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Gautam Adani is overhauling his conglomerate, from Apple-style vendors to less hierarchy and more talent grooming
The ports-to-renewable energy conglomerate is aggressively developing a third-party vendor ecosystem to take over manufacturing, logistics, engineering and other functions.
Adani Group stocks: Enterprises, Ports, Green hit 52-week highs; here's why
Adani Green Energy in an exchange filing said the US SEC, Gautam Adani and Sagar Adani filed their request for entry of final judgment, on consent, before the US Eastern District NY Court on May 15.
Billionaire Adani to settle with SEC, nears end of US legal woes
Adani and his nephew Sagar agreed to pay a total of $18 million to settle Securities and Exchange Commission allegations they made false and misleading representations about Adani Green Energy Ltd, according to a proposed agreement filed in federal court Thursday.
Adani Group stocks in focus after reports suggest prosecutors considering dropping charges
Shares of Adani Ports are up 18% in the last one month and are near a 52-week high, while those of Adani Power, Energy Solutions and Green Energy are up 23%, 13% and 30% respectively during the same period.
Adani Group is jumping into Europe's deep waters. What can happen
Adani Ports is making a significant leap beyond traditional port operations, venturing into Europe's complex offshore and subsea market. Through a new partnership with Oceaneering International and its Astro Offshore arm, the company aims to become a global maritime infrastructure and offshore-services platform, focusing on deepwater engineering and underwater infrastructure for energy projects.
CCI clears Adani Power's GVK buy, other deals
The Competition Commission of India has approved four business deals, including Adani Power's acquisition of GVK Energy and Canada Pension Plan Investment Board's stake in Ctrl S Datacenters. The regulator also cleared Thriveni Earthmovers' purchase of a stake in Llyods Engineering Works and the merger of three entities into the company.
AI trade turns Adani’s energy stocks into India proxy play - The Economic Times
AI trade turns Adani’s energy stocks into India proxy playThe Economic Times
Adani Ports, Tata Motors and Siemens Energy witness block deal action on Monday
Institutional investors injected over Rs 7,400 crore into Adani Ports and Special Economic Zone (APSEZ) on Monday through significant block deals. Capital Group entities were major buyers, acquiring stakes from Worldwide Emerging Market Holding Limited. Smaller block deals also occurred in Tata Motors and Siemens Energy India.
Adani Ports among 4 stocks that hit 52-week highs & rallied up to 40% in a month
The Indian stock market saw a dip on Thursday with the Sensex falling. However, this did not stop four stocks from the BSE 200 index from reaching their highest levels in a year. These companies, including Lloyds Metals & Energy and Hitachi Energy India, showed strong upward movement.
UAE exit from OPEC could be net positive for India: Sagar Adani
Sagar Adani sees a UAE move away from OPEC as beneficial for India. He stressed energy's importance for economic strength. India needs to greatly increase its energy capacity. A mix of energy sources is crucial for stable power. Electrification and reduced energy imports will boost India's economy.
Q4 Results LIVE Updates: UTI AMC profit drops 73%; IEX operating profit up 23%
Q4 Results LIVE Updates: Infosys, LTIMindtree, IEX, Union Bank of India, Aditya Birla Sun Life AMC, Adani Energy Solutions, CIE India, Bluestone Jewellery, Mahindra Logistics, Tata Capital, Sterling & Wilson Renewables, Tata Teleservices (Maharashtra), and UTI AMC are among the important earnings to track today. The street will react to results reported by Trent, BCCL, and other companies as well. Watch this space for all the LIVE updates.
Adani Energy Solutions Q4 Results | Net profit up 6% to ₹684 crore as total income grows 15%
Shares of Adani Energy Solutions Ltd ended at ₹1,361.60, down by ₹8.65, or 0.63%, on the BSE.