Market capitalisation of Adani Group entities cross $100 bn

13 Jul 2021 CW Team

In an annual shareholders' meeting, the Chairman of Adani Group said that the market capitalisation of the listed entities of Adani Group crossed $100 billion in the first week of FY22.

Gautam Adani said that Adani's listed entities propelled the company's portfolio to cross $100 billion in market capitalisation in the first week of FY22. This milestone achieved is the first for a first-gen Indian company.

In FY21, the consolidated Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) for the listed portfolio was Rs 32,000 crore, registering a year-on-year (YoY) growth of 22%. All the generated stock returns over 100%, and Adani ensured to return an amount of around Rs 9,500 crore to their equity shareholders. It is 166% growth in Profit After Tax on a YoY basis, he said.

Adani Ports and SEZ's share of India's port-based cargo system increased to 25% in FY21, and the container segment market rose to 41%, he added. He further said that the company's airport business has taken over operations of airports in Ahmedabad, Lucknow, and Mangalore. The company even signed concession agreements for Jaipur, Guwahati and Thiruvananthapuram, and got the privatisation contracts for these airports.

Adani Group is to acquire a controlling stake in Mumbai International Airport (MIAL), a GVK consortium that runs the city's airport and won the contract to set another of Rs 16,000 crore.

Image Source

Also read: Adani to launch IPO of its airport business

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..