Adani Enterprises Ltd.
Coverage of Adani Enterprises Ltd. in the Nexus archive.
- Adani Flagship Swings to a Loss on One-Off Cost on US Settlement
Adani Enterprises Ltd. reported a loss in the June quarter due to a one-time charge from a US sanctions probe settlement, despite strong operational performance. The settlement cost overshadowed the company's operational strength.
- Adani Enterprises: no plan to enter airline business
Adani Enterprises has stated it has no plans to enter the airline business. The company's decision is based on current strategic priorities.
- Adani denies plans to enter airline business, calls reports ‘baseless and factually incorrect’
Adani Enterprises denied reports of plans to enter the airline business, stating such claims are 'baseless and factually incorrect.' The company confirmed it is not evaluating any proposal to enter the airline industry.
- Adani Flagship Draws Mutual Fund Interest as Governance Risks Recede
Adani Enterprises attracted significant investment from local mutual funds, with shares purchased worth 46.60 billion rupees last month. The article notes that governance risks associated with the company are receding, drawing investor interest.
- Odisha signs memorandum of cooperation for Japan-backed projects worth ₹67,000 crore
Adani Enterprises and UAE’s International Holding Company (IHC) Group signed an MoU with Odisha to invest ₹1.08 lakh crore in the aluminium sector, marking the largest foreign direct investment (FDI) for the state.
- Adani Enterprises, UAE’s IHC to invest ₹1.08 lakh crore in Odisha aluminium project
Adani Enterprises and UAE’s IHC will jointly invest ₹1.08 lakh crore in an aluminium project in Odisha. The project will be developed in two phases, with ₹66,000 crore allocated for Phase I and ₹44,000 crore for Phase II.
- Adani Enterprises Reaches $275 Million Settlement With Treasury
Adani Enterprises Ltd. reaches a $275 million settlement with Treasury and plans to raise $2.8 billion through a rights issue to invest in capital intensive businesses like airports. The company is headquartered in Ahmedabad, India. Adani Group aims to expand its ventures.