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Gautam Adani now has a net worth of $63.5 billion(HT photo)

Gautam Adani slips to third spot on Asia’s rich list

By Ashwin Ramarathinam, Mumbai
PUBLISHED ON JUN 19, 2021 06:04 AM IST
  • Shares of Adani group companies have plummeted this week following a sell-off on Monday after reports that accounts of some major foreign investors holding these shares have been frozen.
The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad. (REUTERS)
The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad. (REUTERS)

'Reports of freezing of investor accounts blatantly erroneous': Adani Group

By hindustantimes.com | Written by Shankhyaneel Sarkar | Edited by Avik Roy, Hindustan Times, New Delhi
PUBLISHED ON JUN 14, 2021 05:09 PM IST
  • The NSDL froze the accounts of Albula Investment Fund, Cresta Fund and APMS Investment Fund without citing any reasons for the freeze.
File photo of Gautam Adani, Chairman of Adani Group.(Reuters)
File photo of Gautam Adani, Chairman of Adani Group.(Reuters)

Adani Enterprises shares hit new record high

By hindustantimes.com | Edited by Amit Chaturvedi, Hindustan Times, New Delhi
PUBLISHED ON JUN 02, 2021 03:38 PM IST
Adani Enterprises Ltd is the flagship company of Adani Group. Over the years, Adani Enterprises has focused on building emerging infrastructure businesses and divesting them into separate listed entities.
The Trivandrum airport will remain closed due to Cyclone Burevi.(www.trivandrumairport.com/)
The Trivandrum airport will remain closed due to Cyclone Burevi.(www.trivandrumairport.com/)

SC to hear Kerala's plea against leasing of Trivandrum airport to Adani

By hindustantimes.com | Edited by Amit Chaturvedi
PUBLISHED ON MAR 08, 2021 09:05 AM IST
The plea was filed in the Supreme Court after the Kerala high court dismissed the state government's plea over the issue last year. It said that this a dispute between Centre and state and can be decided only by the Supreme Court under Article 131 of the Constitution.
Proceeds will be used to finance early redemption of dollar bonds maturing next year. (HT)
Proceeds will be used to finance early redemption of dollar bonds maturing next year. (HT)

Adani Ports to raise $500mn through bonds

, Livemint, Mumbai
PUBLISHED ON JAN 27, 2021 05:58 AM IST
  • The proceeds of the bond sale would be used to finance early redemption of dollar bonds of a similar amount maturing next year.
The revised bids were called after Adani group made an unsolicited offer to buy the entire company instead of the select assets it had bid for earlier(Reuters File Photo)
The revised bids were called after Adani group made an unsolicited offer to buy the entire company instead of the select assets it had bid for earlier(Reuters File Photo)

Oaktree Cap emerges as highest bidder for DHFL

Mint, Mumbai | By Gopika Gopakumar
PUBLISHED ON DEC 15, 2020 12:28 AM IST
Oaktree Capital offered to pay Rs32,700 crore in the fourth round of bidding for mortgage lender DHFL’s entire portfolio, followed by Piramal with Rs32,350 crore and Adani Enterprises with Rs29,860 crore, the people aware of the development said.
Adani group has suggested a bid price that is Rs 250 crore higher than Oaktree’s bid for the troubled shadow lender DHFL(Mint)
Adani group has suggested a bid price that is Rs 250 crore higher than Oaktree’s bid for the troubled shadow lender DHFL(Mint)

Adani Enterprises is likely to bid for entire DHFL portfolio

Livemint, New Delhi | By Gopika Gopakumar
UPDATED ON NOV 14, 2020 06:59 AM IST
Adani group has also sent a revised bid for the wholesale and slum rehabilitation (SRA) book
Last Tuesday, the Central government extended by two months the deadline for placing bids for Air India till October 30 as the Covid-19 fallout has disrupted economic activity globally.(Sanjeev Verma/HT PHOTO)
Last Tuesday, the Central government extended by two months the deadline for placing bids for Air India till October 30 as the Covid-19 fallout has disrupted economic activity globally.(Sanjeev Verma/HT PHOTO)

Govt should not be running airports and airlines; hopeful of privatising AI in 2020: Hardeep Puri

New Delhi | By Press Trust of India| Posted by Susmita Pakrasi
PUBLISHED ON AUG 31, 2020 06:11 AM IST
The central government privatised six major airports -- Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati -- in February 2019. After a competitive bidding process, Adani Enterprises won the rights to run all of them.
The BJP has accused the Kerala CM of attempting to divert attention from the gold smuggling case which has cast a shadow on his office as well.(PTI Photo)
The BJP has accused the Kerala CM of attempting to divert attention from the gold smuggling case which has cast a shadow on his office as well.(PTI Photo)

Kerala-Centre showdown looms over leasing Thiruvananthapuram airport to Adani

Hindustan Times, Thiruvananthapuram | By Ramesh Babu | Edited by Abhinav Sahay
UPDATED ON AUG 20, 2020 08:14 PM IST
Kerala government is considering passing a resolution in the assembly to oppose handing over of the management of the airport to a private entity.
AAI will receive Rs1,070 crore upfront from handing over the airports for redevelopment(Mint File Photo)
AAI will receive Rs1,070 crore upfront from handing over the airports for redevelopment(Mint File Photo)

Govt to lease out 3 airports via PPP

Mint, New Delhi | By Gireesh Chandra Prasad, New Delhi
UPDATED ON AUG 20, 2020 05:34 AM IST
Jaipur, Thiruvananthapuram and Guwahati airports will be leased for operation, management, and development in public-private partnership (PPP) model to Adani Enterprises.
The Gautam Adani-led company had clocked a consolidated profit of Rs 266.09 crore for the corresponding quarter a year-ago, the company said in a BSE filing.(Abhijit Bhatlekar/ Mint file photo)
The Gautam Adani-led company had clocked a consolidated profit of Rs 266.09 crore for the corresponding quarter a year-ago, the company said in a BSE filing.(Abhijit Bhatlekar/ Mint file photo)

Adani Enterprises Q4 net profit declines 64% to Rs 96.93 crore

New Delhi | By Press Trust of India| Posted by: Harshit Sabarwal
PUBLISHED ON MAY 06, 2020 03:16 PM IST
The total expenses of the company rose to Rs 13,711.98 crore during the quarter under review as against Rs 12,975.30 crore in the same period previous fiscal.
Central Bureau of Investigation has filed a case of corruption and criminal conspiracy against Adani Enterprises Ltd and top officials of NCCF.(PTI File)
Central Bureau of Investigation has filed a case of corruption and criminal conspiracy against Adani Enterprises Ltd and top officials of NCCF.(PTI File)

CBI books Adani Enterprises, others for criminal conspiracy

Hindustan Times, New Delhi | By Neeraj Chauhan
UPDATED ON JAN 17, 2020 12:15 AM IST
The agency claimed it has been investigating officials of Adani Enterprises and NCCF since 2017 on a complaint from the ministry of consumer affairs as part of a preliminary enquiry
The CBI case names Virender Singh, former chairman of National Cooperative Consumer Federation, former NCCF managing director GP Gupta and its then senior advisor SC Singhal apart from Adani Enterprises.(PTI FILE)
The CBI case names Virender Singh, former chairman of National Cooperative Consumer Federation, former NCCF managing director GP Gupta and its then senior advisor SC Singhal apart from Adani Enterprises.(PTI FILE)

CBI files FIR against top NCCF officials, Adani Enterprises in 2010 coal supply case

Hindustan Times, New Delhi | By Neeraj Chauhan
UPDATED ON JAN 16, 2020 05:53 PM IST
The CBI had taken up inquiries in this case in 2017 after it received a complaint from the consumer affairs ministry, which oversees NCCF’s functioning.
Sidharath Kapur
Sidharath Kapur

Sidharath Kapur to exit Adani’s airports business

Mumbai | By Tanya Thomas
UPDATED ON AUG 22, 2019 10:23 PM IST
Kapur is credited with taking GMR’s ambitions in the airport business overseas, with successful bids in the Maldives, Crete and the Philippines, and raising debt of over Rs 20,000 crore as part of the expansion plan.
Chhattisgarh chief minister Bhupesh Baghel at state Congress office in Raipur.((Arijit Sen/HT Photo))
Chhattisgarh chief minister Bhupesh Baghel at state Congress office in Raipur.((Arijit Sen/HT Photo))

Baghel government to review mining in Bailadila

Raipur | By Ritesh Mishra
UPDATED ON JUN 09, 2019 10:50 AM IST
Local tribals have started a protest claiming that the hill, where the mining is supposed to take place, was their deity.
The tribals, however, stated the protest under the banner of Sanyukt Panchayat Samiti and demanded to stop the mining operations.(PTI representative Image)
The tribals, however, stated the protest under the banner of Sanyukt Panchayat Samiti and demanded to stop the mining operations.(PTI representative Image)

Tribals start indefinite protest against mining in Dantewada hill

Hindustan Times, Raipur | By Ritesh Mishra
UPDATED ON JUN 08, 2019 10:19 PM IST
The tribals, however, stated the protest under the banner of Sanyukt Panchayat Samiti and demanded to stop the mining operations.
When the move to privatise the airport surfaced the state government mooted a Cochin International Airport Limited, a model private-public participation, and sought some concessions to the KSIDC.(File)
When the move to privatise the airport surfaced the state government mooted a Cochin International Airport Limited, a model private-public participation, and sought some concessions to the KSIDC.(File)

Kerala government to move court questioning Adani’s airport bid

Hindustan Times, Kerala | By HT Correspondent
PUBLISHED ON FEB 28, 2019 11:53 AM IST
The government-owned Kerala State Industrial Development Corporation (KSIDC) had participated in the bid till the last minute but Adani Enterprises quoted the highest and won it on Tuesday
FILE PHOTO: Indian billionaire Gautam Adani speaks during an interview with Reuters at his office in Ahmedabad, April 2, 2014. REUTERS/Amit Dave/File photo(Reuters File Photo)
FILE PHOTO: Indian billionaire Gautam Adani speaks during an interview with Reuters at his office in Ahmedabad, April 2, 2014. REUTERS/Amit Dave/File photo(Reuters File Photo)

Legal challenges, delays force writedowns on Adani’s Carmichael Coal

Bloomberg | By Perry Williams and Rajesh Kumar Singh
UPDATED ON MAY 11, 2018 03:24 PM IST
The billionaire Gautam Adani-backed company has pushed back by one year its original 2020 target to start the Carmichael mine after failing to obtain up to A$3 billion of funds by a March deadline.
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