Adani Group 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.[13] More than 60% of its revenue is derived from coal-related businesses.[14]
At its peak, Adani was the largest Indian conglomerate, surpassing Tata Group.[15] It lost more than $104 billion in value after fraud and market manipulation allegations by short-seller firm Hindenburg Research.[16][17] The Adani Group has also attracted other controversies due to reports of stock manipulation, accounting irregularities, political corruption, cronyism, tax evasion, environmental damage, and suing journalists.[18][19][20][21][22]
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^ abTyagi, Prince. "4 out of 10 Adani group companies net profit down in FY 23". Business Insider. Archived from the original on 12 February 2023. Retrieved 8 July 2023.
^""Adani Group 32 Billion USD Revenue in 2022"". Forbes. Retrieved 8 July 2023.
^"Financials | Adani Enterprises Limited". Adani Enterprises. Archived from the original on 13 April 2023. Retrieved 13 April 2023.
^"Financials | Adani Ports and Logistics". Adani Ports & SEZ. Archived from the original on 13 April 2023. Retrieved 13 April 2023.
^"Financials | Adani Power". Adani Power. Archived from the original on 13 April 2023. Retrieved 13 April 2023.
^"Financials | Adani Transmission". Adani Transmission. Archived from the original on 13 April 2023. Retrieved 13 April 2023.
^"Financials | Adani Total Gas". www.adanigas.com. Archived from the original on 13 April 2023. Retrieved 13 April 2023.
^"Financials | Adani Wilmar". www.adaniwilmar.com. Archived from the original on 13 April 2023. Retrieved 13 April 2023.
^"Financials | Ambuja Cement". Ambuja Cements. Archived from the original on 13 April 2023. Retrieved 13 April 2023.
^"Financials | ACC Limited". ACC (company). Archived from the original on 13 April 2023. Retrieved 13 April 2023.
^"Financials | NDTV". NDTV. Archived from the original on 13 April 2023. Retrieved 13 April 2023.
^"After ADAG, Adani enters defence sector, signs up with Israeli firm". 30 March 2016. Archived from the original on 2 February 2021. Retrieved 25 June 2018.
^Cite error: The named reference godda was invoked but never defined (see the help page).
^"Adani beats Tatas to be most valued group". Times of India. 17 September 2022. Archived from the original on 17 September 2022. Retrieved 17 September 2022.
^Cite error: The named reference report was invoked but never defined (see the help page).
^"Gautam Adani: the Indian billionaire vs the short seller". 10 July 2023. Retrieved 11 July 2023.
^Findlay, Stephanie; Lockett, Hudson (13 November 2020). "'Modi's Rockefeller': Gautam Adani and the concentration of power in India". Financial Times. Archived from the original on 24 January 2023. Retrieved 24 January 2023.
^Madhok, Diksha (13 November 2020). "Gautam Adani was a college dropout. Now he may be too big to fail". CNN. Archived from the original on 24 January 2023. Retrieved 24 January 2023.
^"Adani sees controversies as challenges. And there are plenty of them". Vibes of India. 25 November 2021. Archived from the original on 24 January 2023. Retrieved 24 January 2023.
^Cite error: The named reference Exclusive: Was Adani’s associate in China involved in violating UN Security Council sanctions against North Korea? was invoked but never defined (see the help page).
^Roy, Saumya. "Q&A: 'Chilling': Journalist sued by Adani, cited by Hindenburg". www.aljazeera.com. Retrieved 24 April 2023.
AdaniGroup is an Indian multinational conglomerate, headquartered in Ahmedabad. Founded by Gautam Adani in 1988 as a commodity trading business, the Group's...
Gautam Shantilal Adani (born 24 June 1962) is an Indian billionaire business magnate who is the founder and chairman of the AdaniGroup, a multinational...
Vinod Shantilal Adani is a Dubai-based Indian-origin billionaire businessman. In late 2022, as per Hurun India Rich List, he was described as the richest...
Adani Enterprises Limited (AEL) is an Indian multinational publicly-listed holding company and a part of AdaniGroup. It is headquartered in Ahmedabad...
headquartered in Ahmedabad, India. It is majority-owned by Indian conglomerate AdaniGroup and minority-owned by TotalEnergies. The company operates Kamuthi Solar...
Adani Power is an Indian multinational power and energy company, subsidiary of AdaniGroup and based in Khodiyar in Ahmedabad, India. It is a private thermal...
director of AdaniGroup's Oil and Gas and City Gas Distribution vertical, Adani Welspun Joint Venture. In August 2009, Adani became a director of Adani Gas Limited...
Adani Wilmar Limited (AWL) is an Indian multinational food and beverage conglomerate based in Ahmedabad. The company was founded in 1999 as a joint venture...
University. Priti Adani is married to Indian billionaire Gautam Adani, the chairman of the AdaniGroup. They have two sons, Karan Adani and Jeet Adani. Official...
malfeasance. Companies that have been the subjects of their reports include AdaniGroup, Nikola, Clover Health, Block, Inc., Kandi, and Lordstown Motors. These...
Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission company headquartered in Ahmedabad. Currently...
Look up adanı, adani, or Adani in Wiktionary, the free dictionary. Adani may refer to: Adani (surname) AdaniGroup, an Indian multinational conglomerate...
International Airport Limited (LIAL), a public–private consortium led by AdaniGroup. The airport is the 11th busiest airport in terms of passenger traffic...
longer associated with the AdaniGroup.", it said on Twitter. Two other Indian conglomerates, Mahindra Group and JSW Group, followed suit claiming not...
port, owned by the Government of Kerala and will be operated by the AdaniGroup for a period of 40 years. Vizhinjam Seaport Thiruvananthapuram is expected...
owned by Hyderabad-based CVR Group. The London-based equity firm 3i owned the remaining 8% equity in KPCL. In October 2020, Adani Ports & SEZ acquired 75%...
period of 30 years. IRB Infrastructure bagged Group 1 (consisting of Packages 1, 2 & 3); while Adani bagged Groups 2, 3 & 4 (consisting of Packages 4 to 12)...
9 billion into four of the AdaniGroup's publicly listed companies. This came at a time where share prices of AdaniGroup listed companies declined steeply...
tournament.. It was founded in 2022, and the team is owned by AdaniGroup under its subsidiary Adani Sportsline, which also owns other sports teams like Gujarat...
construction site. In November 2020, Adani changed the name of its Australian subsidiary, which operates the mine, from Adani Mining to Bravus Mining & Resources...
The AdaniGroup, GMR Group and Kerala State Industrial Development Corporation (KSIDC) participated in the bidding process that was won by the Adani Group...
Madurai, in the state of Tamil Nadu, India. The project was commissioned by Adani Power. With a generating capacity of 648 MWp at a single location, it is...
network to AdaniGroup, making the conglomerate, the single largest shareholder with over 64.71 per cent stake. Acquisition of NDTV by the Adanigroup led by...
stock manipulation and accounting fraud by the AdaniGroup, an Indian conglomerate headed by Gautam Adani, one of the richest men in the world. Anderson's...
and the second international airport in Odisha. The Fairfax group, AdaniGroup and GMR Group expressed interest in developing the greenfield airport in...
Global Information
₹2.625 lakh crore (US$33 billion)[2][3] (2023)