Adani Group

Gautam Adani plans to transfer ownership of an Australian port terminal to Adani Ports for $2 billion through a preferential share issuance. Carmichael Rail and Port Singapore Holdings will acquire a 6.2% stake, increasing the promoter shareholding in Adani Ports to 68%. The North Queensland Export Terminal, with a 50 million tonne capacity, offers potential for future green hydrogen exports.

A prime piece of land on Carmichael Road in south Mumbai has been sold to Mah-Hill Properties, an adani group subsidiary, for Rs 170 crore. Originally intended for a children's park, the plot is now designated for residential purposes. The deal involves Behram Nowrosji Gamadia, who inherited the property, and Mah-Hill Properties, with the transaction finalizing in late March.

Indian stock markets plummeted on Monday, mirroring global anxieties over potential US tariffs. The Sensex saw its worst single-day drop in 10 months, causing investors to lose ₹14 lakh crore. Tata Group's market capitalization fell significantly, while Reliance Group also faced substantial losses.

Riding the wave of success from the Bihar Business Connect 2024, the Bihar government is planning to establish special industrial zones across the state. These zones, tailored to each district's strengths, will focus on specific agricultural produce, existing handicraft industries, and labor availability. The state aims to convert MoUs worth Rs 1.81 lakh crore into actual investments within a year.

Jharkhand CM Hemant Soren received adani group's Gautam Adani, signaling a welcome for investment in the state. Despite this, Congress reaffirms its critique of the methods the adani group uses, emphasizing its fight against government's preferential treatment of certain businesses.

adani group stocks' market capitalisation has dropped by 21% in FY25. Regulatory scrutiny and allegations of bribery further impacted the group's stock values, while external economic factors and foreign investors exacerbated the situation.

Recently, a video of Kay Mehta, an employee of the adani group, bungee jumping in Rishikesh has taken the internet by storm. But what makes this story so special? Mehta is wheelchair-bound, and his jump wasn’t just about adventure– it was truly a powerful statement that determination knows no limits!

Haldiram's has sold a 6% stake to UAE-based Alpha Wave for Rs 5,600 crore, following a 9% stake sale to Temasek. The deals have valued the iconic snack brand at Rs 84,000 crore, setting the stage for an IPO within a year.

Gautam Adani's recent meeting with Jharkhand CM Hemant Soren focused on mining rights and land acquisition for two coal projects. The BJP questioned the sudden cooperation between the JMM and Adani, citing previous criticisms. The discussion included pending clearances and future investment opportunities, raising eyebrows in the state Congress camp for lack of prior notice to their ministers.

adani group and Aditya Birla Group are set to enter the high-growth wires and cables sector, challenging an industry dominated by smaller, unorganized players. This move is expected to disrupt the market significantly. Both conglomerates have invested heavily, with Adani forming a joint venture and Aditya Birla announcing a major investment and plans for a new plant.

Sebi plans to form a high-level committee to review conflict-of-interest regulations after its former chairman faced accusations of undisclosed holdings. The new chairman, Tuhin Kanta Pandey, initiated this move for transparency and accountability. The independent committee will review and propose updates to enhance disclosures and ethical conduct, with recommendations expected in three months.

India's copper demand is set to grow by 7% due to renewable energy and infrastructure projects. With a gap between domestic production and consumption, the country imports 500,000 tonnes annually. Major companies are investing in copper production. The closure of Vedanta's Sterlite plant significantly impacted supply, turning India into a net importer.

Madhya Pradesh Investment Summit sees major firms like adani group, Reliance, and NTPC commit nearly Rs 4 lakh crore in investments. Projects span sectors like renewable energy, smart city development, nuclear power, and infrastructure. Chief Minister Mohan Yadav highlights investor confidence and the state's transformation into a key economic hub, with substantial job creation anticipated by 2030.

The adani group is in advanced negotiations to buy Emaar India for around USD 1.4-1.5 billion. Emaar Properties wants to sell a stake in Emaar India, but details are not finalized. adani group has several real estate ventures in India and is the highest bidder for major redevelopment projects in Mumbai.

BJP minister Ashish Shelar assured the legislative assembly that no Dharavi land will be allocated to the adani group. The 430-acre redevelopment project will reserve 37% for public spaces, with the Dharavi Redevelopment Authority overseeing the transformation. Shelar emphasized that misinformation regarding land allocation is false.

Initially, the IPL faced considerable scepticism, with many doubting the financial viability of its franchises. However, they not only endured but prospered, expanding their influence through ownership in leagues across the globe

Gautam Adani announced that the Navi Mumbai International Airport will be inaugurated in June. Initially aimed to handle one crore passengers annually, it will now open with a terminal equipped for two crore passengers. More work remains on terminal and taxiways, but a world-class facility will soon be operational.