Adani and Birla set to clash in wires & cables sector after cement rivalry – The Times of India

After dominating the cement industry, billionaire Gautam Adani's Adani Group and Kumar Mangalam Birla’s Aditya Birla Group are gearing up for another showdown—this time in the high-growth wires and cables…

Continue ReadingAdani and Birla set to clash in wires & cables sector after cement rivalry – The Times of India

Rs 3.4 lakh crore hit to market cap! Adani group stocks plunge up to 48% so far in FY25 – The Times of India

Adani Enterprises, the group's primary entity, experienced a 27% reduction in share price this year. Gautam Adani-led Adani Group stocks’ aggregate market capitalisation has declined by 21% in FY25 compared…

Continue ReadingRs 3.4 lakh crore hit to market cap! Adani group stocks plunge up to 48% so far in FY25 – The Times of India

Adani Group withdraws from further engagement in $442 million wind power project in Sri Lanka – The Times of India

In a written communication to Sri Lanka's Board of Investment (BOI) dated Wednesday, Adani expressed respect for the government's stance. The Adani Group on Thursday said that it has pulled…

Continue ReadingAdani Group withdraws from further engagement in $442 million wind power project in Sri Lanka – The Times of India

‘Must be laughing in Beijing’: US indictment against Gautam Adani strategic blunder, says report – The Times of India

The US Department of Justice's (DoJ) indictment of billionaire Gautam Adani was a strategic blunder, causing the "West to shoot itself in the foot" while its rivals gained ground on…

Continue Reading‘Must be laughing in Beijing’: US indictment against Gautam Adani strategic blunder, says report – The Times of India

Gautam Adani-led Adani Group appoints two US law firms, among world’s largest, to fight SEC allegations – The Times of India

On November 21, US authorities indicted Gautam Adani and associates, alleging payment of bribes. Gautam Adani-led Adani Group has hired prominent US law firms, including Kirkland & Ellis and Quinn…

Continue ReadingGautam Adani-led Adani Group appoints two US law firms, among world’s largest, to fight SEC allegations – The Times of India

Adani Group stocks rally up to 9% after Hindenburg Research announces shut down – Times of India

Adani Group stocks rallied after the US investment firm Hindenburg Research announced its closure. Hindenburg shuts down: Adani Group shares experienced significant gains of up to 9% on Thursday, January…

Continue ReadingAdani Group stocks rally up to 9% after Hindenburg Research announces shut down – Times of India

Adani Group bribery allegations: Chandrababu Naidu takes a step back, says no action can be taken until concrete proof – Times of India

During a press interaction, Naidu said, "We can't back out of contracts unless concrete proof is available. Adani bribery allegations: More than a month after pledging action regarding US bribery…

Continue ReadingAdani Group bribery allegations: Chandrababu Naidu takes a step back, says no action can be taken until concrete proof – Times of India

Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal – Times of India

Bangladesh's interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar agreement by withholding tax benefits that a power plant central to the deal received from New Delhi,…

Continue ReadingAdani, under bribery scrutiny, pressed by Bangladesh to reopen power deal – Times of India