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

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 […]

Ambuja Cements moves closer to NET ZERO

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™) […]

Japanese Banks sticking with Adani as Jefferies, Barclays review ties

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 […]

Latteys Industries Limited Reports Exceptional Results for Q2 FY 2024

Ahmedabad – Latteys Industries Limited, a NSE-listed leader in energy-efficient submersible pumps, has announced remarkable financial results for the quarter ending September 2024. The company’s revenue surged from ₹1,575 lakhs to ₹1,873.46 lakhs, marking an 18.90% increase compared to the same period last year. Net profit witnessed an impressive growth of 176.38%, rising from ₹25.37 […]

Last Mile Enterprises Expands Horizons with New Just Corseca Manufacturing Facility in Ahmedabad

Ahmedabad :Last Mile Enterprises Limited, a company with a proud legacy spanning over 30 years, has inaugurated its new, cutting-edge manufacturing facility for Just Corseca, its flagship audio technology brand. Located in Changodar, Ahmedabad, this advanced facility is a testament to the company’s commitment to India’s “Make in India” initiative, fostering innovation, sustainability, and economic […]

Adani Group will create 15 thousand employment opportunities in the energy sector in America

Adani Group Chairman Gautam Adani posted on social media and said, Congratulations to Donald Trump. As the partnership between India and the United States deepens, the Adani Group is committed to leveraging its global expertise and invest $10 billion in US energy security and resilient infrastructure projects, aiming to create up to 15,000 jobs. https://x.com/gautam_adani/status/1856679498311184665

t was a privilege to host the ambassadors from the EU, Belgium, Denmark and Germany at our office: Gautam Adani

Adani Group Chairman Gautam Adani posted on social media and said, It was a privilege to host the ambassadors from the EU, Belgium, Denmark and Germany at our office. I deeply appreciate their visit to the world’s largest renewable energy park in Khavda, Gujarat, and India’s largest port, logistics and industrial hub in Mundra. Our discussions […]
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