In Q2 FY25, the Adani Group company clocked Rs 326 crore in standalone profit (PAT), up from Rs 324 crore in Q1 FY25. In the quarter, the company saw an 18 per cent surge in revenue at Rs 14,460 crore (year-on-year).
Category: Ahmedabad
Adani Group’s ACC Ltd clocks highest quarterly revenue at Rs 4,614 crore in Q2
Cement and building materials leader ACC Ltd, part of the diversified Adani Group, on Thursday reported the highest quarterly revenue at Rs 4,614 crore, up 4 per cent (year-on-year).
Adani Energy Solutions reports 172 pc jump in net profit in Q2 FY25
Adani Energy Solutions Limited (AESL) on Tuesday reported an impressive 172 per cent surge in net profit at Rs 773 crore in the July-September quarter (Q2) this fiscal.
Adani Enterprises raises $500 million via QIP to push growth plans
Adani Enterprises Limited (AEL) on Thursday said it has successfully raised $500 million (about Rs 4,200 crore) primary equity via qualified institutional placement (QIP) to further its growth plans.
Adani Group, Google join hands to drive clean energy adoption in India
The Adani Group and Google on Thursday announced a collaboration that will advance the companies’ collective sustainability goals and add more clean energy to the national grid.
Navjivan Press: How Mahatma Gandhi made a printing press an organ of freedom movement
Located in the heart of Ahmedabad, this press served as a printing house and a vital organ of India's independence movement, where Mahatma Gandhi's ideas of non-violence, self-reliance, and moral integrity were translated into the printed word.
3 Adani Group firms join World Economic Forum's 'Industrial Clusters' initiative
The Adani Mundra Cluster will become one of the world’s largest integrated green hydrogen hubs, with a planned capacity of 1 million metric tonnes per annum (MMTPA) of green hydrogen production by 2030, expanding up to 3 MMTPA by 2040.
Gautam Adani, Bombardier CEO discuss ‘transformative partnerships' in aviation sector
Gautam Adani, Chairman of the Adani Group, has held a high-level meeting with Eric Martel, CEO of Bombardier, and deliberated on “transformative partnerships” in the aviation sector.
Latest Hindenburg allegations ‘malicious’ and no more than red herrings: Adani Group
In a stock exchange filing, the Group completely rejected these allegations “which are a recycling of discredited claims that have been thoroughly investigated, proven to be baseless and already dismissed by the Honourable Supreme Court in January 2024”.
Adani Energy Solutions raises Rs 8,373 crore via QIP, largest in India's power sector
Adani Energy Solutions Ltd (AESL) on Monday announced it has successfully raised Rs 8,373 crore ($1 billion) via the qualified institutional placement (QIP) route, the largest in the country's power sector.
Adani Ports features on honour list of companies in Asia Pacific, only Indian firm in transport sector
Adani Ports and Special Economic Zone Limited (APSEZ) on Monday said it has made it to the honour list of the Institutional Investor Asia Pacific (ex-Japan) Executive Team Survey and in the transportation sector, the Adani Group company is the only Indian firm to feature on the list, at the second rank.
4 Adani ports make it to World Bank's global 'Container Port Performance Index'
Adani Ports and Special Economic Zone Limited (APSEZ) on Wednesday said four of its ports have been featured in the prestigious 'Container Port Performance (CPP) Index 2023', developed by the World Bank and S&P Global Market Intelligence.
Adani Ports strengthens ESG leadership, gains global recognition for climate initiatives
The Adani Group company received the highest rating of "A" for its initiatives in emission reduction, climate governance, supplier engagement, Scope 3 emissions and risk management processes.
Pak connection detected in Ahmedabad school bomb threat case
The officials said that this incident has links in Pakistan and a Russian server was used to create a sense of panic and fear in the city. The threat mail was sent from a Russian domain (.ru). More information is awaited.
Indian Coast Guard apprehends Pakistani boat with huge consignment of narcotics
In a major success, the Indian Coast Guard, following an overnight aerial-maritime joint operation with the Gujarat Anti-Terrorism Squad (ATS) and the Narcotics Control Bureau (NCB), on Sunday apprehended a Pakistan boat in the Arabian Sea, west of Gujarat's Porbandar, and seized a large haul of narcotics.
Adani Green's solar power plant to produce 540 mn units annually operationalised in Rajasthan
Adani Green Energy Limited (AGEL) on Wednesday said it has commissioned a 180 MW solar power plant at Devikot in Jaisalmer, Rajasthan.
Semiconductor initiative opens a door filled with boundless potential for India’s youth: PM Modi
Semiconductor is not just an industry but it opens a door filled with boundless potential for the youth who are capable and need an opportunity, Prime Minister Narendra Modi said on Wednesday.
PM Modi lays foundation stone of 3 chip projects in big leap to become a global hub
In a huge boost to India’s dream of becoming a global semiconductor hub, Prime Minister Narendra Modi on Wednesday virtually laid the foundation stone of three semiconductor projects worth Rs 1.25 lakh crore, which took just 15 days to kick-off after the Union Cabinet’s approval.
Over Rs 1 lakh crore worth of projects launched by PM Modi in Ahmedabad
Prime Minister Narendra Modi on Tuesday launched development projects worth over Rs. 1 lakh crore, including major advancements in the railway and petrochemical sectors, from the Dedicated Freight Corridor Operations Control Center in Ahmedabad.
PM Modi launches 10 new Vande Bharat trains
Prime Minister Narendra Modi on Tuesday inaugurated ten new Vande Bharat Express trains and announced the extension of four existing routes to enhance connectivity across various states.
Adani Portfolio posts record 63.6 per cent profit growth, sets stage for unrivalled green investments
The Adani Portfolio of companies on Thursday reported a record quarterly profit growth of 63.6 per cent (year-on-year), as trailing 12-month EBITDA (as of December 2023) stood at Rs 78,823 crore ($9.5 billion), which is 2.5 times the EBITDA in FY21 and 37.8 per cent higher than FY23 EBITDA.
Veteran Gujarat Congress leader Naran Rathwa and son join BJP
On Tuesday, the Rathwas visited the BJP's state headquarters, Shri Kamalam, where they engaged in discussions with Gordhan Zadafia, the Central Gujarat incharge, before switching to the ruling party.
10 Cong MLAs suspended in Guj Assembly amid protests over fake govt offices
Ten Congress party members, including the legislative party leader, Amit Chavda and prominent MLA Jignesh Mevani, were suspended from the Gujarat Assembly on Tuesday amid protests over fake government offices detected in Bodeli under the Tribal Development Department.
Gujarat Police file FIR against SFJ chief Pannun for threatening to disrupt ICC World Cup
The Cyber Crime Branch of the Gujarat Police has registered a case against Khalistani terrorist and Sikhs For Justice (SFJ) chief Gurpatwant Singh Pannun after he issued a threat to the ICC World Cup, especially for the tournament opener to be held at the Narendra Modi stadium here on October 5.
Guj football betting scam: Chinese national yanks off Rs 1,400 cr in 9 days
A Chinese national collaborated with local partners to engineer a football betting app that ensnared approximately 1,200 people from northern Gujarat, inflicting a staggering loss of Rs 1,400 crore upon the victims within a mere nine-day span, said police.