In a big relief for Adani Ports, The National Green Tribunal (NGT) refused to quash environmental clearances given to Vizhinjam International Sea Port in Kovalam, Kerala. It has cleared the coastal regulatory clearances as well as the environment clearances.
Adani's Ennore and Vizhinjam ports are currently under construction and will start operations in October and December respectively. It currently has 8 operating ports.
According to the Grant Thornton report, May 2011 has seen USD 5.38 billion of M&A deals and PE investment volumes have witnessed a significant upsurge. In an interview with CNBC-TV18, Grant Thornton's partner CG Srividya reports more on what the numbers indicate.
Rajiv Agarwal, CEO and MD, Essar Shipping, in an interview with CNBC-TV18’s Anuj Singhal and Latha Venkatesh, spoke about the latest happenings in his company and the road ahead.