million) through the sale of retail bonds, and…
Culture
Ambani and Adani team up to use each other’s fuel pumps
Billionaires Mukesh Ambani and Gautam Adani have partnered to sell transportation fuels using their respective groups’ retail stations…
News
Adani aides meet Trump team to push for end to US bribery case
ESENTATIVES for Indian billionaire Gautam Adani met officials from US President Donald Trump’s administration to seek dismissal of…
News
Adani Group gets Modi’s blessing as it expands mega India port
INDIAN Prime Minister Narendra Modi is set to flag off the second phase of Adani Group’s mega port in Kerala on Friday (May 2), showcasing…
Business
Adani to sell Australian terminal to his port firm in stock deal
More than 30 million tonnes of thermal and metallurgical coal are exported annually through the terminal Billionaire Gautam Adani will…
Business
Wilmar International to acquire India’s Adani Group’s 31.06% stake in consumer goods joint venture
WILMAR International announced on Monday (Dec 30) that it will acquire Indian multinational conglomerate Adani Group’s remaining stake in…
Business
Wilmar International to acquire India’s Adani Group’s 31.06% stake in consumer goods joint venture for S$2 billion
WILMAR International announced on Monday (Dec 30) that it will acquire Indian multinational conglomerate Adani Group’s remaining stake in…
Business
India's Adani Group to invest over US$88 billion in Rajasthan state
Indian conglomerate Adani Group will invest over US$88.53 billion in various sectors such as renewable energy and cement in the…
News
Bangladesh wants to renegotiate Adani power deal unless court cancels
BANGLADESH wants to sharply lower prices under a power purchase deal with India’s embattled Adani Group unless it is cancelled by a court,…
News
Adani says his empire will emerge stronger after US bribery case
Indian billionaire Gautam Adani struck a combative tone in his first public remarks since US prosecutors indicted him in a US$250 million…
Business
Japanese banks sticking with Adani as Jefferies, Barclays review ties
JAPAN’S biggest banks plan to maintain ties to billionaire Gautam Adani despite US bribery charges, even as other global firms including…
Business
Indian banks review Adani exposure in wake of US bribery allegations
INDIAN banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday (Nov 28),…
Business
Abu Dhabi’s IHC maintains outlook on Adani Group stakes as stocks rise sharply
INTERNATIONAL Holding Co’s (IHC) outlook on investments in India’s Adani Group remains unchanged, the Abu Dhabi conglomerate said…
Business
India's Andhra Pradesh state likely to suspend Adani power deal
India’s Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the US indictment of the group’s…
Culture
Adani Wilmar said to defer stake sale amid US bribery charges
Local securities law requires at least 25% of the holding to be with non-founders within three years of listing Adani Enterprises and…
News
Adani CFO defends against US charges, says linked to one business contract
A US bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy comprising some 10 per cent of…
News
Adani CFO says US charges linked to only one business contract
A US bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy comprising some 10 per cent of…
News
Global banks weigh halting fresh credit to India's Adani after US indictment
Some global banks are considering temporarily halting fresh credit to India’s Adani Group but staying put with existing loans following US…
News
S&P lowers outlook on three Adani units after US indictment of founder
S&P GLOBAL Ratings lowered its outlook on three Adani Group entities to ‘negative’ from ‘stable’ on Friday (Nov 22), citing risks to…