Tag: Adani Group

No Govt Direction to LIC on Adani Investments, Says FM Sitharaman

Business
Finance Minister clarifies LIC's Adani Group investments were independent decisions based on due diligence and regulatory compliance, not government directives.

Sitharaman: Finance Ministry Does Not Advise LIC on Adani Investments

Business
Finance Minister clarifies LIC's Adani investments follow standard procedures, denies ministry direction. Get details on the scale and context of the holdings.

Adani Plans $5 Billion Investment in Google’s India AI Data Centre

Business
Adani Group may invest up to $5 billion in Google's Andhra Pradesh AI data centre project, joining India's booming data infrastructure expansion.

India Data Centre Revenue to Hit Rs 20,000 Crore by FY28: Crisil

Business
India's data centre industry set for 20-22% annual growth with major investments from TCS, Reliance and Adani Group driving capacity expansion.

Bangladesh Court Halts Adani Arbitration in Cross-Border Power Dispute

Business
Bangladesh High Court stops Adani's Singapore arbitration over 2017 power deal, ordering domestic review first. Critical for 10% of Bangladesh's electricity supply.

RCB Franchise Put on Sale by Diageo, New Owners Expected by 2026

Sports
Royal Challengers Bengaluru officially up for sale with Adani, JSW among interested buyers. Complete ownership transfer expected by March 2026.

Adani Ports Q2 Profit Jumps 29% While Enterprises Faces Commodity Slump

Business
Adani Ports reports strong growth with 30% revenue increase, while Adani Enterprises approves ₹25,000 crore rights issue amid business challenges.

Fitch Revises Adani Entities Outlook to Stable, Affirms BBB- Ratings

Business
Fitch upgrades outlook to stable for APSEZ, AESL and AEML, citing improved governance and financial resilience across Adani Group infrastructure businesses.

LIC Denies Washington Post Report on Adani Investment Influence

Business
LIC refutes allegations of external influence on Adani investments, stating documents cited in Washington Post report were never issued or received.

LIC Denies Washington Post Report on $3.9 Billion Adani Investment

Business
LIC refutes allegations of government-directed $3.9 billion Adani investment, maintaining all decisions are independent and board-approved.

LIC Denies Washington Post Report on Adani Investments as False

Business
LIC rejects Washington Post allegations of external influence on investment decisions, confirms all Adani investments followed due diligence and board approval processes.

US SEC Lawsuit Against Gautam Adani Paused Due to Government Shutdown

Business
SEC civil case against Adani temporarily halted while criminal bribery investigation continues. Eight individuals face $250 million fraud charges.