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Adani Power Ltd said it has received a Letter of Award (LoA) from MP Power Management Company Ltd (MPPMCL) for supply of power from a new 800 MW ultra-supercritical thermal power plant to be developed in Anuppur district of Madhya Pradesh.The ₹10,500-crore plant in Anuppur district of Madhya Pradesh is expected to employ about 1,000 […]
The Adani Group, India’s largest infrastructure player, on Thursday announced the financial performance of the Adani Portfolio for the Trailing-Twelve-Month (TTM) and Q1FY26, along with its Credit performance. The Adani Portfolio EBITDA has crossed the INR 90,000 crore milestone on a trailing twelve-month basis for the first time, with Q1 EBITDA also reaching a record high. […]
In under nine months since commencing commercial operations, Adani Group’s Vizhinjam International Seaport has achieved a significant milestone of handling over 1 million twenty-foot equivalent units (TEUs). The achievement by the port operated by Adani Ports and Special Economic Zone (APSEZ) not only surpasses initial projections but has also redefined India’s maritime map. At a […]
Kerala Chief Minister Pinarayi Vijayan said a major initiative to transform Kerala into a logistics and industrial powerhouse has begun with the Gujarat based Adani Group deciding to set up the Adani Logistics Park in Kalamassery in Kochi, He was speaking at the groundbreaking ceremony of the park. Spread over 70 acres and designed to […]
Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited (RIL), has forayed into the fast-growing healthy functional beverage space with the acquisition of majority stake in a Joint Venture with Naturedge Beverages Private Limited. Through this JV, RCPL is focused on offering consumers a range of herbal-natural beverages, thus further enhancing its […]
Chief Minister of Uttar Pradesh, Yogi Adityanath on Sunday inaugurated the Green Hydrogen Plant set up by Torrent Group in Gorakhpur. The project has been jointly developed by Torrent Group entities Torrent Power and Torrent Gas. Torrent Power has set up the Green Hydrogen plant with an annual production capacity of 72 TPA and the Green […]
Adani Digital Labs (ADL), the technology arm of Adani Airport Holdings Limited, on Wednesday announced a series of transformative initiatives aimed at redefining the travel and airport experience for passengers across Adani-managed airports in India. The strategic moves enhance convenience, comfort, and engagement at Adani Airports, solidifying its position as a leader in digital innovation […]
Adani Defence Systems and Technologies Limited (ADSTL), through its venture Horizon Aero Solutions Limited, in partnership with Prime Aero Services LLP, has signed a definitive agreement to acquire a 100 per cent stake in Indamer Technics Private Limited (ITPL), India’s pioneering private-sector MRO provider. Horizon is a 50-50 partnership between ADSTL and Prime Aero, a company owned […]
Torrent Power Limited (the “Company”) on Tuesday announced financial results for the quarter ended June 30, 2025. Whilst the Company’s underlying business remains resilient, the performance in the current quarter was particularly impacted due to lower power demand following the early onset of monsoon and elevated gas prices, impacting merchant gains from gas-based generation. Adjusted […]
Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday announced its results for the quarter ending 30th June 2025. “This quarter’s 21% revenue growth is anchored by extraordinary momentum in our Logistics and Marine businesses, which grew 2x and 2.9x respectively,” said Ashwani Gupta, Whole-time Director & CEO, APSEZ. “These are no longer ancillary […]
The Adani Group on Monday denied a report suggesting a tie-up between the Group and Chinese companies BYD and Beijing Welion New Energy Technology. In a statement the Adani Group said, “We categorically deny Bloomberg’s report on 4 Aug 2025 suggesting a tie-up between the Adani Group and Chinese companies BYD and Beijing Welion New […]
Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Thursday announced its results for the quarter that ended June 30, 2025. AEL’s portfolio of diverse established and incubating businesses provides both stability and growth. AEL’s incubation business model gets validated with these results as its EBITDA from incubating businesses have increased by 5 per […]
Torrent Pharmaceuticals Limited on Monday announced its financial results for the first quarter of FY26. The net profit has grown 20 per cent, driven by robust sales growth across key territories. According to an official release, the revenue at Rs 3,178 crore, grew by 11 per cent YoY and the operating EBITDA at Rs 1032 crore is […]
Adani Green Energy Ltd (AGEL), India’s largest and fastest-growing pure-play renewable energy (RE) company, has announced financial results for the period ending 30 June 2025, showcasing remarkable growth and operational excellence. Ashish Khanna, CEO of Adani Green Energy, shared on Monday, “During Q1 FY26, we added 1.6 GW of greenfield renewable energy capacity, bringing our total increase to […]
Adani Enterprises on Thursday announced that it has formally executed the sale of up to 20 per cent stake in AWL Agri Business Limited to Wilmar International, Singapore, at price of Rs 275 per share. AWL Agri Busienss Limited was formerly known as Adani Wilmar Ltd. With this, Wilmar International becomes the majority shareholder, raising its […]
Adani Enterprises Ltd’s Rs 1,000 crore bond issue was fully subscribed within three hours of opening on Wednesday, according to stock exchange data. The non-convertible debenture (NCD) issue opened on Wednesday. It was to close on July 22. However, it may see early closure due to the issue being fully subscribed, sources said. NCDs are […]
A “key milestone” was the words CEO SB Khyalia used to describe Adani Power Ltd’s (APL) acquisition of Vidarbha Industries Power Ltd. (VIPL), a 2×300 MW domestic coal-fired power plant in Butibori, Nagpur. As the latest acquisition proves, Adani Power Ltd stays committed to providing cost-effective power, helping India in its wider energy objectives. “The […]
Adani Enterprises Limited, the flagship company of the Adani Group and India’s largest listed business incubators in terms of market capitalization with a long track record of creating sustainable infrastructure businesses since 1993, has announced the launch of its second public issuance of secured, rated, listed redeemable, non-convertible debentures. AEL’s first NCD issuance of ₹800 crore, […]
Reliance Retail Ventures Limited (RRVL) on Thursday announced a strategic minority investment in UK-based FACEGYM, a global innovator in facial fitness and skincare. This marks a pivotal step in RRVL’s continued expansion in the high-growth beauty and wellness space. Founded by renowned beauty and wellness entrepreneur Inge Theron, FACEGYM has pioneered a transformative approach to skincare by combining […]
Bangladesh has cleared its pending dues amounting to USD 437 million to Adani Power in June, making it the single largest payment under the bilateral power supply agreement. The pending costs include carrying costs, and issues related to the power purchase agreement, reaffirming the Indian conglomerate’s asset as a reliable and cost-competitive power source for meeting […]
