ADANI GROUP
Adani Green to commission 14 GWh battery storage at Khavda by fiscal year-end to cut clean energy wastage
Adani Green Energy is building a massive 14 gigawatt-hour battery storage system in Khavda, Gujarat. This project aims to prevent the wastage of clean energy. India has already lost significant clean power due to a lack of storage. The company plans to expand this storage capacity significantly over the next five years.
IIM-Calcutta lets MBA students pursue start-ups without losing placement chance
IIM-Calcutta has launched a new initiative for its MBA students. Those who choose to build startups for a year can return for campus placements the following year. The institute also welcomed its 63rd MBA batch of 480 students. The Adani Group announced continued scholarship support and a donation of bicycles for campus mobility.
China company secures Kenya airport deal after Adani fallout
The East African nation awarded China Communications Construction Co. an engineering, procurement and construction contract to update and expand the Jomo Kenyatta International Airport, the people said asking not to be identified as they are not authorised to discuss the matter.
Cement demand growth likely to moderate to around 5% in FY27: Ambuja Cements
Ambuja Cements anticipates a 5 percent growth in India's cement demand for fiscal year 2026-27. This follows a stronger growth in the previous fiscal. The company is expanding its production capacity through strategic acquisitions and organic growth. Ambuja Cements is also consolidating its cement businesses under a unified structure.
China firm secures Kenya Airport revamp deal after Adani fallout
Kenya has awarded a $2.9 billion airport upgrade contract to China Communications Construction Co., two years after canceling a deal with India's Adani Group. The project aims to modernize Jomo Kenyatta International Airport, partly funded by a new National Infrastructure Fund and commercial loans. This move strengthens China's infrastructure presence in Kenya amidst regional competition.
Dividend rush! Buy these 5 Adani stocks, 4 Tata Group stocks today to lap up payout rewards
More than 30 companies, including five Adani Group firms and four Tata Group companies, have fixed June 12 as the record date for dividend payouts totaling nearly ₹300 per share. Investors looking to qualify for these dividends must buy the shares by June 11.
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Adani Energy to buy IntelliSmart for ₹3,050 crore
Adani Energy Solutions (AESL) is set to acquire smart metering company IntelliSmart Infrastructure for ₹3,050 crore, bolstering its position as India's largest smart metering platform with over 47 million meters. This strategic move aligns with India's ambitious plan to replace 250 million conventional electricity meters with smart meters to modernize the power distribution ecosystem and reduce losses.
Adani Energy Solutions to acquire IntelliSmart for Rs 3,050 crore, to become India's largest smart metering platform
Adani Energy Solutions Limited is acquiring IntelliSmart Infrastructure Private Limited for Rs 3,050 crore. This deal will create India's largest smart metering platform with over 4.7 crore meters. IntelliSmart currently has a portfolio of over 2.2 crore smart meters. Adani Energy Solutions already has an order book of over 2.46 crore meters.
Adani Ports bags 10-year contract for Argentina’s first LNG export project
Adani Ports has secured a significant 10-year contract for Argentina's first liquefied natural gas export project. This deal, worth an estimated $70 million, marks Adani's entry into South America. Commercial operations are set to begin in September 2027. The project is poised to boost Argentina's role as a future LNG supplier, with exports planned for countries like India.
Dharavi project to follow Singapore and Hong Kong housing development model: Devendra Fadnavis
Mumbai's Dharavi Redevelopment Project will mirror Singapore and Hong Kong's modern housing. The first phase aims for completion by March 2028. This initiative prioritises resident livelihoods and Dharavi's unique identity. The project will bring holistic development, preserving its industrial and social ecosystem. Modern infrastructure, employment generation, and women's empowerment are key focuses.
Adani Energy Solutions vs Power Grid Corp: Which stock is Jefferies betting on?
Jefferies remains bullish on both Adani Energy Solutions and Power Grid Corp but sees significantly stronger growth in AESL, driven by transmission expansion and smart metering. The brokerage expects AESL’s earnings growth to outpace Power Grid and believes improving valuations and execution momentum could support a potential re-rating.
Two Adani Group stocks in focus as GQG sells stake in Rs 5,750 crore deal; SBI MF lone buyer
Adani Enterprises and Adani Energy Solutions will be in focus after GQG Partners sold stakes worth about Rs 5,750 crore via block deals, with SBI Mutual Fund buying the shares. The move is seen as portfolio rebalancing following a strong recovery in Adani Group stocks over the past year.
Stocks in news: Adani Enterprises, Adani Energy, Hindustan Zinc, Maruti Suzuki, IDFC First Bank
Volatile trade likely as weak global cues keep sentiment cautious; analysts favour a sell-on-rise strategy until Nifty reclaims 23,700. Stocks in focus today include Adani Enterprises, Adani Energy, Hindustan Zinc, Maruti Suzuki, and IDFC First Bank amid company-specific developments.
Dharavi redevelopment poses one of India's biggest real estate execution tests: HSBC
The Dharavi Redevelopment Project, one of the world's largest urban regeneration initiatives, presents a "massive execution challenge"Group as it seeks to rehabilitate more than one million residents and construct over 125,000 housing units over the next seven to eight years, according to an HSBC Global Investment Research report.
Infosys, Adani Enterprises, Trent among 44 stocks going ex-date this week. Do you own any?
Investors should watch out as 44 stocks including Infosys and Adani Group companies turn ex-date this week. Corporate actions like dividends, bonus issues, and stock splits are scheduled. Shareholders must hold shares by the record date to be eligible. This corporate activity presents opportunities for investors to track.
Gautam Adani becomes Asia's richest person again; overtakes Mukesh Ambani, Softbank's Masayoshi Son
Gautam Adani has regained the title of Asia’s richest person after a rally in Adani Group stocks lifted his net worth to $89.2 billion. The surge helped him overtake Mukesh Ambani and SoftBank’s Masayoshi Son, with key Adani stocks gaining strongly and extending their sharp 2026 rally.
Rs 5,750 crore Adani block deal: SBI Mutual Fund picks stake from GQG
GQG Partners sold stakes in Adani Enterprises and Adani Energy Solutions worth about Rs 5,750 crore through block deals, with SBI Mutual Fund acquiring the shares. The transactions are seen as portfolio rebalancing after a strong recovery in Adani Group stocks over the past year.
Adani Power shares gain 3%, snap two-day losing streak. Why are Jefferies, Bernstein bullish on the stock?
Adani Power shares are climbing on strong prospects for India's power demand and the booming data centre sector. Analysts see the Adani Group well-positioned to capitalize on this growth. India's data centre industry is expected to expand rapidly. Rising electricity demand, driven by heatwaves and digital infrastructure needs, supports this outlook. Further upside is anticipated for Adani Power.
West Bengal eyes new deep-seaport in Dadanpatra; Kolkata to enter water metro grid
West Bengal will establish a new deep seaport in East Midnapore district. The state government will provide 1700 acres for this project. Kolkata will also be integrated into India's Water Metro network. This makes it the 18th city to join the urban water transport initiative.
Dharavi to become a smart city: HSBC says Asia's largest slum could soon have metro stations, green spaces & 125,000 new homes
Dharavi's massive redevelopment project, a joint venture between the Maharashtra government and Adani Group, aims to transform the Mumbai slum into a smart city. The initiative involves rehabilitating over 125,000 homes and creating a multi-modal transport hub, public spaces, and significant infrastructure improvements.
Kolkata to join water metro network; Bengal eyes separate shipping department: CM Suvendu Adhikari
West Bengal is planning a dedicated shipping wing and exploring minor port development. A deep-sea port project will proceed at Dadanpatrabar. Kolkata will join the Water Metro network. The state will also participate in Sagarmala 2, constructing new jetties. Efforts are underway to enhance the Gangasagar Mela and establish a museum at Syama Prasad Mookerjee Port.
India's data centre capacity could hit upper end of 5-8 GW target by 2030; Adani, Reliance best placed, says Bernstein
India’s data centre capacity could expand to the upper end of the projected 5-8 GW range by 2030 from about 1.5 GW currently, according to Bernstein. The brokerage sees Adani Group and Reliance Industries as best positioned to benefit, citing their access to land, power infrastructure and transmission networks.
West Bengal CM Suvendu Adhikari meets Karan Adani on infrastructure plans
West Bengal Chief Minister Suvendu Adhikari met with Adani Ports MD Karan Adani. Discussions focused on power, logistics, and infrastructure investments. The Chief Minister assured full support for Adani Group's projects in Bengal. The Adani Group had previously pledged Rs 10,000 crore in investments. This meeting follows earlier discussions about the Tajpur port project.
Two weeks into power in Kerala, Congress takes jibe at Adani, state’s largest investor
The Kerala Congress has questioned the Adani Group's business expansion. They suggest the government ask the Adani Group to declare its future investment sectors. This would help other investors avoid competition. The party also criticized the Enforcement Directorate's actions against Vedanta. These comments highlight the Congress's unease with the Adani Group's significant investments in Kerala.
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titans
Foreign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national champions, a move that may deter foreign investors seeking predictability and fair play. While some Indian firms show global competitiveness, others risk inefficiency. The nation navigates a complex path, seeking foreign capital and domestic growth simultaneously.
Ambuja Cements to slow capacity additions until utilisation improves
Ambuja Cements plans to add new capacity after reaching optimal utilization. The company aims to reach 119 million tonnes capacity by fiscal year-end. Recent acquisitions and organic expansion are part of this strategy. Despite cost pressures from global events, the company achieved record revenue and profit in FY26. Structural changes are also underway to improve efficiency.
Adani Group cos post record $16 bn capex, all-time high EBITDA of Rs 94,834 cr in FY26
Adani Group companies achieved a record capital expenditure of Rs 1.53 lakh crore and an all-time high EBITDA of Rs 94,834 crore in FY26, fueling infrastructure expansion. Nearly 80% of investments targeted energy, utilities, transport, and logistics, with leverage maintained below the 3.5x target at 3.3x.
DK Shivakumar's first big test as Karnataka CM: Giving nod to Adani Enterprises Ltd road project
Karnataka Chief Minister DK Shivakumar faces a significant political challenge. His approval of Adani Enterprises' bid for a major tunnel road project in Bengaluru is under scrutiny. This comes amid Congress leader Rahul Gandhi's strong opposition to the Adani group. The project, a pet initiative of Shivakumar, is crucial for Bengaluru's infrastructure development.
Adani Group now focused on building assets at scale: Gautam Adani
Adani Group chairman Gautam Adani announced the company's focus has shifted from funding to project execution. Significant investments are planned across airports, energy, data centres, and logistics. The group anticipates strong demand driven by infrastructure needs and artificial intelligence. Legal matters are now behind them, allowing for a concentrated push on growth and asset building.
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