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EXPLAINED: The adani group | Vintage Vibes

Adani Group plans $2.5 billion refinancing in India’s biggest offshore loan this year

Adani Group plans a $2.5 billion offshore loan to refinance debt. This significant borrowing aims to cover the acquisition of two Indian cement firms. The group is seeking $1.5 billion through a bridge loan and $1 billion via a five-year facility. Discussions are ongoing with several international banks for the…

The Economic Times

Indian economy booming; Maharashtra, India's most remarkable growth story: Adani Enterprises' Pranav Adani

According to Pranav Adani, Maharashtra and Mumbai represent two of India's most incredible success stories. The state is crucial in both funding and shaping India's ambitious growth trajectory. Investors are keen to contribute to governance, connectivity, and the enhancement of human capabilities. The Adani Group intends to create interconnected districts…

The Economic Times

Reliance explores aluminium entry as Adani lines up $11.5 billion bet: Report

Reliance Industries is reportedly considering a foray into aluminium production. This potential venture could harmoniously align its upcoming coal gasification initiatives with metal manufacturing processes. The company has already acquired tender documents for a substantial bauxite block in Odisha. Meanwhile, it is progressing on a coal gasification project in Andhra…

The Economic Times

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‘Trust is greater than any legal right’: Gautam Adani a day after US case dismissal

In light of the dismissal of a US criminal case against him, Gautam Adani shared his views replete with humility, reinforcing his trust in the justice system. The Adani Group's withdrawal of its FPO came after serious allegations, yet business proceeded as usual thanks to loyal employees and partners. Adani…

The Economic Times

US court dismisses criminal charges against Gautam Adani, Sagar Adani; senior lawyers laud decision

A US federal court has officially dismissed the criminal charges against Gautam Adani and his nephew, thanks to the Justice Department's request after analyzing jurisdictional and evidentiary issues. This ruling marks a significant victory for the Adani Group, although it does not imply any ruling on the allegations themselves. Gautam…

The Economic Times

US judge dismisses criminal case against Gautam Adani

A US judge on Monday dismissed criminal charges against Indian billionaire Gautam Adani after the Justice Department decided to abandon a long-running fraud and bribery case against him.

The Times of India

US judge dismisses criminal case against billionaire Gautam Adani

A US judge dismissed criminal charges against Indian billionaire Gautam Adani. The Justice Department decided to abandon the fraud and bribery case against him. Adani denied any agreement was made for the dismissal of the indictment. He had previously pledged a ten billion dollar investment in the United States. The…

The Economic Times

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Allowing airport operators to own and run airlines is logical, says Akasa CEO Vinay Dube as airline turns four

Akasa Air CEO Vinay Dube supports airport operators owning airlines, which IndiGo opposes. The airline is seeking significant funding amid rising operating costs. Akasa reported a substantial financial loss for the fiscal year 2025. The company plans fleet expansion with many aircraft on order. Akasa continues to grow its operations…

The Economic Times

Adani Group raises Rs 43,500 crore, now plans another $3-4 billion in 6 months

The Adani Group is planning to raise another $3–4 billion over the next six months after mobilising Rs 43,500 crore through equity fundraising in the past nine months. Adani Green, Adani Ports and Adani Enterprises are expected to lead the fundraising, even as domestic mutual funds have raised their holdings…

The Economic Times

ACC Q1 Results: Profit plunges 60% to Rs 147 crore on lower sales

ACC Ltd, part of the Adani Group, reported a staggering 60.8% decline in net profit for the June quarter. This drop in profitability can be attributed to a decline in sales volume, resulting in a 7.75% decrease in revenue compared to the previous year. While higher costs impacted earnings, the…

The Economic Times

Adani Enterprises denies plans for airline after reports of aviation push

Adani Enterprises has denied reports about launching a commercial airline. The company stated these claims were entirely baseless and factually incorrect. This clarification follows earlier reports of seeking regulatory changes for airport operators. The conglomerate has expanded its aviation interests across various services. Adani Group currently manages eight airports in…

The Economic Times

'Massive conflict of interest' if airport operators allowed to own airlines: IndiGo MD Rahul Bhatia

IndiGo's Rahul Bhatia stated airport operators owning airlines creates massive conflict of interest. He noted this situation lacks global precedent and raises significant concerns. The Adani Group, which operates eight airports, has proposed entering the airline business. This proposal seeks relaxation of current norms restricting airport operators' airline ownership. The…

The Economic Times

India weighs letting airport owners Adani, GMR run own airlines to curb duopoly

India is discussing a policy shift to permit airport operators to own airlines. This change could allow Adani Group and GMR Airports to establish their own carriers. Current rules restrict airport operators' airline ownership stakes significantly. The move aims to increase competition against dominant carriers like IndiGo and Air India.

The Economic Times

Inside the legal campaign that freed Gautam Adani from US prosecution

US prosecutors dropped bribery and fraud charges against billionaire Gautam Adani. A 10-week defense campaign presented nearly 600 pages of legal arguments. This extensive effort persuaded the Justice Department to abandon the prosecution. The case began in November 2024 and was dismissed in May 2026. Adani and his nephew settled…

The Economic Times

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The Economic Times

Vijayan seeks SEBI, stock exchange intervention over Adani's proposed Vizhinjam port stake transfer

Opposition leader Pinarayi Vijayan has urged SEBI and stock exchanges to intervene in Adani Group's proposed 49% stake transfer in the Vizhinjam port project. Vijayan alleges the move violates the concession agreement with the Kerala government, which requires prior approval for such significant shareholding changes.

The Economic Times

CPI(M) alleges IAS officer's removal as Vizhinjam MD was to benefit Adani

The CPI(M) has accused the Kerala government of facilitating Adani Group's interests by removing IAS officer Divya S Iyer from the Vizhinjam port project. Leaders allege her transfer, soon after the new government took office, aimed to benefit Adani in a proposed stake sale to MSC. They demand Chief Minister…

The Economic Times

US judge's order in Adani case is procedural: Senior lawyer Raian Karanjawala

A senior lawyer clarified that a US judge's request for more details on dropping charges against the Adani Group is a standard legal procedure. He emphasized that the Department of Justice requires court permission to withdraw a prosecution, a process the judge is overseeing. This step, he explained, is routine…

The Economic Times

Beyond Ports & Power: Gautam Adani's next big bet isn't just infra

Adani Group AGM 2026: Gautam Adani is steering his infrastructure giant towards a new era, focusing on internal transformation rather than just scale. The group is simplifying its structure to speed up decisions and enhance accountability. Adani also aims to redefine contractor relationships into long-term nation-building partnerships and place workers…

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The Economic Times

Light at the end of the tunnel? Gautam Shah sees Nifty eyeing 25,500, bets on smallcaps, pharma and Adani stocks

Indian equities are nearing a crucial turning point, with market veteran Gautam Shah suggesting a shift in focus beyond benchmark indices. He highlights opportunities in smallcaps, microcaps, renewable energy, and healthcare, while also expressing optimism for the Adani Group and the broader global bull market.

The Economic Times

IIM-Calcutta lets MBA students pursue start-ups without losing placement chance

IIM-Calcutta has launched a new initiative for its MBA students. Those who choose to build startups for a year can return for campus placements the following year. The institute also welcomed its 63rd MBA batch of 480 students. The Adani Group announced continued scholarship support and a donation of bicycles…

The Economic Times

Two Adani Group stocks in focus as GQG sells stake in Rs 5,750 crore deal; SBI MF lone buyer

Adani Enterprises and Adani Energy Solutions will be in focus after GQG Partners sold stakes worth about Rs 5,750 crore via block deals, with SBI Mutual Fund buying the shares. The move is seen as portfolio rebalancing following a strong recovery in Adani Group stocks over the past year.

The Economic Times

Adani Power shares gain 3%, snap two-day losing streak. Why are Jefferies, Bernstein bullish on the stock?

Adani Power shares are climbing on strong prospects for India's power demand and the booming data centre sector. Analysts see the Adani Group well-positioned to capitalize on this growth. India's data centre industry is expected to expand rapidly. Rising electricity demand, driven by heatwaves and digital infrastructure needs, supports this…

The Economic Times

Dharavi to become a smart city: HSBC says Asia's largest slum could soon have metro stations, green spaces & 125,000 new homes

Dharavi's massive redevelopment project, a joint venture between the Maharashtra government and Adani Group, aims to transform the Mumbai slum into a smart city. The initiative involves rehabilitating over 125,000 homes and creating a multi-modal transport hub, public spaces, and significant infrastructure improvements.

The Economic Times

India's data centre capacity could hit upper end of 5-8 GW target by 2030; Adani, Reliance best placed, says Bernstein

India’s data centre capacity could expand to the upper end of the projected 5-8 GW range by 2030 from about 1.5 GW currently, according to Bernstein. The brokerage sees Adani Group and Reliance Industries as best positioned to benefit, citing their access to land, power infrastructure and transmission networks.

The Economic Times

Adani says US legal issues behind it, bets on AI-driven infrastructure boom

Gautam Adani announced the Adani Group has overcome US legal challenges and is accelerating investments in energy, transport, and digital infrastructure. The conglomerate is positioning itself to capitalise on AI-driven growth, with significant capital expenditure in renewable energy, data centres, and logistics. Adani emphasised the group's commitment to nation-building despite…

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