Adani Group The chairman of Gautam Adani said on Tuesday that in the next 5 years, a record 15 to 20 billion dollars will be invested in different businesses, so that the next phase of growth can be prepared. He spoke of its strong books and fasting in the midst of the continuous investigation of the Adani Group. Adani said that the record income from the port to the airport to the airport, renewable energy parks to the data centers, cement to the gas and electricity has created India’s largest infra group, which exists not only for the service of markets but also to contribute to the future building of the nation.
What did Gautam Adani say on the matter of bribery
Addressing the annual general meeting (AGM) of the Adani Group, he mentioned the recent prosecution by US authorities in the alleged bribery case to get a renewable energy supply contract and said that any person in the Adani Group has not been accused of violating the US Foreign Corrupt Conduct Act (FCPA) or obstructing justice. He said, “The Adani Group never retreated despite a continuous investigation. Instead, we have proved that the true leadership is prepared by meditating not in the sun but in the fire of crisis. ”
‘There is no compromise with global standards in work’
Gautam Adani said, “I want to reiterate that we follow global standards in work and no compromise can be made to comply with them.” The Adani Group rejected the allegations of doing anything wrong and paid attention to its efforts to move forward, resulting in a great improvement in the shares of most companies of the group and the group has recorded a record income.
Adani Group’s income increased by 7 percent
The chairman of the Adani Group said, “There has been an increase of 7 percent in income at group-level, 8.2 percent in pre-tax income (Income Bifour Tax). The total income was Rs 2,71,664 crore and the earlier income was Rs 89,806 crore by adjusting. ”Adani said that his group aims to not only increase business but also create new possibilities. He also said, “Our capital investment in businesses is going to break all records in this context. We expect an annual capital expenditure of US $ 15-20 billion for the next 5 years. This is not only an investment in our group, but is an investment in the possibilities of our contribution in the creation of India’s infrastructure.
Gautam Adani started speech by saluting the soldiers of the country
Adani today started the speech of AGM, saluting the brave and martyred soldiers of the country. He also mentioned Operation Sindoor in the speech and said that India knows the price of peace. But, if someone shows an eye, he also knows to answer him in his language. In addition, he expressed his condolences to those killed in the Air India aircraft accident on 12 June.
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