Adani Group Taxes
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Adani Group Outperforms In Infra, Records 16.5% Return On Assets
The Adani Portfolio of companies on Thursday reported a landmark fiscal result for FY25, as EBITDA scaled to an all-time high of Rs 89,806 crore ($10.5 billion), up 8.2 per cent year-on-year.
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Adani Energy Solutions Registers Record Performance, Net Profit Up 103%
Adani Energy Solutions has ended January-March quarter and the entire financial year 2024-25 record high. The January-March quarter profit after tax rose 87 per cent to Rs 714 crore, as per a company statement.
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Adani Group Tax Contribution Jumps To Rs 58,104 Crore In Financial Year 2023-24
Ports-to-power conglomerate Adani Group on Sunday said group companies paid Rs 58,104 crore in taxes in 2023-24, up from Rs 46,610 crore in the previous financial year.
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Adani Group's ACC Limited Logs Highest-Ever Annualised Profit At Rs 2,337 Crore In FY 2024
ACC Limited, a subsidiary of Ambuja Cements, on Thursday announced lifetime high annualised profit after tax (PAT) at Rs 2,337 crore in FY24, up a staggering 378 per cent (year-on-year).
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Businesses Restored In Developed Dharavi To Get Tax Refund For 5 Years
Businesses rehabilitated in Mumbais Dharavi following its redevelopment will get a refund of State Goods and Services Tax (SGST) for five years.
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Adani Enterprises' Pre-Tax Earnings Rise By 43% To Rs 5,874 Crore
Adani Group's flagship firm Adani Enterprises on Thursday reported its earnings before interest, taxes, depreciation, and amortization (EBIDTA) increased by 43 per cent to Rs 5,874 crores during the April-September quarter of 2023-24.
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"No Violations": Mauritius Leader On US Short Seller's Adani Allegations
Mauritian Financial Services Minister Mahen Kumar Seeruttun has rejected allegations made by US short seller Hindenburg Research on the Adani Group using the Indian Ocean archipelago as a safe house to create shell companies.
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"On Valentine's Day...": Trinamool's Mahua Moitra On BBC Tax Searches
TMC MP Mahua Moitra on Tuesday asked if the "raids" on the British Broadcasting Corporation's (BBC) offices would be followed by one on "Mr A" in an apparent dig at Adani Group chief Gautam Adani.
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Banks' Exposure To Adani Group "Insufficient" To Pose Credit Risk, Says Fitch
Investors have been worried about various banks' exposure to the group ever since late January when U.S.-based short-seller Hindenburg Research alleged improper use of offshore tax havens and stock manipulation by the conglomerate.
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No Tax On $6.38 Billion Deal With Adani Group, Says Swiss Company
Swiss building material major Holcim has said its $6.38 billion deal with Asia's richest man Gautam Adani's group is tax-free.
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Adani Enterprises Gives Final Approval For $4 Billion Australia Coal Mine
The company has said the project, at an initial cost of $4 billion, would pay billions of dollars in royalties and taxes, create jobs and export coal to India help bring electricity to rural regions.
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Adani May Exit $16.5 Billion Mine in Australia Without Tax Deal, Says Minister
Carmichael coal project, Australia's largest coal project has been delayed several times since first being proposed in 2010 due to protests and court claims from green groups concerned about its environmental impact.
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Adani Enterprises Reports Q1 Profit After Tax of Rs 557 Crore
The company had posted a loss of Rs 278 crore in the corresponding quarter of the previous financial year, Adani Enterprises said in a statement.
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Adani Group Gets Rs 5,500 Crore Tax Notice: Report
The show-cause notice was issued by the Mumbai office of DRI late last week, and agency sources said the notices were issued against three companies of the Ahmedabad-based Adani Group for alleged over-valuation by Rs 2,000 crore of capital equipments for its power projects.
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MD of Adani group arrested
Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.
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Adani Group Outperforms In Infra, Records 16.5% Return On Assets
The Adani Portfolio of companies on Thursday reported a landmark fiscal result for FY25, as EBITDA scaled to an all-time high of Rs 89,806 crore ($10.5 billion), up 8.2 per cent year-on-year.
-
Adani Energy Solutions Registers Record Performance, Net Profit Up 103%
Adani Energy Solutions has ended January-March quarter and the entire financial year 2024-25 record high. The January-March quarter profit after tax rose 87 per cent to Rs 714 crore, as per a company statement.
-
Adani Group Tax Contribution Jumps To Rs 58,104 Crore In Financial Year 2023-24
Ports-to-power conglomerate Adani Group on Sunday said group companies paid Rs 58,104 crore in taxes in 2023-24, up from Rs 46,610 crore in the previous financial year.
-
Adani Group's ACC Limited Logs Highest-Ever Annualised Profit At Rs 2,337 Crore In FY 2024
ACC Limited, a subsidiary of Ambuja Cements, on Thursday announced lifetime high annualised profit after tax (PAT) at Rs 2,337 crore in FY24, up a staggering 378 per cent (year-on-year).
-
Businesses Restored In Developed Dharavi To Get Tax Refund For 5 Years
Businesses rehabilitated in Mumbais Dharavi following its redevelopment will get a refund of State Goods and Services Tax (SGST) for five years.
-
Adani Enterprises' Pre-Tax Earnings Rise By 43% To Rs 5,874 Crore
Adani Group's flagship firm Adani Enterprises on Thursday reported its earnings before interest, taxes, depreciation, and amortization (EBIDTA) increased by 43 per cent to Rs 5,874 crores during the April-September quarter of 2023-24.
-
"No Violations": Mauritius Leader On US Short Seller's Adani Allegations
Mauritian Financial Services Minister Mahen Kumar Seeruttun has rejected allegations made by US short seller Hindenburg Research on the Adani Group using the Indian Ocean archipelago as a safe house to create shell companies.
-
"On Valentine's Day...": Trinamool's Mahua Moitra On BBC Tax Searches
TMC MP Mahua Moitra on Tuesday asked if the "raids" on the British Broadcasting Corporation's (BBC) offices would be followed by one on "Mr A" in an apparent dig at Adani Group chief Gautam Adani.
-
Banks' Exposure To Adani Group "Insufficient" To Pose Credit Risk, Says Fitch
Investors have been worried about various banks' exposure to the group ever since late January when U.S.-based short-seller Hindenburg Research alleged improper use of offshore tax havens and stock manipulation by the conglomerate.
-
No Tax On $6.38 Billion Deal With Adani Group, Says Swiss Company
Swiss building material major Holcim has said its $6.38 billion deal with Asia's richest man Gautam Adani's group is tax-free.
-
Adani Enterprises Gives Final Approval For $4 Billion Australia Coal Mine
The company has said the project, at an initial cost of $4 billion, would pay billions of dollars in royalties and taxes, create jobs and export coal to India help bring electricity to rural regions.
-
Adani May Exit $16.5 Billion Mine in Australia Without Tax Deal, Says Minister
Carmichael coal project, Australia's largest coal project has been delayed several times since first being proposed in 2010 due to protests and court claims from green groups concerned about its environmental impact.
-
Adani Enterprises Reports Q1 Profit After Tax of Rs 557 Crore
The company had posted a loss of Rs 278 crore in the corresponding quarter of the previous financial year, Adani Enterprises said in a statement.
-
Adani Group Gets Rs 5,500 Crore Tax Notice: Report
The show-cause notice was issued by the Mumbai office of DRI late last week, and agency sources said the notices were issued against three companies of the Ahmedabad-based Adani Group for alleged over-valuation by Rs 2,000 crore of capital equipments for its power projects.
-
MD of Adani group arrested
Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.
