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Adani Group (Hindi: [əd̪aːniː], Gujarati: [əd̪aɳiː]) is an Indian multinational conglomerate, headquartered in Ahmedabad.Founded by Gautam Adani in 1988 as a commodity trading business, the Group's businesses include sea and airport management, electricity generation and transmission, mining, natural gas, food, weapons, and infrastructure. [12]
Adani Cement or Adani Cement Industries Limited (ACIL) is a cement company based in Gujarat, India. It was incorporated by Adani Group on June 11, 2021. [25] Adani Cement is wholly-owned subsidiary of Adani Enterprises and has not begun its business operations.
Adani shares have been on a wild ride since January 2023, when the U.S. short-selling firm Hindenburg Research accused the Adani Group of engaging in brazen stock manipulation and accounting fraud.
In 2023, it published a report accusing the Adani group of decades of "brazen' stock manipulation and accounting fraud". Mr Adani and his company denied the allegations, calling them "malicious ...
He founded Adani Group in 1988 as a commodities trading firm, and built a business empire that has included airports, shipping ports, power generation, energy transmission and mining companies.
Indictment against Gautam Adani et al. is a 2024 federal indictment in the United States District Court for the Eastern District of New York. [1] Indian billionaire Gautam Adani and seven top business executives of Adani Group and its affiliates have been charged for their alleged involvement in a scheme to pay hundreds of millions of dollars in bribes to Indian government officials and to ...
BENGALURU (Reuters) -Indian conglomerate Adani Group is a finalist, alongside two government-linked groups, to take over private production of India’s Small Satellite Launch Vehicle, three ...
Gautam Shantilal Adani (Gujarati: [ɡəʊt̪əm ʃãn̪t̪ilal əd̪aɳiː]) (born 24 June 1962) is an Indian billionaire businessman who is the founder and chairman of the Adani Group, a multinational conglomerate involved in port development and operations in India.