Business
Adani Enterprises is looking to significantly expand its airport operations in India as part of an investment plan estimated at around $11 billion. The group plans to bid for additional airports being offered for private operation by the government, strengthening its position as the country’s largest airport operator by number of facilities. Bidding for More […]
Business
Adani Enterprises Ltd (AEL) has completed its ₹25,000-crore rights issue with an overall subscription level of 108 percent, reflecting strong investor confidence. The company received bids for 14.95 crore shares against 13.85 crore shares on offer. Public Portion Oversubscribed The public portion of the issue saw significant interest and was oversubscribed by around 30
Business
Adani Enterprises, through its joint venture AdaniConneX, has partnered with Google and Airtel to establish India’s largest AI data centre campus in Visakhapatnam, Andhra Pradesh. Scale and Scope Google will invest $15 billion over five years (2026–2030) to create a 1-gigawatt data centre campus. The facility will be designed to handle massive AI workloads and […]
Business
The Securities and Exchange Board of India (SEBI) has dismissed allegations made by Hindenburg Research against the Adani Group. The regulator found no evidence that transactions routed through Adicorp Enterprises, Milestone Tradelinks, or Rehvar Infrastructure violated disclosure norms or related-party rules. Scope of Orders The clearance covers Adani entities such as