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BIZARRE: 2 | Mind Blowing Facts

Dalmia Bharat seals Rs 2,850 crore deal for JAL cement assets after Adani insolvency takeover

Dalmia Cement has acquired key cement assets from Jaiprakash Associates for ₹2,850 crore. This deal, facilitated by the Adani Group's insolvency resolution, strengthens Dalmia's presence in central India. The acquisition includes cement plants and power capacity, boosting Dalmia's total capacity significantly. This move accelerates expansion plans and provides faster market…

The Economic Times

Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sources

Dalmia Bharat is set to acquire Jaiprakash Associates' cement assets for over Rs 2,500 crore. This follows Adani Group's acquisition of Jaiprakash Associates under insolvency. The deal settles past disputes. Adani Ports is also acquiring a fertilizer holding company. Adani Power has acquired Jaiprakash Associates' power assets. These moves signal…

The Economic Times

Adani Victory In US: Justice Department Drops Securities Fraud Case Against Billionaire

The US Justice Department has permanently dropped all charges against Gautam Adani in a securities fraud case, allowing the Adani Group to focus on future projects without legal hindrance

International Business Times UK

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US drops criminal charges against Indian billionaire Gautam Adani

Adani faced accusations of deceiving investors in a substantial solar energy initiative in India

The Independent UK

Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & more

Uber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company is investing in tech centres and a data centre partnership with Adani Group, while exploring logistics and local commerce opportunities.

The Economic Times

Karan Adani flags contractor woes, project delays as Ambuja Cements trims FY27 capex

Ambuja Cements faces project delays due to contractor and team issues. The company is now prioritizing completion of ongoing expansions. Capital expenditure for FY27 is set at Rs 6,000-6,500 crore. Ambuja Cements aims to reach 119 million tonnes capacity by FY27. The focus is on streamlining operations and margin expansion.

The Economic Times

US set to drop criminal charges against Indian billionaire Gautam Adani after $18m settlement

Reversal comes after Adani hires new legal team led by Robert J Giuffra Jr, one of president Donald Trump's personal lawyers

The Independent UK

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Adani legal relief could be a turning point for India's biggest infrastructure bet: Deven Choksey

A potential dropping of US fraud charges against Gautam Adani could signal the end of an eighteen-month defensive period for the Adani Group. This development is expected to reopen doors to global capital, enable debt repricing, and allow the conglomerate to prioritize growth over legal concerns, according to market observers.

The Economic Times

Who Is Gautam Adani, India's Richest Man? Billionaire Accused in $265 Million Bribery Case Now Nearing DOJ Deal

Indian billionaire Gautam Adani may soon see US fraud and bribery charges dropped, as federal authorities consider dismissing the case. The Adani Group denies wrongdoing, citing jurisdictional issues.

International Business Times UK

NDTV covers the Adani case, but without key detail of an ‘unusual offer’

What does a newsroom do when the biggest news of the day is about the person who owns it?

Newslaundry

Adani Enterprises, other Adani Group stocks jump up to 3%. Here’s why

Adani Group stocks saw a significant jump on Friday. Reports suggest US authorities may resolve fraud allegations against Gautam Adani. A settlement with the SEC for $18 million is also proposed. This development could lead to the dropping of criminal charges. The Adani Group is reportedly considering substantial US investments.…

The Economic Times

US agrees to settle lawsuit that accused an Indian billionaire of hiding an alleged bribery scheme

The U.S. government has agreed to settle a lawsuit against Indian billionaire Gautam Adani

The Independent UK

Adani settles SEC case, criminal charges set to be dropped — a 17-month legal battle winds down

Gautam Adani and his nephew Sagar will pay $18 million to settle US Securities and Exchange Commission charges. The Adani Group faces allegations of false statements regarding Adani Green Energy Ltd. This settlement could pave the way for the conglomerate's return to international markets. The Justice Department is also moving…

The Economic Times

US authorities moving to end fraud cases against Gautam Adani

US authorities are nearing a resolution for fraud charges against Indian billionaire Gautam Adani. The Justice Department may drop its case soon. The Securities and Exchange Commission is also working to settle its parallel civil fraud case. This development would significantly benefit the Adani Group, clearing the path for international…

The Economic Times

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The Economic Times

There's more to Uber’s India data centre bet than meets the eye

Uber is setting the stage for its first-ever data center in India through a strategic alliance with the Adani Group. This development not only accentuates India's pivotal role in the global tech arena but also highlights the significance of local data processing and artificial intelligence. For Uber, this venture paves…

The Economic Times

Uber's India data centre bet; Cyber cover meets AI risk

Uber will establish its first data centre in India with the Adani Group. This and more in today’s ETtech Top 5.

The Economic Times

Uber teams up with Adani for first data center in India

Uber CEO Dara Khosrowshahi announced a partnership with Adani Group to establish Uber's first data center in India. This facility, set to be operational later this year, will enable Uber to test and deploy technology, supporting its growth as a global innovation hub for the company.

Newslaundry

Why the Adani Group is facing scrutiny over new allegations of secret investments

The Adani Group is making international headlines again.

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Newslaundry

Adani moves to 100 percent ownership of IANS

AMG Media Networks Ltd (AMNL), the media arm of Adani Enterprises – the flagship entity of the Adani Group – has taken full control of the Delhi-based news agency, Indo-Asian News Service (IANS), by buying the remaining 24 percent stake for an undisclosed amount.

Newslaundry

India’s finance ministry ‘pushed’ for LIC investments in Adani Group: WaPo report

Officials of India’s finance ministry fast-tracked a proposal in May this year to direct approximately $3.9 billion in investments from the Life Insurance Corporation of India, a state-owned insurance and investment company, to an Adani group firm despite being aware of the risks, The Washington Post has reported.

Al Jazeera

Indian regulators dismiss stock manipulation allegations on Adani Group

Despite the dismissal, Gautam Adani still faces allegations of bribery, fraud in US courts.

Newslaundry

US SEC says Modi govt has not delivered bribery case summons to Adani Group

The United States Securities and Exchange Commission (US SEC) has been unable to serve summons to Gautam Adani, his nephew Sagar Adani, and the Adani Group in India. The US SEC, in a filing on Monday, August 11, told a New York Eastern District court that they asked India’s Ministry…

Newslaundry

Adani Group appoints Sanjay Pugalia as Head - Corporate Brand Custodian

The Adani Group announced the appointment of Sanjay Pugalia as the head of corporate brand custodian effective May 26, 2025, Exchange4media reported.

Dynamite News

Indian electricity supply to Bangladesh increases following rising public demand

The supply of Indian electricity to Bangladesh has increased rapidly, following increasing demand in the country The supply of Indian electricity to Bangladesh has increased rapidly, following increasing demand in the country.

The Independent UK

US legal troubles for tycoon Adani expose shortcomings in India's booming solar sector

A U.S. corruption case involving Indian energy tycoon Gautam Adani has exposed vulnerabilities in India's solar sector that are hindering its capacity to switch to clean energy and help limit climate change

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