Despite the difficulties encountered by two major commodities for port traffic, the overall impact has been somewhat mitigated by growth in other segments of trade
All four phases are expected to be completed by 2028-29, by when Kerala Government and Adani Port will have invested a total of Rs 20,000 crore in the PPP project.
Adani Ports has incorporated a wholly-owned subsidiary company Udanvat Leasing IFSC Ltd with an authorised and paid-up share capital of Rs 2.5 crore divided into 25 lakh equity shares of Rs 10 each.
Aircraft leasing firms that commence operations from the IFSC in Gujarat International Finance Tec-City (GIFT-City) are entitled to certain exemptions and benefits.
The first ship to berth at the ₹7,525 crore deep-water international seaport will reach the state coast on October 11 and dock at Vizhinjam port on October 14
Adani Ports and Special Economic Zone (APSEZ) registered a 26 percent year-on-year (YoY) growth in September in its total cargo volumes to 32.8 million metric tonnes (MMT).
Adani Port officials said that the company remains committed to the Tajpur project and was waiting for a Letter of Agreement from the West Bengal government before it can proceed with feasibility studies and environmental clearances.
In July 2022, Gautam Adani's firm Adani Ports won the tender for privatisation of Israel's Haifa Port along with it business local partner chemical and logistics group Gadot.
Though the group overhang is a bother, the company’s stock offers attractive risk-reward proposition
Adani Ports will also be looking to invest Rs 4,000-4,500 crore as capital expenditure in 2023-24, whole-time director and Chief Executive Officer Karan Adani said
NSE noted that applicable rate of margin shall be 50 percent or existing margin, whichever is higher, subject to maximum rate of margin capped at 100 percent w.e.f. February 6, 2023 on all open positions as on February 3
Keen to finish the project as early as possible, the state government has appealed to the church authorities to end the protest as it was crucial for bringing changes to the industrial and economic sector of the country.
Our specially curated package of the most interesting articles to help you stay at the top of your game.
Environmental groups claim that the Carmichael mine will produce 200 million tonnes of carbon dioxide in 60 years.
Iran said it was praised even by the United Nations for its fight against drug trafficking and that it has again been "targeted unfairly" through denial of trade and banning its consignments while describing the restriction as an "unprofessional and imbalanced move".
The party also sought a response from Prime Minister Narendra Modi on the seizure of heroin from Afghanistan by the Directorate of Revenue Intelligence at Gujarat’s Mundra Port, operated by Adani group.
The transaction, valued at Rs 3,604 crore, is expected to be completed within 6 months.
Dinesh Rohira of 5nance.com picks Adani Ports for the investors to watch out for as per the cues.
Mitessh Thakkar of mitesshthakkar.com suggests buying Bosch, Hero Motocorp and Adani Port.
Ashwani Gujral of ashwanigujral.com advises buying Tata Steel, Simplex Infra and Adani Port.
According to Shahina Mukadam, Independent Market, one may buy Adani Port at current levels.
CNBC-TV18's Ekta Batra lists out stocks that you should focus on.
SBI, Tata Motors, BHEL, Tata Steel and Adani Ports are top gainers while Reliance, HUL, HDFC Bank, Cipla and Sun Pharma are major losers in the Sensex.
Adani Ports, M&M, Tata Motors, HUL and Tata Steel are top gainers. Infosys falls 9 percent while TCS, NTPC, Wipro and ICICI Bank are losers in the Sensex.
Tata Motors is up 4 percent in the Sensex while other gainers are Adani Ports, ICICI Bank, Coal India and NTPC. Axis Bank is down.