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ADANI GROUP
Business

Adani Group Gets Bernstein’s Vote — ‘Operational Metrics Better Post Short-Seller Attack’

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The operational risks in Adani Group have reduced over the years, with a fall in share pledges, and improving leverage among others, according to Bernstein Research. The key concern during the short-seller Hindenburg Research’s allegations was share pledge, which has seen a “dramatic drop” across companies, Bernstein said in a note on Dec. 2. “This […]
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AMBUJA CEMENT
Business

Ambuja Cements moves closer to NET ZERO

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Ahmedabad, Ambuja Cements, the cement and building material  company of the diversified Adani Portfolio, further advances towards its Net Zero goals by  leveraging zero-carbon heating technology to decarbonise its cement manufacturing  process. The Company has entered into a strategic partnership with Finland-based  technology and engineering company ‘Coolbrook’. Ambuja will implement Coolbrook’s  proprietary RotoDynamic Heater™ (RDH™) […]
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bharat
English

‘No request from US on this case’, MEA on reports of summons to executives of Adani group in alleged bribery case

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The Ministry of External Affairs spokesperson Randhir Jaiswal on Friday said the allegations against the AdGroup top executives were a legal matter involving private firms and individuals and the US Department of Justice. In the weekly press briefing, Jaiswal informed the reporters that there are established procedures and legal avenues in such cases which India […]
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ADANI A
Business

CRISIL Ratings has published a report reaffirming its strong credit ratings for Adani Group companies

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CRISIL Ratings has published a report reaffirming its strong credit ratings for Adani Group companies. Despite recent legal developments, including a US indictment followed by materially false and misleading coverage, the agency has maintained a positive outlook on the group’s companies and entities. “Adani Group has sufficient liquidity and operational cash flows to meet its […]
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Adani
Business

Japanese Banks sticking with Adani as Jefferies, Barclays review ties

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Japan’s biggest banks plan to maintain ties to billionaire Gautam Adani despite US bribery charges, even as other global firms including Barclays Plc are reassessing their exposure to the Indian conglomerate. Mizuho Financial Group Inc. expects the latest saga surrounding Adani won’t have a long-lasting impact and intends to continue supporting the group, according to […]
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ADANI A
Business

Adani Portfolio delivers Record H1 and TTM Performance

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Ahmedabad, 25 November 2024: In line with its commitment to transparency, Adani Group, India’s leading infrastructure conglomerate, today announced the release of Adani Portfolio’s H1 FY25 and Trailing-Twelve-Month (TTM) Results and Credit Compendium. The Results Compendium provides a comprehensive overview of the financial performance of Adani Portfolio and the Credit Compendium offers in-depth insights into […]
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ADANI A
Business

The allegations leveled by the US Justice Department against the directors of Adani Green are baseless: Adani Group

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The allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied. Adani Group spokesperson said. As stated by the US Department of Justice itself, “the charges in the indictment are allegations and the defendants are presumed innocent unless and until proven […]
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