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 sector. Both conglomerates recently announced their foray into the segment, intensifying competition in an industry largely dominated by unorganized players and smaller companies. New battle for market shareThe wires and …
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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 to the previous year, amidst market fluctuations and regulatory scrutiny. A total of Rs 3.4 lakh crore have been wiped out in market cap. Adani Green Energy stocks have faced …
Read More »Flights from Mumbai airport to cost more soon? Fliers may have to pay for big infrastructure upgrade – The Times of India
Chhatrapati Shivaji Maharaj International Airport plans to invest approximately ₹10,000 crore in infrastructure enhancement. From May onwards, travellers departing from Mumbai airport could face increased charges as the Adani-operated facility has suggested implementing a ₹325 fee for domestic flights and raising international passenger charges to ₹650.The overall financial burden on passengers might be reduced as the airport authorities have proposed …
Read More »Adani Wilmar to acquire GD Foods | Mumbai News – The Times of India
Adani Wilmar (AWL) to strengthen its presence in the kitchen essentials segment MUMBAI: Adani Wilmar (AWL) is acquiring GD Foods which sells a range of sauces, pickles and other food products through its brand Tops. The acquisition will allow the company to step up its play in the kitchen essentials category and offer more choices to consumers in a competitive …
Read More »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 out of further engagement in a $442 million wind power venture in Sri Lanka after the country’s authorities attempted to modify the agreement.In a media statement, the group wrote, “Adani …
Read More »Gautam Adani’s son Jeet Adani marries Diva Shah: See first wedding pictures – The Times of India
Jeet Adani and Diva ShahPicture: Gautam Adani/ Instagram Indian billionaire and Adani Group Chairperson, Gautam Adani’s son Jeet Adani is now married to his fiancé Diva Shah. The couple got married in a private wedding ceremony today, February 7, which was held in Ahmedabad. Sharing the news, Gautam Adani posted a few pictures of the newly-wed couple Jeet and Diva …
Read More »After Adani, Jindal enters copper biz – The Times of India
MUMBAI: Billionaire Sajjan Jindal‘s JSW Group is venturing into the non-ferrous metals business, with an investment of Rs 2,600 crore, following its entry into the automobile sector last year. The focus will be on copper, a critical material used in EVs, renewable energy infrastructure, electronics, and telecom. JSW will face competition from Adani Group, which entered the copper business in …
Read More »‘Misleading’: Adani Group denies report on Sri Lanka revoking power purchase deal – The Times of India
NEW DELHI: Adani Group has denied the reports of cancellation of power purchase deal with Sri Lanka and called it “false and misleading”. It categorically mentioned that the projects were still on amid US indictment. “Reports that Adani’s 484 MW wind power projects in Mannar and Pooneryn have been cancelled are false and misleading. We categorically state that the project …
Read More »Meet the Adani women: Dr Priti Adani, ‘badi bahu’ Paridhi Adani, and to-be ‘choti bahu’ Diva Jaimin Shah – The Times of India
Photo: Gautam Adani/ Instagram After the big fat Ambani wedding becoming the wedding of the year in 2024, news is that another richest family of India– Gautam Adani and his family are also set to host a wedding this year. Putting rumours to rest about his son’s grand wedding this year, Gautam Adani, the Chairman of the Adani Group, recently …
Read More »Gautam Adani visits Mahakumbh 2025, reveals the wedding date of his son Jeet Adani – The Times of India
Prayagraj: Adani Group Chairman Gautam Adani with wife Priti Adani visits ISKCON ‘pandal’ during the Maha Kumbh Mela 2025, in Prayagraj, Uttar Pradesh. (PTI Photo) One of India’s richest person, Gautam Adani and his family visited the sacred Mahakumbh Mela 2025 today (January 21). Gautam Adani, the Chairman of the Adani Group, was accompanied by his wife Priti Adani, and …
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