adani

adani Power’s market value currently stands at nearly Rs 4.85 lakh crore, higher than Infosys, whose market capitalization is around Rs 4.72 lakh crore. Following the latest reshuffle, adani Power has emerged as India’s 11th most valuable listed company.

Stocks of several adani Group firms, including adani Enterprises, adani Green, adani Power, adani Ports, adani Energy and adani Total Gas, rose by as much as 3.5% after the case was effectively closed the securities and wire alleged fraud case in New York.

adani Enterprises has agreed to a $275 million settlement with the US Treasury over alleged violations of sanctions involving Iran. The company reportedly purchased liquefied petroleum gas from a Dubai trader that was actually sourced from Iran. This settlement occurs alongside other legal proceedings involving Gautam adani in the US.

Gautam adani launched two major eye care institutions in Bihar's Saran district, pledging Rs 150 crore through the adani Foundation. These facilities, attached to Akhand Jyoti Eye Hospital, will perform 3.3 lakh surgeries annually and train 1,000 professionals. adani also personally committed Rs 500 crore to the Akhand Jyoti Foundation, aiming to expand affordable vision care nationwide.

adani Group chairman Gautam adani pledged a massive Rs 50,000-60,000 crore investment in Bihar over the next three to four years. This significant capital infusion will target key sectors including power, roads, gas distribution, cement, and broader infrastructure, aiming to boost the state's development and energy self-reliance.

During a ceremonial ground-breaking event in Saran, Bihar, Gautam adani, the visionary chairman of adani Group, will be accompanied by his family. This monumental initiative, in collaboration with Akhand Jyoti Eye Hospital, seeks to establish an expansive rural healthcare network dedicated to underserved areas in northern and central India, prioritizing affordable eye care and skill development training.

US authorities are reportedly moving to end fraud cases against Gautam adani, with the Department of Justice potentially dropping criminal charges and the SEC nearing a settlement in its civil case. This development could offer a significant legal reprieve for the billionaire and the adani Group, which has been facing regulatory scrutiny.

Rahul Gandhi has accused Prime Minister Narendra Modi of striking a "deal for adani's release" with the US, rather than a genuine trade agreement. The Congress party echoed these sentiments, labeling the pact "one-sided" and alleging it aims to close fraud cases against Gautam adani in America, suggesting Modi is compromised and subservient to US demands.

Mumbai International Airport is transforming into a destination, offering services like Pranaam personal escorts, a vibrant Summer Carnival, and Boarding Bites for gate-side food delivery. Passengers can also enjoy premium lounges, extensive shopping, a 3km art wall, and convenient Blinkit deliveries, all integrated through the adani One app.

Uber is building its first data center in India with the adani Group. This facility will support Uber's growing technology needs in the country. The partnership aims to enhance innovation and deployment of Uber's tech. The data center is expected to be operational later this year. This move signifies a major expansion of Uber's infrastructure in India.

The managed portfolio agreement will add close to 1,500 hotel rooms across India, with Mangaluru among cities planned for hospitality-led airport development