Adani Group
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Business
Indian Companies Shine as HCL Tech, Infosys, and Wipro Make TIME’s Global Rankings
Prominent Indian companies such as HCL Tech, Infosys, Wipro, and the Adani Group have earned recognition on TIME’s World’s Best Companies list for 2024. HCL Tech led the way among Indian firms, securing the 112th spot, followed closely by Infosys at 119th and Wipro at 134th. Other notable Indian companies featured on the list include Mahindra Group, Axis Bank, State…
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State News
Adani Airports launches ‘aviio’ – a technology platform for a seamless passenger experience
aviio, a real time total airport management system for airport stakeholders, making passenger journeys through the airports smoother and faster Will support AAHL in improvement of capacity planning, operational efficiencies, and real time resource management Mangaluru, September 10, 2024: Adani Airports Holdings Ltd (AAHL) has launched aviio – a pioneering digital transformation platform for the airport ecosystem. A first-of-its-kind, comprehensive digital initiative in India, aviio aspires to…
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Business
Gautam Adani Tops Hurun India Rich List as Wealth Soars to ₹11.61 Lakh Crore
The 2024 Hurun India Rich List has set new benchmarks, reflecting an unprecedented surge in the wealth of India’s elite. For the first time, the list features over 1,500 individuals, with a total of 1,539 people each possessing a net worth exceeding ₹1,000 crore. Gautam Adani and his family have once again topped the list, with their wealth skyrocketing by…
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Business
Maha Govt signs MoU with Adani Group to set up hyperscale data center infrastructure on investment of Rs 50,000 crore
Centers to come up in Mumbai or Navi Mumbai and Pune Infrastructure is planned to be powered by renewable energy Davos: Adani Enterprises Limited, the flagship company of the Adani Group, one of the world’s largest infrastructure conglomerates, and the Government of Maharashtra today signed a memorandum of understanding (MoU) to set up 1 GW hyperscale data infrastructure in…
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Business
Adani Group to invest over Rs 42,700 cr in Tamil Nadu
Adani Green will invest Rs 24,500 crore in three PSP projects in 5-7 years Adani Connex will invest Rs 13,200 crore in a hyperscale data centre Ambuja Cements will invest Rs 3,500 crore in three cement grinding units Adani Total Gas will invest Rs 1,568 crore in the coming eight years Chennai, 8 January, 2024: Ports-to-power conglomerate Adani Group on…
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Business
Adani Ports Achieves Remarkable Growth with 42% YoY Jump in Cargo Volumes for December 2023
Portfolio ports deliver 300 MMT cargo milestone in a record 266 days Cargo volumes of 35.65 MMT handled in Dec 2023, implying a YoY jump of over 42% During 9M FY24, APSEZ handled 311 MMT of cargo, which is 23% YoY growth 10 ports in our portfolio delivered their highest-ever cargo volumes, recorded new operating milestones Mundra Port alone managed…
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Business
Adani Electricity announces cash tender offer to buyback up to USD 120 Mn bonds
Adani Electricity Mumbai Limited launches cash tender offer up to USD 120 million of the outstanding USD 1,000 million senior secured notes due 2030. Company will fund tender offer through internal accruals and cash surplus. Purpose is to demonstrate strong financial stability and liquidity position of the company. Buyback will stabilize current yields, which are distorted in volatile market…
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