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Adani Group and Google Partner to Boost Clean Energy Supply in India

Ut World October 3, 2024 0

In a significant move towards sustainability, the Adani Group and Google have announced a strategic partnership to enhance the supply of clean energy across India. A major part of this collaboration involves the development of a solar-wind hybrid energy project at Khavda, Gujarat, within the Continue Reading

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Adani Group Overcomes Adversity: Gautam Adani Condemns Hindenburg Incident as Attempt to Defame

Ut World June 24, 2024 0

In a resolute address at Adani Enterprises’ 32nd Annual General Meeting (AGM), Gautam Adani fiercely denounced the Hindenburg incident as a calculated smear campaign aimed at undermining Adani Enterprises. Speaking on Monday, Adani emphasized that the controversial report, authored by a US-based short seller, was designed to tarnish the conglomerate’s Continue Reading

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BHEL Secures ₹3,500 Crore Order from Adani Power for Raipur Thermal Power Project

Ut World June 6, 2024 0

State-owned Bharat Heavy Electricals Limited (BHEL) has secured a significant order valued at over ₹3,500 crore from Adani Power Limited to establish a thermal power project in Raipur, Chhattisgarh. This order, announced on Wednesday, underscores BHEL’s pivotal role in India’s power infrastructure development. The contract, signed on June 5, encompasses the Continue Reading

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Adani Green Energy Marks a Milestone with Over 10,000 MW of Renewable Energy Capacity

Ut World April 3, 2024 0

Adani Green Energy Ltd (AGEL) announced on Wednesday the commissioning of a significant 2,000 MW solar capacity at the vast Khavda solar park in Gujarat, propelling the company to become the first in India to surpass the 10,000 MW mark in renewable energy capacity. This major achievement brings AGEL’s operational portfolio to a total of […]Continue Reading

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U.S. Expands Probe into Adani Group, Examines Allegations of Bribery

Ut World March 16, 2024 0

The United States has intensified its scrutiny over India’s Adani Group, putting the spotlight on the conglomerate’s founder, Gautam Adani, amidst allegations of bribery. According to Bloomberg News, U.S. prosecutors are investigating whether any Adani entity or affiliates, including Gautam Adani himself, were involved in offering bribes to secure favorable Continue Reading

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Congress Stalwart P Chidambaram Dodges Queries on Adani Group’s Investment in Congress-Ruled Telangana

Ut World January 18, 2024 0

In a press conference addressing the Congress party’s Lok Sabha polls manifesto, senior leader P Chidambaram faced discomfort when questioned about the Adani Group’s proposed investment in Congress-ruled Telangana. Swiftly deflecting the query, Chidambaram handed the microphone to party colleague Supriya Shrinate, who, in turn, declined to comment on the Continue Reading

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Gautam Adani Regains Asia’s Wealth Throne Amidst Legal Reprieve

Ut World January 5, 2024 0

In a staggering financial rebound, Gautam Adani has reclaimed his position as Asia’s wealthiest individual, surging past Mukesh Ambani just days after a pivotal Supreme Court decision. Adani’s net worth skyrocketed by $7.7 billion within a single day, reaching an impressive $97.6 billion, according to Bloomberg Billionaires Index. This resurgence marks a Continue Reading

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Adani and Sirius International Holding Forge Joint Venture for Digital Transformation in India

Ut World December 28, 2023 0

Adani Enterprises Limited, in collaboration with Sirius International Holding Limited, has inked a landmark agreement to establish Sirius Digitech International Limited, known as Sirius JV, headquartered in Abu Dhabi. This joint venture, with Adani holding a 49% stake and Sirius owning the remaining 51%, aims to seize the immense potential presented by the digitalization Continue Reading

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Adani’s Ambuja Cements Commits $723 Million to Ramp Up Renewable Power Projects

Ut World December 18, 2023 0

In a significant stride toward their net zero goals, Ambuja Cements Ltd., under the leadership of billionaire Gautam Adani, has announced a substantial investment of 60 billion rupees ($723 million) into renewable power projects. This Mumbai-based cement giant, now under the Adani Group’s ownership after its acquisition from Holcim Ltd. last year, unveiled plans to Continue Reading

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“Hindenburg May Be Best Thing That Happened To Adani”: Swaminathan Aiyar

Ut World February 23, 2023 0

According to economist Swaminathan S. Anklesaria Aiyar, the Hindenburg report might be the “greatest thing” that has ever happened to billionaire Gautam Adani since it might instill financial discipline within the conglomerate. Following allegations of unlawful use of tax havens and stock manipulation by the “apples-to-airports” conglomerate made in Continue Reading