Fitch has affirmed the ratings as the Adani Group has demonstrated adequate funding.
Chairman of the Adani Group, Gautam Adani, experienced the second-largest decline in wealth this year, as per the Bloomberg Billionaires Index. Adani is trailing only Tesla founder Elon Musk.
Adani Green Energy Ltd (AGEL) officially announced on Thursday that it has withdrawn from two planned wind power projects in Sri Lanka citing recent developments in project negotiations.
Adani Group Chairman Gautam Adani has tweeted on X, the launch of Adani Health City in partnership with the globally renowned Mayo Clinic, to enable world-class medical research, affordable healthcare and medical education at an investment of Rs 6000 crore.
Gautam Adani, the Chairman of the Adani Group, on Monday announced to launch Adani Health City (AHC) in partnership with US-based Mayo Clinic that aims to pioneer world-class medical research, affordable healthcare and education.
Adani Group Chief Financial Officer (CFO) Jugeshinder Singh on Saturday addressed the ongoing controversy surrounding allegations of fraud against the group, clarifying that the allegations pertain to a single contract involving Adani Green Energy
The Lok Sabha was adjourned for the day amid uproar by the opposition parties on various issues. The Lower House will meet again at 11 am on Wednesday.
In a post on X, Singh said none of the group’s 11 public companies or their subsidiaries are defendants in the case filed by the US Department of Justice (DoJ), nor are they accused of wrongdoing.
The Securities and Exchange Board of India (SEBI) is looking into whether the Adani Group violated rules mandating the disclosure of market-moving information, Bloomberg reported citing sources.
Coming as an aftermath of the bribery charges by the US Securities and Exchange Commission (SEC), and a US District Court, the Adani Group stocks lost Rs 2.3 lakh crore in market capitalisation on Thursday.
