Adani Group

India's Adani Green says aware of US probe into third party, denies relationship

India's Adani Green Energy said on Tuesday it is aware of a US investigation into potential violations of anti-corruption laws by a "third party", but denied any relationship with the entity
20 March 2024, 06:05 AM

US probing Adani Group and founder over potential bribery

Prosecutors are digging into whether an Adani entity or people linked to the company, including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project
17 March 2024, 05:29 AM

India's Adani Group in talks with sovereign funds to raise $2.6 billion

Adani Group is in talks with West Asia-based sovereign funds to raise up to $2.6 billion for its airport expansion and green hydrogen projects
19 February 2024, 05:08 AM

India's Adani to invest $24 bln in Gujarat in five years

Adani Group to invest 2 trillion rupees ($24 billion) in five years, said its chairman Gautam Adani
10 January 2024, 11:37 AM

Adani likely to supply second 800 MW to Bangladesh soon

After starting electricity supply to Bangladesh from the first unit of its plant in Godda in the eastern state of Jharkhand a few days ago, India's Adani Power Limited has said it is expected to commission its second 800 MW unit soon, according to the company statement
10 April 2023, 06:50 AM

What Adani Group has to say

The Daily Star contacted Adani Group for clarifications on certain aspects of the PPA and we are publishing the emailed comment from the Adani Group headquarters in Ahmedabad in India ad verbatim.
28 February 2023, 01:20 AM

Adani power purchase against ‘public policy’: How could such a deal be signed?

"It is a punishable offence to sign such a contract -- we believe that our agencies have the ability to identify the corruption in this deal"
28 February 2023, 01:00 AM

Heads Adani wins, tails Bangladesh loses

Gain is for Gautam Adani and loss for Bangladesh: that is how the electricity purchase deal with the Indian business tycoon may turn out to be
27 February 2023, 01:00 AM

How India's scandal-hit Adani Group hushes critics

Thakurta, 67, was hit with six defamation actions -- three of them criminal -- after writing a series of reports on Adani that included accusations a top judge gave it preferential treatment
19 February 2023, 07:12 AM

Dalit poet Sukirtharani rejects award from Adani

Sukirtharani, a poet from Tamil Nadu whose works of literature explore the lives of Dalit women in India, has refused to accept the Devi Award in a recent award ceremony.
12 February 2023, 12:18 PM

Adani stock fall: India’s opposition MPs protest, demand JPC probe

India's opposition lawmakers held a protest on the premises of parliament demanding joint parliamentary committee (JPC) probe into the sharp fall in values of stocks of billionaire tycoon Gautam Adani-led Adani Enterprises.
6 February 2023, 06:39 AM

Modi's patronisation of Adani and its cost for Bangladesh

The 25-year power import deal with Adani "is hardly favourable for Bangladesh."
1 February 2023, 16:00 PM

5 Top Stories to know today

Catch up with the news in less than 5 mins.
1 February 2023, 07:20 AM

Adani group's market loss swells to $65 billion

Most Adani group shares extended their sharp falls to Monday as a detailed rebuttal of a US short-seller's criticisms by the Indian conglomerate failed to pacify investors whose market losses have now risen to $65 billion over three days.
30 January 2023, 06:53 AM

Adani says $2.5 billion share sale on track even as bankers mull changes

A $2.5 billion share sale by India's Adani Enterprises (ADEL.NS) remains on schedule at the planned issue price, the company told Reuters on Saturday, while sources said bankers were considering changes due to a market rout in the group's shares.
29 January 2023, 06:35 AM