Adani Green Energy Exits Sri Lanka’s $442M Project
Adani Green Energy shared on Thursday, February 13, 2025, that it has exited Sri Lanka’s $442 million power project. The company exited after the new Sri Lankan government decided to negotiate tariffs and make a modification to the accord. The company shared that it’s still committed to Sri Lanka for any future collaboration if the…
ABHYUDAYA MITTAL
Adani Energy Solutions Bags A Project Worth ₹25,000 Cr
In a major win, the Adani-Groups AESL (Adani Energy Solutions) secured the ₹25,000 crore Bhadla (Rajasthan)-Fatehpur (Uttar Pradesh) HVDC (High Voltage Direct Current) project. It’s the largest project for the company to date. Bhadla Fatehpur-HVDC Project was formally handed over to AESL on January 20, 2025. Adani Energy Solutions shared that it won the project…
Shipra Prajapati
Adani Enterprises’ $2 Billion Deal For Fund Inflow
On Monday, Adani Enterprises Limited (AEL) announced that it would exit from the joint venture with Wilmar International Limited under a $2 billion deal, ending a 26-year joint venture. The fund inflow from this deal is expected to address the group’s liquidity requirements. Adani Enterprises stated, “AEL will use the proceeds from the sale to…
abhinav singh
Gautam Adani Pulled Out Of $553 Million US Loan Deal
Billionaire Gautam Adani withdrew from a major US loan deal worth $553 million. This loan was meant to fund a port terminal being developed by Adani Ports and Special Economic Zone Limited in Sri Lanka’s capital, Colombo. The withdrawal from the loan deal underscores the end of an agreement between India and the US to…
Ahmed Al Hamadani
Shaping the Future of Health and Nutrition with Sustainable Innovation Ahmed Al Hamadani Founder & Managing Director Vitallea Group The health and nutrition industry is under significant pressure from evolving consumer demands for personalised health solutions, stringent regulatory standards, and a push towards sustainability. Consumers increasingly seek products that offer not only nutritional benefits but…
John David
Adani, Google Join to Power India’s Clean Energy Future
Adani Group and Google collaborated to advance the companies’ joint sustainability objectives and contribute to the growth of clean energy in India. Through the collaboration, Adani will be able to provide clean energy from a brand-new solar-wind hybrid project in Khavda, Gujarat, the site of the largest renewable energy plant in the world. According to…
Adani Family Left Out of Hurun’s Top Family Businesses
Recently, Hurun released its report on India’s most valuable family businesses. According to Hurun’s list of the top 10 family businesses in India, these businesses have collectively amassed a total value of more than INR 60,00,000 crores. However, this list doesn’t include the name of multi-billionaire Gautam Adani’s business. This news sent a shockwave across…
Adani To Retire At 70: Who Will Be The Next Chairman?
Gautam Adani, Indian business Tycoon and Asia’s second-richest person, has decided to step down from his position in early 2030 and transfer his control to his sons and nephews. The 62-year-old multi-billionaire will retire at the age of 70 and has emphasized the importance of succession in an interview with Bloomberg News. According to the…
Ambani’s RIL Acquires Adani Power Subsidiary Shares
Reliance Industries Limited and Adani Power have announced an unexpected twist that could significantly impact the energy sector. India’s wealthiest business tycoon, Ambani, has revealed the acquisition of Mahan Energen, a subsidiary of Adani Power. RIL mentioned that they will buy a 26% stake worth ₹50 crore in the 600 MW unit of Mahan Energen’s…
Inside the Hedge Fund’s Dark Scheme Against Adani
In light of recent events, SEBI (Security Exchange Board of India) released a shocking revelation regarding the Hindenburg report on Adani Entreprises. In its report, the regulator mentioned that the US-based research firm Hindenburg made a profit-sharing deal with Kingdon Capital Management LLC to share research reports before making them public. Ultimately, this resulted in…
Vikas