Latest News, Updates & Breaking Headlines
Adani Defence & Aerospace on Saturday handed over the first batch of 2,000 ‘Prahar’ light machine guns (LMGs) to the Indian Army in Gwalior, marking an early milestone in a large-scale order for around 40,000 weapons under the ‘Make in India’ initiative. The handover aims to boost the Army’s frontline firepower along the Line of…
Adani Defence & Aerospace on Saturday handed over the first batch of 2,000 ‘Prahar’ light machine guns (LMGs) to the Indian Army in Gwalior, marking an early milestone in a large-scale order for around 40,000 weapons under the ‘Make in India’ initiative. The handover aims to boost the Army’s frontline firepower along the Line of…
The National Company Law Tribunal (NCLT) on Tuesday approved Adani Enterprises Ltd’s Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd through the insolvency process. In a regulatory filing, Jaiprakash Associates Ltd (JAL) informed that the NCLT, Allahabad bench, has “orally pronounced an order on March 17, 2026 “approving the resolution plan submitted by Adani…
MUMBAI: Adani Group will invest $100 billion to build renewable energy-powered AI-ready data centres by 2035 as the ports-to-power conglomerate seeks to cash in on India’s attempt to pitch itself as the hub of AI infrastructure. The investment is expected to “catalyse” an additional $150 billion investment across server manufacturing, advanced electrical infrastructure and related…
The hiring push comes amid a surge in investments by global companies looking to strengthen their AI presence in the country. (AI image) India’s first AI Summit is turning into a talent scouting ground for Mukesh Ambani-led Reliance Group and Gautam Adani-led Adani Group. The country’s two biggest business houses are actively looking for young…
The Adani Group has unveiled an ambitious plan to invest $100 billion over the next decade to build renewable-energy-powered, hyperscale AI-ready data centres across India, targeting completion by 2035. Announcing the move on Tuesday, the conglomerate described the proposal as one of the largest integrated commitments globally in energy and computing. It said the initiative…
MUMBAI: After the Tata and JSW Groups, the Adani Group is firming up plans to enter the nuclear energy sector. This week, the Ahmedabad-based infrastructure conglomerate incorporated a new company, Adani Atomic Energy, for the purpose. The company, a wholly owned subsidiary of Adani Power, will “generate, transmit and distribute electricity derived from nuclear and…
NEW DELHI: Just days after the Indo-EU trade and defence deal, Italian defence major Leonardo, which offers helicopter products and services globally, and Adani Defence and Aerospace on Tuesday announced a strategic partnership by signing an MoU to establish an integrated helicopter manufacturing ecosystem in India. The manufacturing ecosystem will seek to address the demands…
New York/New Delhi: Billionaire Gautam Adani and his nephew, Sagar Adani, have agreed to receive a legal notice from US Securities and Exchange Commission in a civil fraud lawsuit alleging they misled investors about a bribery scheme, according to a court filing. The stipulation is subject to court approval, reports PTI.In a filing in a…
Shares of Adani group companies fell sharply on Friday, with some stocks plunging as much as 13%, after reports said the US Securities and Exchange Commission (SEC) has approached a New York court seeking permission to serve summons to group chairman Gautam Adani and executive Sagar Adani in connection with an alleged fraud and $265-million…
