ADANI NEWS
Airlines seek govt support to protect Mumbai Airport slots
Airlines at Mumbai airport are urging civil aviation ministry intervention regarding proposed capacity reductions planned for next April. Operator Mumbai International Airport Ltd intends to shift part of its international flight schedule to Navi Mumbai International Airport. While some airlines have consented to the changes, others seek more time to adapt to the new airport's infrastructure.
Adani Energy Solutions gets CCI approval for Rs 3,050-crore IntelliSmart acquisition
The Competition Commission of India (CCI) has approved Adani Energy Solutions' Rs 3,050-crore acquisition of IntelliSmart Infrastructure. The transaction involves acquiring 100% of IntelliSmart's equity from NIIF and EESL, along with the redemption of optionally convertible debentures held by NIIF, expanding AESL's presence in the smart metering business.
Q2 earnings upgrades hold above 50%, says Jefferies. Is the profit cycle turning?
India’s Q2 FY27 earnings show signs of resilience, with Jefferies reporting that 50% of the 105 companies it tracks received FY27 earnings estimate upgrades, while 41% saw downgrades and 9% remained unchanged. The share of companies beating expectations rose to 56% from 52% in the previous quarter, though the recovery remains uneven across sectors.
Suzlon faces Adani, JSW challenge as wind energy market heats up; Q2 margins take a hit
Suzlon Energy faces intensifying competition from Adani, JSW and other players in India's wind energy market, even as its revenue grew 26% year-on-year to Rs 4,869 crore in Q2 FY27. EBITDA remained flat at Rs 720 crore, while the EBITDA margin narrowed to 14.8% from 18.6% a year earlier.
Why is Adani betting $3.4 billion on global energy trade chaos?
Adani Group is reportedly exploring a $3.4 billion acquisition of Dutch energy storage giant VTTI as global oil supply disruptions reshape energy trade. With terminals across 16 countries, VTTI could expand Adani Ports' international footprint, strengthen crude oil storage and logistics capabilities, and unlock opportunities in fuel trading, biofuels, hydrogen infrastructure and global energy supply chains amid geopolitical uncertainty.
Government open to media suggestions on Digital Personal Data Protection Act, promises to uphold press freedom
The Government of India is willing to consider suggestions from news organisations about the Digital Personal Data Protection Act. Ashwini Vaishnaw stated that journalistic freedom is guaranteed by the Constitution and will not be affected. Concerns have been raised about the Act's provisions potentially infringing on press freedom and the Right to Information Act. The Digital News Publishers Association argues for exemptions for journalism activities within the DPDP Act.
- Go To Page 1
Centre open to changes in DPDP law to protect press freedom, says Ashwini Vaishnaw
The Centre aims to amend the Digital Personal Data Protection law to address concerns raised by news publishers. Union Minister Ashwini Vaishnaw stated that the law does not limit press freedom. This response follows a Supreme Court notice regarding a petition from the Digital News Publishers Association and others. Publishers argue the lack of exemption for journalism could jeopardize investigative reporting and confidential sources.
Adani Enterprises Q2 Results: Revenue spikes 75% YoY to Rs 37,216 crore, profit at Rs 1,492 crore
Adani Enterprises Q2 Results 2026: Adani Enterprises has reported a 55% drop in consolidated net profit for the second quarter of FY27, with figures reaching Rs 1,492 crore compared to Rs 3,304 crore from the previous year. Conversely, operational revenue surged by 75%, hitting Rs 37,216 crore. This stark contrast is notable due to the previous year's inflated profits, driven by exceptional gains totaling Rs 3,583 crore, highlighting a dramatic shift in financial performance.
Adani Ports Q2 Results: Net profit jumps 17% YoY to Rs 3,622 crore; revenue up 24%
Adani Ports Q2 Results: Adani Ports reported a 17% year-on-year rise in Q2 FY27 net profit to Rs 3,622 crore, while revenue grew 24% to Rs 11,340 crore. The company raised its FY27 revenue and EBITDA guidance by Rs 1,000 crore each and increased its capex guidance by Rs 3,000 crore, citing strong first-half performance.
Supreme Court issues notice to Centre on media groups' challenge to privacy law
A petition from the Digital News Publishers Association challenges provisions of India's digital privacy law. The law may restrict journalistic activities by requiring consent from individuals under investigation. News publishers argue that this could hinder the freedom of the press and expose confidential sources. Concerns regarding the potential penalties for non-compliance have also been raised by the petitioners.
India’s ₹1 lakh crore club stocks hit hard by FII exit. Have bluechips lost their growth engines?
India's largest corporations are experiencing a notable drop in foreign institutional investor stakes, raising concerns about their growth trajectory. This trend has adversely affected numerous large-cap stocks over recent months. Analysts suggest a shift in focus towards emerging sectors is critical for revitalizing foreign investments, as many companies now appear more like consistent cash flow generators than true growth catalysts.
F1's India comeback is gathering speed, but the road to the starting grid is far from clear
Formula 1’s return to Africa has revived hopes of an Indian Grand Prix comeback, with talks involving Formula One Management, the Adani Group and the government gaining momentum. The bigger challenge is not convincing F1 of India’s market potential but fixing the tax, customs and policy problems that drove the race out in 2013, while finding space on an already crowded calendar.
Adani Power Q2 Results: Profit zooms 134% YoY to Rs 6,919 crore; revenue jumps 45%
Adani Power has reported an impressive consolidated net profit of Rs 6,919 crore for the second quarter of FY27, which marks a striking 134% increase from last year's profit of Rs 2,953 crore during the same period. Additionally, their operational revenue surged to Rs 19,439 crore, representing a 45% growth from Rs 13,457 crore the previous year.
Broader markets crash! Small, midcap indices tumble up to 4%. Why analysts are sounding the alarm
Smallcap and midcap stocks plunged up to 4% on Friday, extending a sharp weekly selloff as analysts warned that valuations remain difficult to justify. The Nifty Smallcap 250 index has fallen around 8% this week, while the Nifty Midcap 100 is down 6%, despite a resilient earnings growth outlook.
Oil Price Today (October 23): Crude oil ticks over $114, jumps nearly 8% this week as energy attacks intensify. What are experts saying?
Brent crude futures rose 50 cents, or 0.45%, to $114.02 a barrel, while US West Texas Intermediate (WTI) crude gained 40 cents, or 0.42%, to $100.
Global Market Today: Asian stocks slide after US tech rout
MSCI Inc.’s regional equities benchmark slipped 0.3%, declining for a second day, leaving the gauge hovering around levels last seen in July. Taiwan’s stock exchange will be shut Friday due to a typhoon. Sentiment stayed weak as contracts for the Nasdaq 100 Index fell 0.3% in early Asian trading.
Stocks in news: Swiggy, Infosys, HPCL, eMudhra, Adani Power, Shriram Finance, Tata Motors and NLC India
Indian equity markets faced continued downward pressure, marked by persistent selling and negative global indicators. The Nifty 50 index saw a decline, with analysts pointing out critical resistance and support points. Numerous companies disclosed their financial results, showcasing a mix of profits and setbacks for the September quarter. As various firms prepare to announce their quarterly earnings, market participants should remain vigilant over the coming days.
School assembly headlines October 23: Latest national, international, sports and business news
School assembly news headlines for October 23, 2026, cover major developments across India, international affairs, sports and business. Key updates include PM Modi’s diplomatic engagements, Sirpur’s UNESCO recognition, India’s medal-winning performances at the Asian Para Games, India’s T20 victory over New Zealand, and developments involving the Jio Platforms and OYO parent company IPOs. These concise headlines help students stay updated on current affairs and strengthen their general knowledge.
Adani Total Gas Q2 Results: Net profit rises 6% YoY to Rs 173 crore, revenue jumps 34%
Adani Total Gas Q2 Results: Adani Total Gas reported a 5.9% year-on-year rise in Q2FY27 net profit to Rs 173.27 crore, while revenue from operations climbed 33.8% to Rs 2,109.65 crore. EBITDA grew 12% YoY, supported by higher CNG and PNG volumes and continued expansion of its city gas distribution network.
Adani Energy Q2 Results: Profit zooms 148% YoY to Rs 1,323 crore; revenue jumps 53%
Adani Energy Q2 Results: Revenue from operations in the reporting period rose 53% YoY to Rs 10,076 crore.
Adani Green Q2 Results: Profit rises 15% YoY to Rs 673 crore; revenue jumps 39%
Adani Green Energy reported a 15% year-on-year rise in consolidated net profit to Rs 673 crore in Q2, while revenue grew 39% to Rs 4,520 crore. Power supply revenue rose 45% to Rs 4,019 crore, and energy sales increased 33% to 12,090 million units, reflecting expanding operational capacity.
AdaniConneX's Vizag data centres to use air cooling, cut freshwater consumption
The facilities will have dedicated industrial water connections rather than draw supplies from municipal lines, a move aimed at preventing competition with households for drinking water.
Tata Elxsi shares jump 7% after Q2 results, but Morgan Stanley, Motilal Oswal reiterate bearish calls
Tata Elxsi Share Price: Tata Elxsi shares rallied up to 7% after the company reported 10% year-on-year profit growth and 15% revenue growth in the September quarter. Morgan Stanley, Motilal Oswal and JM Financial maintained cautious ratings, citing valuations, European automotive weakness and a gradual deal ramp-up.
Oil Price Today (October 14): Crude oil gains to $107 as Houthis attack Saudi Aramco building in new attacks. What are experts saying?
Brent crude futures rose $1.40, or 1.35%, to $107.35 a barrel, while US West Texas Intermediate (WTI) crude futures gained $1.24, or 1.32%, to $95.38. Brent had fallen 0.9% on Tuesday, while WTI rose 0.4%.
Stocks in news: Adani Enterprises, Hyundai Motor India, BHEL, BEL, Groww, Tata Elxsi and RailTel
Indian stocks rallied impressively, as benchmark indices surged by over 1.5%, fueled by a wave of positive investor sentiment. Key players like Adani Enterprises and Hyundai Motor India are capturing attention due to significant recent updates. While Tata Elxsi experienced a minor dip in net profit, revenue and EBIT improvements were encouraging. Furthermore, Bharat Electronics has secured fresh orders totaling Rs 533 crore, enhancing its order backlog.
Adani, Jabil sign MoU for AI & data centre equipment JV
Adani Enterprises and Jabil are forming a joint venture to manufacture artificial intelligence and data centre equipment in India. This venture aims to produce AI racks, servers, storage, and networking equipment for data centres. Furthermore, it will include equipment needed for power supply and cooling systems. The companies anticipate meeting both domestic demand and supporting exports in the market.
Adani's Mumbai airport holds off on winter flight cuts after airline pushback
Adani's Mumbai airport will not change any airline slots during the upcoming winter schedule. This decision comes after airlines expressed concerns regarding proposed international flight cuts. A meeting between Adani Airports and the Airline Operators Committee of Mumbai addressed these ongoing issues. A joint working group is set to create an implementation plan in the next two weeks.
Jefferies sees 35% upside in Adani Green shares, flags demand and execution triggers
Jefferies has maintained its ‘Buy’ rating on Adani Green Energy, setting a target price of Rs 1,695, implying 35% upside from the recent close of Rs 1,255. The brokerage sees the stock’s 22% correction from its peak as an opportunity, citing attractive valuations, rising power demand, improving utilisation at Khavda and expansion in battery storage.
Load More
