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Infosys drops as Adani Energy climbs in Friday’s sharp market reversals

Infosys drops as Adani Energy climbs in Friday’s sharp market reversals

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.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Adani tells NCLAT lenders back Jeetpakash process not judgeable wisdom as Vedanta counters

Adani tells NCLAT lenders back Jeetpakash process not judgeable wisdom as Vedanta counters

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.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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SEC and Adanis ask US court for more time and reshuffle submissions in fraud case

SEC and Adanis ask US court for more time and reshuffle submissions in fraud case

The US Securities and Exchange Commission and Gautam Adani and Sagar Adani have jointly requested more time in a US court, proposing a revised schedule for major submissions in a civil securities case. The SEC sued in November 2024, alleging investor misrepresentation. The Adanis deny wrongdoing and are pushing to dismiss the fraud suit.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Ambani Adani Tata private capital reshapes India nuclear power push for good

Ambani Adani Tata private capital reshapes India nuclear power push for good

India’s renewed nuclear power push is taking a sharper turn as marquee private players come aboard. Unlike earlier efforts that leaned heavily on state-led execution, the new phase is drawing big-ticket private capital. The shift could accelerate project timelines, alter financing structures, and reshape how nuclear capacity is planned and delivered in the years ahead.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Boeing eyes more India aircraft orders as it tracks Adani Embraer venture closely

Boeing eyes more India aircraft orders as it tracks Adani Embraer venture closely

In an exclusive interview ahead of Wings India in Hyderabad, Boeing India and South Asia president Salil Gupte said the company expects more aircraft orders from India this year to boost sourcing. He also discussed SpiceJet and why Boeing is watching the Adani-Embraer joint venture, while downplaying the likelihood of any assembly tie-ups involving Boeing.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
CCI clears Adani group in solar tender bribery allegations finding no anti competitive evidence

CCI clears Adani group in solar tender bribery allegations finding no anti competitive evidence

India’s Competition Commission of India has dismissed a complaint targeting Adani Group entities and others in connection with a Solar Energy Corporation of India tender. The CCI said there was no initial evidence of anti-competitive practices and noted the Adani Group does not appear to hold dominance in the power generation market, effectively ending the probe at the preliminary stage.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Adani picked to carry Jaiprakash Associates forward as Jaiprakash Gaur backs the process

Adani picked to carry Jaiprakash Associates forward as Jaiprakash Gaur backs the process

Jaiprakash Gaur says the Adani Group will carry Jaiprakash Associates Limited forward after being selected the successful resolution applicant. Gaur expressed respect for the Committee of Creditors decision and called the insolvency process fair and transparent. He added that efforts were made to secure a credible resolution for all stakeholders following the company’s financial stress and entry into insolvency proceedings.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Vedanta challenges Adani bid for Jaiprakash Associates raising questions over evaluation metrics

Vedanta challenges Adani bid for Jaiprakash Associates raising questions over evaluation metrics

Vedanta Group has moved to challenge the insolvency outcome that selected Adani Enterprises’ bid for Jaiprakash Associates Ltd. Vedanta says its offer was higher, but the insolvency appellate tribunal will review whether lenders used correct evaluation metrics. Lenders argue several factors shaped the choice, while Jaiprakash’s value spans real estate, cement, and hospitality assets.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Adani’s airport ambitions spark a three way fight with GVK and GMR and big money risks

Adani’s airport ambitions spark a three way fight with GVK and GMR and big money risks

Gautam Adani’s push to become a dominant airport player is triggering alarm among rivals like GVK and GMR. Analysts say the company’s entry looks fast and politically charged, raising the risk of costly missteps. With the Adani Group already under scrutiny, the airport bets could either unlock major returns—or become a serious financial drain if execution falters.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Reliance to Adani Conglomerates tightened control of India economy since 2021

Reliance to Adani Conglomerates tightened control of India economy since 2021

Since 2021, India’s business landscape has grown more concentrated as major conglomerates expand influence across sectors. A report tracking Reliance and Adani highlights how acquisitions, partnerships, and capital flows strengthened their grip, reshaping competition and shaping what consumers, suppliers, and regulators face. The trend points to a tighter corporate hold on key economic levers.

Summarised by Beize from a story on The Ken on 24 Apr 2026

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Modi welcomes Google AI Hub in Visakhapatnam with $15 billion investment plan

Modi welcomes Google AI Hub in Visakhapatnam with $15 billion investment plan

PM Modi welcomed the launch of a Google AI Hub in Visakhapatnam, built in collaboration with AdaniConneX, a hyperscale data services provider. Google says the initiative will attract roughly $15 billion in investment over five years from 2026 to 2030, aiming to scale AI infrastructure and data capabilities in India’s east coast.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Adani Energy Solutions posts record ₹8726 crore EBITDA as smart meters cross 1 crore milestone

Adani Energy Solutions posts record ₹8726 crore EBITDA as smart meters cross 1 crore milestone

Adani Energy Solutions Limited reported a 32% year-on-year jump in adjusted full-year profit to ₹2,393 crore for FY ending March 31, 2026. The company also delivered record performance with EBITDA of ₹8,726 crore, driven by execution in transmission and smart metering, alongside commissioning of key infrastructure projects. Its smart metering rollout reached 1 crore installations.

Summarised by Beize from a story on Republic on 24 Apr 2026
NCLAT reserves judgment in Jaypee insolvency fight as Vedanta and Adani trade accusations

NCLAT reserves judgment in Jaypee insolvency fight as Vedanta and Adani trade accusations

The NCLAT has reserved its judgment in the Jaypee insolvency case after arguments from both sides. Vedanta alleged the resolution process was not transparent and the evaluation was unfair. The Resolution Professional countered that the process followed approved frameworks. Adani, declared winners, said competitive bidding enhanced value—while the tribunal waits to decide.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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