Business

Adani Enterprises Rights Issue Oversubscribed at 108%

By BPN News Desk December 11, 2025

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 Group Plans $15 Billion Airport Expansion by 2030

By BPN News Desk December 3, 2025

The Adani Group has announced a major expansion plan worth around USD 15 billion to upgrade and expand its airport network across India by 2030. The company aims to increase total passenger-handling capacity across its airports to nearly 200 million annually in the next five years. What the Expansion Includes The investment will go toward […]

Business

Adani’s $1.2 B Copper Smelter Faces Challenges Amid Ore Shortage

By BPN News Desk November 25, 2025

Adani Enterprises Ltd’s $1.2 billion smelter in Gujarat, India, is struggling to ramp up full operations due to a shortage of copper concentrates caused by tight global supplies. The facility, formally known as Kutch Copper Ltd, has a stated annual capacity of 500,000 metric tons and aims to double that by 2028-29, but feedstock constraints […]

Business

Adani Enterprises Reaches Creditor Approval for Jaiprakash Takeover

By BPN News Desk November 19, 2025

Adani Enterprises (AEL) has secured approval from the committee of creditors (CoC) for its ₹13,500 crore ($1.53 billion) takeover proposal of Jaiprakash Associates (JAL) through the ongoing insolvency resolution process. Creditors favoured Adani’s bid over higher offers—such as from Vedanta Ltd—because it includes larger upfront payments and a shorter payment horizon of

Business Finance

Allegations Raised Over LIC Funds, Rejected By Insurer

By BPN News Desk October 25, 2025

Life Insurance Corporation of India (LIC) has firmly denied allegations that it misused the savings of its policyholders to benefit the Adani Group. The claims were made by senior Congress leader Jairam Ramesh, who alleged that “the savings of LIC’s 30 crore policyholders were systematically misused to benefit Adani Group companies.” LIC’s Response LIC dismissed […]

Business

Adani, Google to Build India’s Largest AI Hub

By BPN News Desk October 14, 2025

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

Gautam Adani Near Asia’s Richest, Gains $13B

By BPN News Desk September 24, 2025

Gautam Adani, chairman of the Adani Group, has added nearly $13 billion to his fortune in recent weeks, driven by a rally in group company shares. This sharp increase has strengthened his position as one of the wealthiest individuals in Asia and globally. Race With Ambani Despite the gains, Adani still trails Reliance Industries chairman […]

Business

SEBI Clears Adani Group of Hindenburg Allegations

By BPN News Desk September 18, 2025

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

Business

Adani Ports Q1 Revenue Rises 21% to ₹9,126 Crore

By BPN News Desk August 5, 2025

Adani Ports and Special Economic Zone Ltd (APSEZ) reported a 21% year-on-year increase in consolidated revenue for the first quarter of fiscal year 2026, reaching ₹9,126 crore. The growth was driven primarily by strong performance in the logistics segment, which doubled in revenue, and marine services, which saw nearly a threefold increase. Profit and EBITDA […]

Business Industry

Adani Announces Two 1,000‑Bed AI Hospitals

By BPN News Desk July 11, 2025

The Adani Group has announced plans to enter the healthcare sector by building two advanced, 1,000‑bed hospitals in Mumbai and Ahmedabad. Chairman Gautam Adani revealed this initiative at a medical conference, aiming to combine cutting-edge technology with affordable care under the theme “Adani Healthcare Temples”. ₹60,000 crore Commitment Adani confirmed that the Adani