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Fortune celebrates National Protein Day with a campaign to spread awareness about protein rich Soya Chunks

February 26, 2023 Vinayak Barot

National, 26thFebruary: Fortune, the No. 1 edible oil brand in the country is celebrating National Protein Day with Fortune Soya Chunks, one of the leading brands in the category inTexturized Soya Protein (TSP). TSP is also one of the most preferred substitutes for vegetables and meats. Fortune Soya Chunks has launched a campaign, to mark […]

Business

significant interest in various aspects of the Adani portfolio of companies over the past two weeks

February 15, 2023 Vinayak Barot

We are pleased to share the financial results of Adani Enterprises Ltd. As you all know, there has been significant interest in various aspects of the Adani portfolio of companies over the past two weeks. Jugeshinder [Robbie] Singh, CFO, Adani Enterprise said so. First, let me say that we are laser focused on continuing our business momentum, […]

Business

Adani Enterprises Ltd 9M FY23 Results, Consolidated EBIDTA up by 90% to Rs. 6,068 cr

February 14, 2023 Vinayak Barot

Ahmedabad, February 14, 2023: Adani Enterprises Ltd (AEL), part of the Adani Group, today announced its results for the nine months & quarter ended December 31, 2022 “Over the past three decades, as well as quarter after quarter and year after year, Adani Enterprises has not only validated its standing as India’s most successful infrastructure […]

Business

Statement On Pledge of Adani Listed Companies

February 6, 2023 Vinayak Barot

Ahmedabad: In light of recent market volatility and in continuation of hte prmoter’s commeitment to reduce the overall promoter leverage backed by Adani Listed Company shares, we are pleased to inform that promoters have posted the amounts to prepay USD1,114 million ahead of its maturity of Sep 2024. With the repayment of such amount, the […]

Business

Bank of Baroda will continueg iving loans to Adani: CEO Sanjiv Chadha

February 4, 2023 Vinayak Barot

Bank of Baroda MD and CEO Sanjiv Chadha said Friday thatt he bank will continue to lend to the Adani group if the groupa ccount meets the lender’s underwriting criteria. “For us, any lending decision is based upon, again, thea ssessment of risk and the return on that particular exposure. I don’t think we will […]

Business

The maliciously mischievous, unresearched report published by Hindenburg Research has adversely affected the Adani Group, shareholders and investors

January 26, 2023 Vinayak Barot

The maliciously mischievous, unresearched report published by Hindenburg Research on 24 Jan 2023 has adversely affected the Adani Group, our shareholders and investors. The volatility in Indian stock markets created by the report is of great concern and has led to unwanted anguish for Indian citizens. Jatin Jalundhwala, Group Head – Legal, Adani said. Clearly, […]

Business

The Adani Group, which is India’s leader in infrastructure and job creation

January 25, 2023 Vinayak Barot

We are shocked that Hindenburg Research has published a report on 24 January 2023 without making any attempt to contact us or verify the factual matrix. The report is a malicious combination of selective misinformation and stale, baseless and discredited allegations that have been tested and rejected by India’s highest courts, Jugeshinder Singh, Group CFO, […]

Business

In a first, Adani to deploy Hydrogen-Powered Trucks

January 17, 2023 Vinayak Barot

Ahmedabad, 17 January 2023: Adani Enterprises Limited (AEL), part of the diversified Adani portfolio of companies, today signed an agreement to launch a pilot project to develop a hydrogen fuel cell electric truck (FCET) for mining logistics and transportation with Ashok Leyland, India, and Ballard Power, Canada. This collaboration marks Asia’s first planned hydrogen powered […]

Business

Adani Transmission Ltd is Water Positive

November 23, 2022 Vinayak Barot

DNV, an independent global certification agency, has certified ATL as ‘Water Positive’ The certification signifies water credit is higher than the water consumed The verification was carried out at 30 substations and seven Transmission Line Clusters (TLs) Ahmedabad, 23 November 2022: Adani Transmission Limited (ATL), the largest private transmission and distribution company in India and […]

Business

Adani Transmission to become net-zero by 2050

September 21, 2022 Vinayak Barot

Ahmedabad, 21 September 2022: Adani Transmission Ltd (ATL), India’s largest private power distribution company and the transmission arm of the diversified Adani Group, has submitted its Green House Gases (GHG) emission reduction plans and targets to Science Based Targets initiative (SBTi), an international initiative for containing global warming. ATL has submitted its detailed plan and […]