Bhuj: Kutch Copper, a subsidiary of Adani Enterprises Limited, commissioned the first unit of its greenfield copper refinery project at Mundra on Thursday by dispatching the maiden batch of cathodes to customers. This marks the Adani Portfolio’s debut in the metal industry. Adani Enterprises said it is investing nearly $1.2 billion to set up a copper smelter with 0.5 MTPA capacity in the first phase. On completion of the second phase that will add similar capacity, Kutch Copper, with 1 MTP...Read More

Gandhinagar: The Prime Minister, Shri Narendra Modi inaugurated the 10th edition of Vibrant Gujarat Global Summit 2024 at Mahatma Mandir, Gandhinagar today. The theme of this year’s summit is ‘Gateway to the Future’ and includes the participation of 34 partner countries and 16 partner organizations. The Summit is also being used as a platform by the Ministry of Development of the North-Eastern Region to showcase investment opportunities in the North-Eastern regions. Multiple industry capt...Read More

Gandhinagar: Adani group will invest Rs. 2 lakh crore in next five years in Gujarat, said Gautam Adani while speaking here at the Vibrant Gujarat global summit. He said this will create 1 lakh direct and indirect jobs. Adani spoke about a 30 GW green energy park spread across 725 sq km in Khawda for which works are ongoing. He said this is the world's largest green energy park which could be visible from space. He said Adani is expanding green supply chain including solar panels, wind turbines...Read More

Bhuj: Adani Group Chairman Gautam Adani today shared pictures of the ongoing erection of solar panels at the Khavda (Kutch) based hybrid renewable park. The upcoming park in Rann of Kutch is going to be the largest hybrid renewables park (wind solar park) in the world. During his annual general meeting (AGM) speech earlier this year, Gautam Adani said that the conglomerate plans to build the largest hybrid renewables park in the world in Gujarat’s Khavda faster than any of their projects be...Read More

Gandhinagar: Former Maharashtra Chief Minister and founder of Nationalist Congress Party (NCP) Sharad Pawar held a meeting with a politically controversial business tycoon Gautam Adani in Ahmedabad for over an hour. According to a news agency report, Pawar visited Adani at the latter's residence and office (headquarters of Adani Group) in Ahmedabad. This is not the first visit of Pawar to Adani whose company is headquartered in Ahmedabad. Pawar had visited Adani earlier too in Ahmedabad. At leas...Read More

Bhuj: Ambuja Cements Ltd (ACL), the cement and building material company of Adani Cement and part of the diversified Adani Group, today announced the acquisition of Sanghi Industries Ltd (SIL) at an enterprise value of Rs 5,000 crore. ACL will acquire 56.74% shares of SIL from its existing promoter group, Mr Ravi Sanghi & family. The acquisition will be fully funded through internal accruals, the company said in a statement. Gautam Adani, Chairman of the Adani Group said Ambuja reinforces...Read More

Gandhinagar: Vibrant Gujarat Global Summit (VGGS) is going to take place in January next year after a gap of five years. With slightly over six months remaining until the event, the state government has established three essential committees to supervise the planning and execution of this flagship business event. The three committees, created through separate government resolutions, are the core committee, executive committee, and advisory committee. The core committee, consisting of 28 me...Read More

New Delhi: The central government has approved Z Category security for top businessman Gautam Adani, chairperson of the Adani group, considering the intelligence inputs from the Intelligence Bureau (IB). Adani will bear the expenses of the security provided to him. A total of 33 security guards will be deployed for security. The Z Category security was also provided to Mukesh Ambani and Nita Ambani previously. They also bear the expenses of the security by themselves. Security will be pr...Read More

Ahmedabad:A local court here today acquitted both the accused and notorious underworld gangsters Fazlu-ur-Rehman alisa Fazlu and Bhogilal Darji of the over two decade old case of alleged abduction and taking extortion from Adani Group Chairman Gautam Adani from the outskirts of the city. According to prosecution on January 1, 1998 when Adani along with one Shantilal Patel was going towards Mahammadpura from Karnavati club at around 0730 in the evening. A scooter stopped his car and he...Read More

Mumbai: Gujarat headquartered Adani Group stocks continued to witness sharp fall for the second consecutive session today after BJP Rajya Sabha MP Subramaniam Swamy's tweet yesterday which was covered widely by media. Adani Enterprises, Adani Power, Adani Ports and Adani Transmission shares were down up to 11% intraday. Swamy had on Twitter said, "The biggest NPA trapeze artiste in PSUs is Gautam Adani. It is time he is made accountable or a PIL is inevitable." Read More