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ADANI
Business

Adani Defence delivers 2nd Drishti-10 drone to Navy, boosting maritime surveillance capability

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New Delhi, Dec 4, Adani Defence and Aerospace has delivered a second Drishti-10 Starliner surveillance drone to the Indian Navy, boosting India’s maritime forces’ capabilities to monitor shipping lines and mitigate piracy risks. Following the handover of the first Drishti-10 to the Indian Navy earlier this year, the induction of the second unmanned aerial vehicles […]
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ADANI 123
Business

US DoJ exercise against Adani wasted expense, Trump’s return set to fix it: Mark Mobius

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New Delhi, Dec 3, The recent indictment by the US Department of Justice (DoJ) of Adani Group officials is nothing but a wasted expense and once President-elect Donald Trump assumes office, such wasteful exercises involving the government offices with overseas businesses will probably fade away, ace global investor Mark Mobius told IANS on Tuesday. His […]
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ADANI 2
English

Adani Foundation Partners With Gujarat Govt To Empower Over 7000 Divyangs Across The State

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With a commitment to create an inclusive and sustainable future for Divyang persons, the Adani Foundation and Government of Gujarat’s Department of Social Justice and Empowerment have come together to expand a collaboration. On International Day of Persons with Disabilities, which is commemorated on December 3, 2024, both the Adani Foundation and Government of Gujarat […]
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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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