Indian mutual funds are sharply increasing holdings in Adani Power, Adani Green Energy, and Adani Energy Solutions, signaling a shift from short-term, high-volatility trading to a long-duration bet on India’s electrification cycle. Shareholding data through March 2026 shows MF ownership rising sharply across the trio. Fund managers point to contracted-capacity cash flows—where over 70% of EBITDA comes from contracted revenue—and to visible earnings from power, renewables, transmission, and grid-heavy demand driven by data centres, EVs, and manufacturing.
Adani Group shares are in the spotlight after reports say the US Justice Department is considering dropping fraud charges against Gautam Adani, following moves by a newly appointed legal team led by Robert J. Giuffra Jr. The NYT says prosecutors proposed a path to resolution that could include a $10 billion US investment and job creation. Meanwhile, separate SEC and Treasury-related matters are reportedly moving toward settlement agreements with financial penalties, while other discussions cite further civil and sanctions payments.
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Gautam Adani and his nephew Sagar have agreed to pay $18 million in total to settle US Securities and Exchange Commission allegations that they made false and misleading statements about Adani Green Energy Ltd. The proposed deal—$6 million from Gautam and $12 million from Sagar—must still be approved by a judge. Separately, the US Justice Department is reportedly seeking to drop fraud charges in a parallel criminal case, which could help clear the way for Adani’s return to international capital markets.
Markets extended their rebound for a second straight session on supportive global cues and selective buying in heavyweight stocks, with banking shares driving the relief. IT stocks, however, stayed under pressure. Multiple firms drew attention ahead of earnings: Power Grid, Tata Steel, SAIL, Hindustan Copper, Cochin Shipyard, Premier Energies, Godfrey Phillips and ITC Hotels. Adani Enterprises saw a massive block trade, Tata Motors PV reported a steep profit drop, while JSW Steel and Jio Financial posted sharp financial and deal-linked moves.
Adani Airport Holdings is teaming up with IHG Hotels & Resorts to build five new hotels across Navi Mumbai, Mangaluru, Thiruvananthapuram and Jaipur, adding nearly 1,500 rooms. The deal also signals the debut of IHG’s luxury Kimpton Hotels & Restaurants brand in India, as airport-linked hospitality expands to meet rising travel demand.
Uber CEO Dara Khosrowshahi has announced a partnership with Adani Group to set up Uber’s first data center in India. Expected to be operational later this year, the facility will support testing and deploying Uber technologies, strengthening the company’s push to grow as a global innovation hub.
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MSCI has decided not to add Adani Energy Solutions to its global standard indexes in the May 2026 review. The move follows the stock being placed on an “Ineligible Alert Board” under India’s ASM surveillance framework. MSCI says securities covered by short-term or long-term ASM measures will not be added to its Investable Market Indexes during periodic reviews.
The Competition Commission of India approved four transactions, including Adani Power’s acquisition of GVK Energy and Canada Pension Plan Investment Board’s stake in Ctrl S Datacenters. CCI also cleared Thriveni Earthmovers’ purchase of a stake in Lloyds Engineering Works and approved a merger involving three entities into one company.
Adani Group has kicked off work on a massive cement grinding unit in Guna, Madhya Pradesh, with Pranav Adani announcing an investment of ₹1,060 crore at the Bhoomi Pujan. The project traces back to a commitment made by Chairman Gautam Adani at the Global Investors Summit. Adani says the wider plan includes ₹110,000 crore across sectors like cement and mining to drive MP’s expansion.
Adani Group’s green-powered data center investments are reshaping how investors view its energy businesses, turning them into India’s AI infrastructure proxy. As plans for AI-ready capacity expand alongside rapidly rising electricity demand, Adani’s energy stocks have outperformed the broader market. The result is a new trade narrative that links power generation to the AI boom.
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After getting relief from the NCLAT, Adani Group has filed a caveat in the Supreme Court in anticipation of a Vedanta challenge. The NCLAT upheld Adani’s resolution plan for debt-laden Jaiprakash Associates Ltd in the Jaypee insolvency case. The move signals Adani’s effort to prevent any surprise stay and keep the insolvency resolution on track.
The NCLAT has dismissed Vedanta Ltd’s plea against the Gautam Adani group’s winning bid for bankrupt Jaiprakash Associates. The tribunal found Vedanta’s petitions without merit and upheld the Committee of Creditors’ ₹14,535-crore decision. Jaiprakash had entered insolvency after failing to repay bank dues exceeding ₹57,000 crore.
Bajaj Auto and four other BSE 100 stocks hit fresh 52-week highs, with recent rallies reaching as much as 40% over the past month. The group includes Adani Power, Adani Ports, Nestle India, and Cummins India, signaling broad-based strength across sectors rather than isolated momentum.
Indian markets are bracing for the US Fed decision and election exit polls, with investors tracking HUL, Bajaj Finance and Adani Power closely. Adani Green is set to expand battery storage at scale, while Jaguar Land Rover faces a refund order. Vedanta warns aluminium production costs may rise due to geopolitical tensions.
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Adani’s aviation strategy aims to build influence across India’s air-travel ecosystem without running an airline itself. The plan focuses on acquiring and expanding airport-linked and other infrastructure assets, potentially shaping how passengers move while avoiding direct airline risks. The approach raises questions about competition and concentration as the group expands within regulated aviation sectors.
After a two-year stretch of heavy equity selling, Indian promoters flipped in 2026, pouring more than $4 billion into buying their own company stocks. The move, seen across major groups including Adani and GMR, comes as valuations stabilize following a market correction and is read as renewed belief in long-term growth, especially for asset-heavy businesses.
Union Minister Jyotiraditya Scindia announced a ₹2,500 crore Adani Group defence manufacturing plant in Kolaras, Madhya Pradesh, with construction to begin within two months. The project aims to create around 2,000 direct jobs and expand India’s defence production, reducing import dependence. Kolaras, known for agriculture, is set to evolve into a defence industry hub.
Union minister Jyotiraditya Scindia has announced a Rs 2,500 crore defence manufacturing plant for the Adani group in Kolaras, Guna district, Madhya Pradesh. The facility, planned near major highways, is expected to create around 2,000 jobs and produce defence equipment. Officials say it will strengthen border security while turning Kolaras into a key defence manufacturing hub.
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Friday trading saw a sharp dip in Indian indices as heavy IT selling pulled down the BSE Sensex and Nifty 50. Infosys was among the notable losers, while select stocks such as Himadri Speciality Chemical and Adani Energy Solutions rose on the back of earnings and fresh momentum, highlighting a split market mood.
Adani Enterprises has told the NCLAT that the Jaiprakash Associates resolution followed due process, with evaluation metrics disclosed upfront and accepted by bidders. It opposed Vedanta’s late addendum, warning it could undermine process integrity. Adani also argued lender decisions represent commercial wisdom beyond judicial review, as the dispute remains pending before the tribunal.
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