US Agencies Aim To Conclude Fraud Cases Against Gautam Adani: Bloomberg 9 hrs ago Today
US agencies are reportedly aiming to conclude fraud cases against Gautam Adani, according to a Bloomberg report. The development involves ongoing legal proceedings in the United States concerning the Adani Group chairman. Adani Enterprises, the flagship entity of the conglomerate, remains under close observation by investors amid these proceedings. No specific timeline or further details regarding the conclusion have been disclosed in the report.
Adani Enterprises Records ₹23.34 Crore Block Trade on NSE at ₹2629.70 Per Share 1 day ago Yesterday
NCLAT Dismisses Vedanta's Appeal Against Adani Bid for JP Associates, Upholds CoC Decision
The NCLAT dismissed Vedanta's appeal against Adani Enterprises' bid for JP Associates, upholding the Committee of Creditors' decision not to approve Vedanta's resolution plan. The tribunal ruled the CoC's decision was neither arbitrary nor perverse, reinforcing creditor authority in insolvency proceedings. The ruling, reported by CNBC TV18, marks a significant legal development in the resolution process for JP Associates.
04May 26
Jefferies Reiterates Buy on Adani Enterprises, Raises Target Price to ₹2,800 on Strong Q4 EBITDA
Jefferies has raised its target price on Adani Enterprises to ₹2,800, maintaining a Buy rating on the back of strong Q4 EBITDA driven by airports, ANIL, and copper businesses. FY26 is viewed as a stabilization year, while FY27 is projected to deliver ₹30bn+ in incremental EBITDA as airports, copper, and roads segments scale up. PAT has turned negative due to higher depreciation from newly commissioned assets, reflecting the impact of the company's ongoing capital expansion.
04May 26
Adani Enterprises Reports Q4 Net Loss of ₹2.2B Against ₹38.44B Profit YoY
Adani Enterprises faced a challenging Q4 with a consolidated net loss of ₹2.2 billion against the previous year's profit of ₹38.44 billion. Despite the loss, EBITDA showed growth to ₹44.79 billion from ₹43.46 billion, though margins compressed significantly due to material costs rising dramatically to ₹118 billion from ₹35.9 billion year-on-year.
Adani Enterprise's Kutch Copper Plant Encounters Technical Challenges in First Year
Adani Enterprise Ltd.'s copper plant in Kutch has faced significant engineering troubles during its first year, failing to produce meaningful copper volumes. The facility was closed for repair work in late March due to persistent technical issues that have hampered its operational capabilities.
Geecee Ventures Acquires 15,000 Shares of Adani Enterprises for ₹3.45 Crores
Geecee Ventures acquired 15,000 shares of Adani Enterprises for ₹3.45 crores through an open market purchase on April 24, 2026. The transaction demonstrates strategic investment positioning and represents significant stake-building in the prominent conglomerate company.
24Apr 26
Air India Declines to Shift Operations to Adani's Navi Mumbai International Airport
Air India has declined to shift operations to Adani's Navi Mumbai International Airport, respectfully disagreeing with assumptions about strong airline demand for the facility. The national carrier's decision represents a diplomatic but firm rejection of the relocation proposal, potentially impacting the commercial viability projections for the new airport infrastructure.
Jefferies Maintains Buy Rating on Adani Enterprises, Cuts Target Price to ₹2,600
Jefferies maintains its Buy rating on Adani Enterprises but cuts the target price to ₹2,600 from ₹2,750. The revision reflects near-term airport traffic softness delaying NMIAL ramp-up and geopolitical headwinds leading to 3-7% EBITDA estimate cuts. However, the brokerage remains positive on improving non-aero revenue, airport monetisation, new energy solar expansion at Mundra supporting FY27 EBITDA, and ramp-up in copper and road business segments.
U.S. Court Accepts Adani Group's Plea to Dismiss SEC Case
A U.S. court has accepted Adani Group's plea to dismiss the SEC case against the Indian conglomerate. This represents a significant legal milestone in the ongoing regulatory proceedings and could have important implications for the group's legal standing and business operations in international markets.