Adani Group

Adani Ports fell as much as 1% on Friday, heading for its first daily decline after gaining about 4% over the previous three days.

International

Indian state objects to MSC’s US$1.4 billion deal with Adani Ports

The agreement’s announcement comes without prior consultation, says Kerala chief V D Satheesan

The offering by the flagship company of Asia’s richest person, Gautam Adani, was subscribed 1.5 times on Friday (Jul 3).

Global Enterprise

Adani upsizes share sale to US$1.6 billion on strong investor demand

The company plans to use the proceeds to fund capital expenditure at its businesses

The investment underscores Adani Ports’ strategy of deepening partnerships with global port operators to drive traffic.

Global Enterprise

Adani Ports to sell 49% stake in Indian port to Swiss shipping giant MSC for US$1.4 billion

The deal marks Adani Ports’ third partnership with the shipping company

The Justice Department is also moving to drop fraud charges against Gautam Adani in a parallel criminal case.

Global Enterprise

Gautam, Sagar Adani agree to pay US$18 million total to settle US regulator’s fraud allegations

If finalised, the deal could be a significant boon to the Adani Group

Over the years, billionaire Gautam Adani’s group has steadily deepened its presence in Mumbai’s real estate market through both private deals and state-backed redevelopment projects.

Property

Adani’s North Mumbai project to cost US$11 billion: official

The 143-acre development will entail building homes for thousands of existing residents and businesses

Jeet Adani, director at Adani Airports, said that the company has no plans to enter the airline business, citing thin margins.

Global Enterprise

India’s Adani seeks to operate more airports as part of US$11 billion expansion

The group currently manages seven airports across the country, with plans to aggressively bid for 11 more

The upgrades focus on six airports leased during India’s second privatisation phase in 2020, previously managed by the state-run Airports Authority of India.

Transport & Logistics

Adani Group plans US$15 billion India airports expansion by 2030

The country is also building a second airport in Delhi to meet demand

Google has committed to spending about US$85 billion this year to expand data centre capacity.

Telcos, Media & Tech

India’s Adani seeks up to US$5 billion investment in Google data centre to join AI boom

Indian billionaires Gautam Adani and Mukesh Ambani have also unveiled investments in building data centre capacity

Adani Commodities will also sell its remaining 10.42% stake in AWL to "pre-identified investors".

Companies & Markets

Wilmar to acquire up to 20% of Mumbai-listed joint venture with Adani

This comes after Adani Commodities announced its exit last December

This will be the second time within a year that Adani Enterprises will tap the retail bond market.

Banking & Finance

India’s Adani Enterprises plans public bond sale

[MUMBAI] Indian billionaire Gautam Adani’s flagship company aims to raise 10 billion rupees (S$149.1 million) through the sale of retail bonds, and has filed a draft prospectus for the issue, accordin...

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