STARTUP/TECHNOLOGY Adani, Jabil Plan JV For AI, Data Centre Equipment Manufacturing

Adani Enterprises Ltd and Jabil Inc, a global engineering, supply chain and manufacturing company, have signed a non-binding memorandum of understanding to establish a 50:50 joint venture for manufacturing and assembling artificial intelligence (AI) and data centre equipment in India. The MoU follows the June 2026 announcement of the two groups’ intent to develop an […]

CW Bureau · Oct 13, 2026

GENERAL Adani Begins Dharavi Rehabilitation Work With 10,432 Homes At Matunga

Adani Enterprises Ltd has commenced rehabilitation construction for the Dharavi redevelopment project with a bhoomi poojan at the 22-acre Matunga railway site in Mumbai. AEL Director Pranav Adani performed the ceremony, marking a key step in the redevelopment of Dharavi, one of Asia’s largest informal settlements, home to more than one million people. Allotment for […]

CW Bureau · Oct 13, 2026

BANKING & FINANCE Adani Airports Raises $1 Bn From Global Investors At $18 Bn Valuation

Adani Airport Holdings Ltd (AAHL), a subsidiary of Adani Enterprises Ltd, has entered into binding agreements to raise ₹9,825 crore ($1 billion) in primary equity capital from a consortium comprising Alpha Wave Global, Premji Invest, Temasek and funds managed by BlackRock. The transaction values AAHL at a pre-money equity valuation of $18 billion. It is […]

CW Bureau · Sep 9, 2026

STARTUP/TECHNOLOGY Adani Enterprises Arm AdaniConneX Buys Chandenvalle Infra For ₹536 Cr

AdaniConneX Pvt Ltd (ACX), a joint venture of Adani Enterprises Ltd, has acquired a 100% equity stake in Chandenvalle Infra Park Ltd (CIPL) from Adani Power Ltd for a cash consideration of ₹535.69 crore. The transaction has been completed and will support ACX’s plans to establish data centre infrastructure facilities, strengthening its platform for the […]

CW Bureau · Aug 28, 2026

GENERAL Adani Rules Out Entry Into Airline As Market Speculation Gains Momentum

Adani Enterprises Ltd (AEL) has firmly denied speculation that it is planning to launch an airline, putting to rest market chatter that resurfaced after reports suggested the diversified conglomerate was evaluating an entry into India’s fast-growing aviation sector. In a stock exchange filing, the company said reports claiming it was considering launching an airline were […]

CW Bureau · Jul 24, 2026

STARTUP/TECHNOLOGY Adani Defence To Buy 44.6% Stake In Flight Simulation Firm For ₹820 Cr

Adani Defence Systems & Technologies Ltd (ADSTL), a wholly owned subsidiary of Adani Enterprises Ltd, has signed a Share Purchase Agreement to acquire the remaining 44.6% stake in Flight Simulation Solutions Pvt Ltd (FSSPL) at an enterprise value of ₹820 crore. The acquisition will increase ADSTL’s holding in FSSPL from 55.40% to 100%, making the […]

CW Bureau · Jul 17, 2026

MANUFACTURING Adani, France’s Dioxycle To Develop Low-Carbon Chemical Manufacturing

Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, has partnered with French clean-tech company Dioxycle to develop and scale low-carbon chemical manufacturing in India, marking the conglomerate’s strategic entry into the chemicals sector. The long-term partnership will begin with a pilot facility at an Adani Group site to produce formic acid using […]

CW Bureau · Jul 10, 2026

MANUFACTURING Kutch Copper Receives LME Certification For Adani Copper Brand

Kutch Copper Ltd. (KCL), a wholly-owned subsidiary of Adani Enterprises Ltd., has received certification from the London Metal Exchange (LME) for its ‘Adani Copper’ brand. The approval enables Adani Copper cathodes to be delivered with warrants eligible for issuance against LME Copper Grade A futures contracts from July 10. Global Recognition The LME certification recognises […]

CW Bureau · Jul 7, 2026

MANUFACTURING Adani Enterprises, IHC To Invest ₹1.08 Lakh-Cr In Odisha Aluminium Project

Adani Enterprises Ltd (AEL) and International Resources Holding (IRH), an IHC Group company, through 2PointZero, will form a 50:50 joint venture to develop an integrated greenfield aluminium project in Odisha. The proposed investment of about ₹1.08 lakh crore is expected to be Odisha’s largest foreign direct investment (FDI) proposal and India’s largest FDI in the […]

CW Bureau · Jul 3, 2026

STARTUP/TECHNOLOGY AdaniConneX Buys MBEL For ₹765 Cr To Support Data Centre Expansion

Adani Enterprises Ltd said its joint venture company, AdaniConneX Pvt Ltd (ACX) has acquired a 100% equity stake in Madhuvanti Build Estate Ltd (MBEL) from Adani Infra (India) Ltd. for a cash consideration of ₹765.25 crore. The acquisition was completed on June 11 and forms part of the group’s infrastructure expansion strategy and gigawatt-scale data […]

CW Bureau · Jun 11, 2026

INFRASTRUCTURE Adani Portfolio Posts ₹1.53-Lakh-Cr Capex, Asset Base Nears ₹8 Lakh Cr

The Adani Portfolio, India’s largest infrastructure and utilities platform, reported a record capital expenditure of ₹1,52,967 crore ($16.1 billion) in FY26, the highest annual capex undertaken by any Indian corporate, as it accelerated investments across energy, utilities, transport and logistics businesses. The group said nearly 80% of the investments were directed towards its core infrastructure […]

CW Bureau · Jun 2, 2026

MANUFACTURING US Legal Overhang Behind US, Focus Now On Next Phase: Gautam Adani

The Adani Group is entering its next phase of growth with renewed confidence after putting its US legal challenges behind it, according to billionaire industrialist and Group Chairman Gautam Adani. In his letter to shareholders in the FY26 Annual Report of Adani Energy Solutions, Adani said the Group is now focused on accelerating infrastructure development […]

CW Bureau · May 31, 2026