Business

Adani Portfolio’s Credit Profile Strongest Among Indian, Global Infrastructure Sector

December 13, 2023 Vinayak Barot

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Ahmedabad, 13 December 2023: Adani Portfolio, India’s fastest growing and highest-rated infrastructure portfolio, today released its half-yearly credit performance. In the last six months, it has lowered net debt by 3.6% and raised cash reserves by 13.7%, all while delivering an all-time high half yearly profit (EBITDA – earnings before interest tax and depreciation) growth […]

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Business

Adani group EBITDA jumps 47% to record Rs 43k cr in H1

December 11, 2023 Vinayak Barot

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New Delhi, Dec 11 (PTI) Adani Group on Monday said pre-tax profit or EBITDA of its portfolio companies that span from apples to airports jumped 47 per cent in the first half of the current fiscal year to Rs 43,688 crore on growth across businesses. “Core infrastructure businesses that provide a high degree of predictability, […]

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English

India’s climate initiatives recognized globally in latest Climate Change Performance Index

December 11, 2023 Vinayak Barot

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Adani Group Chairman Gautam Adani posted on social media and said, A moment of great pride as India’s climate initiatives get recognized as the fourth strongest globally in the latest Climate Change Performance Index by NGO @Germanwatch. The index assesses the performance of the countries on four indicators – the country’s total emissions, renewable energy deployment, […]

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Business

Adani Group market cap rises to a seven-month high; adds a whopping Rs 47,050 crore on Monday

September 11, 2023 Vinayak Barot

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All 10 stocks of the Adani Group gained after the promoter increased its holdings in two key Adani companies last week The Adani Group, the port to power conglomerate, added a massive Rs 47,050 crore in shareholder’s wealth as investors showed renewed confidence in the group’s stock portfolio. Adani Group’s market capitalisation shot up to […]

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Business

The Audit Committee/ Board is pleased to appoint MSKA & Associates as APSEZ’s auditor

August 12, 2023 Vinayak Barot

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The Audit Committee/ Board is pleased to appoint MSKA & Associates (an independent member firm of BDO International, a Top 6 global audit firm,) as APSEZ’s auditor. Since May 2017, Deloitte has been Adani Ports and Special Economic Zone’s (APSEZ) statutory auditor. In July 2022, APSEZ reappointed Deloitte as its statutory auditor for another term […]

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Business

The Adani Group continues to introduce investment partners to India’s Infrastructure story  

July 9, 2023 Vinayak Barot

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Ahmedabad, 9 July 2023: Adani Group, which started the capital transformation journey for its core infrastructure portfolio in 2019, has raised over $9 billion in a short span of four years. The program paved the way for long-only global investors to participate in the world’s largest and fastest-growing infrastructure development where Adani portfolio offers a […]

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Business

Adani Portfolio Companies are listed on the Indian exchanges i.e. NSE & BSE

June 27, 2023 Vinayak Barot

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Adani Portfolio Companies are listed on the Indian exchanges i.e. NSE & BSE. Certain listed cos. Including subsidiaries have issued the bonds in the global capital market and the same has been listed on the Singapore Exchange (SGX). In our listed portfolio six of our Ambuja, ACC, AWL, NDTV, APL and ATGL are purely domestic […]

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Business

The 2016 GDR Issue and 2021 MPS Issue are Different, Distinct, and Completely Separate matters

May 17, 2023 Vinayak Barot

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SG Tushar Mehta has reiterated in the SC today, that the 2016 GDR matter is totally different, distinct, and completely separate from the 19th July 2021 Reply by FinMin in the Parliament, which pertains to MPS. It has no relation and/or connection to the issues referred to and/or arising out of the Hindenburg Report but […]

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Business

Adani Enterprises Ltd FY23 Results, consolidated Income increased by 96% to Rs. 1,38,175 cr

May 4, 2023 Vinayak Barot

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Ahmedabad, May 4, 2023: Adani Enterprises Ltd (AEL), part of the Adani Group, today announced its results for the financial year and quarter ended March 31, 2023 “Once again, Adani Enterprises has lived up to its standing as not only India’s most successful business incubator but also one of the world’s most successful infrastructure foundries,” […]

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Business

Adani Electricity Mumbai Ltd Ranked No.1 Power Utility in India

April 10, 2023 Vinayak Barot

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Mumbai, 10 April 2023: Adani Electricity Mumbai Ltd (Adani Electricity) topped the country’s 71 electricity distribution companies for its overall governance including Financial Sustainability, Performance Excellence and External Environment. In the Ministry of Power’s 11th edition of the ‘Annual Integrated Rating & Ranking’ of country’s power distribution utilities, Adani Electricity secured the 1st rank with […]

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