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Bombay Stock Exchange (BSE). File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty settled lower for the sixth straight session on Monday (October 7, 2024) due to heavy selling in bellwether stocks including HDFC Bank and Reliance Industries amid mixed trends in the global markets and outflow of foreign funds. Falling for the…
The acquisition is expected to close within a month Adani Ports and Special Economic Zone said on Friday it will buy a majority stake in an offshore support vessel operator for $185 million, expanding its fleet and diversifying beyond port operations. Astro Offshore, in which Adani Ports will buy an 80% stake, owns a fleet…
Read More “Adani Ports To Ink $185 Million Astro Offshore Deal In Branch-Out Bid” »
‘San Fernando’, a vessel of the world’s second-largest shipping company Maersk, arrived at Vizhinjam Port Thiruvananthapuram: Adani Group’s Vizhinjam Port, India’s first trans-shipment port near Kovalam Beach in Kerala, received its first mothership. ‘San Fernando’, a vessel of the world’s second-largest shipping company Maersk, arrived at the port country with over 2,000 containers on it,…
Read More “Adani Group’s Vizhinjam Port Welcomes 1st Mothership, Puts India In World League” »
Adani Ports has seven located ports and terminals on the western coast and eight on east. Ahmedabad: Adani Ports and Special Economic Zone Limited (APSEZ) on Wednesday said four of its ports have been featured in the prestigious ‘Container Port Performance (CPP) Index 2023’, developed by the World Bank and S&P Global Market Intelligence. While…
Read More “4 Adani Ports Feature In World Bank’s ‘Container Port Performance Index’” »
Logo of the Adani Group installed at a roundabout on the ring road in Ahmedabad, Gujarat. FILE | Photo Credit: REUTERS Shares of all Adani Group companies tumbled on Tuesday as the initial trend showed BJP winning a lesser number of seats than predicted in exit polls. The stock of Adani Ports plummeted 20 per…
Read More “Adani Group shares tumble; Adani Ports plunges 20 pc” »
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…
APSEZ domestic cargo volumes grew by 21 per cent Y-o-Y in FY24. New Delhi: Adani Ports and Special Economic Zone Limited (APSEZ) today reported a 76.87 per cent jump in consolidated net profit to Rs 2,014.77 crore for the fourth quarter ended March 2024. The country’s largest integrated logistics player had clocked a profit of…
Read More “Adani Ports Q4 Net Profit Surges 77 Percent To Rs 2,014.77 Crore” »
Adani Ports and SEZ Ltd. runs the Haifa Port in north Israel. File | Photo Credit: AP Adani Ports and SEZ Ltd. which runs the Haifa Port in Israel, said it is closely monitoring the action on ground which is concentrated in south Israel, whereas Haifa port is situated in the north. “We have taken…
Read More “Prepared with business continuity plan for Haifa port in Israel: Adani Ports” »
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…
Read More “Adani Ports to buy back another $195 million of bonds” »