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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 […]
Torrent Pharma’s shares closed at Rs 3,409.70, up 1.95 percent on the BSE on Monday, reaching an intraday high of Rs 3,474.60 from the previous close of Rs 3,344.40. This follows Torrent Pharmaceuticals signing definitive agreements to acquire a controlling stake in JB Chemicals and Pharmaceuticals (JB Pharma) from global private equity firm KKR, at an equity valuation of Rs 25,689 […]
Adani Green Energy Limited (AGEL), India’s largest renewable energy company, has achieved a significant milestone by surpassing 15,000 megawatts (MW) of operational capacity, specifically reaching 15,539.9 MW. This accomplishment marks the fastest and largest capacity addition in India to date. The operational portfolio includes ~11,005.5 MW of solar, ~1,977.8 MW of wind, and ~2,556.6 MW […]
Adani Group has emerged as the fastest-growing Indian brand, with its aggressive and integrated infrastructure focus driving growth, according to the latest ranking of Most Valuable Indian Brands 2025 by Brand Finance. According to media reports, the value of the brand Adani has risen from USD 3.55 billion in 2024 to USD 6.46 billion, marking […]
Adani Total Gas Ltd. (ATGL) and Jio-bp (operating brand of Reliance BP Mobility Limited) on Wednesday announced signing of an agreement to redefine the auto fuel retail experience for Indian consumers. According to an official release, under this partnership, select ATGL fuel outlets will offer Jio-bp’s high-performance liquid fuels (petrol and diesel), while select Jio-bp fuel […]
Gautam Adani, chairman of the Adani Group, has said that a nation’s future is not written in policy documents – it is written in the risks its entrepreneurs dare to take. He was addressing the annual general meeting of the Adani Enterprises on Tuesday. “We are not laying concrete. We are laying conviction – highways […]
Adani Airports Holdings Limited (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd and India’s largest private airport operator, has successfully secured USD 1 billion financing through a project finance structure for its Mumbai International Airport Ltd (MIAL). The transaction involves issuance of USD 750 million notes maturing July 2029 (“Notes”) which shall be used […]
Adani New Industries Limited (ANIL) on Monday announced the successful commissioning of India’s first off-grid 5 MW Green Hydrogen Pilot Plant in Kutch, Gujarat, marking a major milestone in the nation’s clean energy transition. The state-of-the-art plant is 100 percent green-powered by solar energy and integrated with a Battery Energy Storage System (BESS), enabling it to operate completely off-grid. […]
Ambuja Cements and ACC, the cement and building materials companies of the diversified Adani Portfolio, have achieved a landmark sustainability milestone as the leading two Indian cement companies amongst peers to have their netzero targets validated by the Science Based Targets initiative (SBTi). The SBTi’s Corporate Net-Zero Standard is the world’s only framework for corporate […]
