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Tag: Adani Ports and Special Economic Zone

Adani Ports signs 30-year concession pact to operate terminal at Dar es Salaam Port in Tanzania

Posted on May 31, 2024 By admin
Adani Ports signs 30-year concession pact to operate terminal at Dar es Salaam Port in Tanzania

Adani Ports and Special Economic Zone (APSEZ) signed a 30-year concession agreement with the Tanzania Ports Authority to operate and manage Container Terminal 2 at the Dar es Salaam Port in Tanzania. File | Photo Credit: ANI Adani Ports and Special Economic Zone (APSEZ) on Friday said its wholly owned subsidiary Adani International Ports Holdings…

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Business

Adani Ports to buy back another $195 million of bonds

Posted on September 27, 2023 By admin
Adani Ports to buy back another 5 million of bonds

In a stock exchange filing, APSEZ said it will buy back $195 million of bonds due in 2024 using its cash reserves. File photo of Adani Group Chairman Gautam Adani. | Photo Credit: PTI Adani Ports and Special Economic Zone will prepay $195 million of debt due in 2024 as the conglomerate helmed by Gautam…

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Business

Deloitte resigns as statutory auditor of Adani firm weeks after it flagged concerns over report by Hindenburg Research

Posted on August 13, 2023 By admin
Deloitte resigns as statutory auditor of Adani firm weeks after it flagged concerns over report by Hindenburg Research

The Deloitte company logo. | Photo Credit: Reuters Deloitte has resigned as auditor of the Adani Group’s port company, with the firm run by billionaire Gautam Adani saying the auditor wanted a wider remit over other firms in the conglomerate following the report of a U.S.-based short seller. The resignation comes weeks after Deloitte raised…

Read More “Deloitte resigns as statutory auditor of Adani firm weeks after it flagged concerns over report by Hindenburg Research” »

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