Page 2 - Adani Ports And Special Economic Zone

India getting back to age of controlling 25% of global economy: Karan Adani

India can get back to the age of controlling one-fourth of global economy like the way it used to do earlier, Adani Ports and SEZ CEO Karan Adani said on Wednesday.

A turning tide for ICTT following the political turmoil in Sri Lanka

The transshipment port at Kochi sees opportunity in the Sri Lankan crisis to attract more cargo from Colombo

Adani Ports buys Ocean Sparkle for Rs 1700 cr through Adani Harbour Svces

Ocean Sparkle is a leading player in towage, pilotage, and dredging with an asset base of 94 own vessels and 13 third-party-owned vessels

APSEZ port crosses 300 mn tonnes of cargo handling through 12 ports

It took 14 years to achieve 100 MMT annually with five ports in its portfolio, and doubled it to 200 MMT with nine ports in just the next five years

Adani Ports Q3 net profit declines 6% to Rs 1,478.76 cr, revenue flat

Its total consolidated income increased to Rs 4,422.73 cr in the latest December quarter from Rs 4,274.79 cre in the year-ago period

Adani, Essar and DP World in race to develop Rs 2,500-crore ports

The tenders of VO Chidambaranar Port Trust and Paradip Port have received interest from Adani Ports and Special Economic Zone, Dubai government-owned DP World, Essar, and others

Adani Ports' net profit jumps 77% to Rs 1,342 crore in June quarter

Its total income during the latest June quarter rose to Rs 4,938.43 crore, against Rs 2,749.46 crore in the year-ago period

Adani Ports gains 10% in 2 days after promoter buys shares via open market

On June 17, 2021, Infinite Trade and Investment Ltd, the promoter group of the company, purchased 1.93 million shares, worth of Rs 126.81 crore of the company via the open market

Adani Transmission becomes the second most valuable Adani Group firm

With Rs 1.60 trillion market capitalisation, Adani Transmission replaced Adani Port & SEZ, which had market-cap of Rs 1.57 trillion at 11:13 am.

Stocks to watch: Tata Steel, Adani Ports, RBL Bank, HAL, SBI Card, Affle

Fitch Ratings has assigned JSW Hydro Energy's proposed US-dollar senior secured notes an expected rating of 'BB+(EXP)' with a stable outlook

Adani Ports may abandon Myanmar project if found to violate US sanctions

The company said the potential Myanmar project write-down would not materially impact it

Adani Ports invests Rs 2,800 cr to up stake in Krishnapatnam Port to 100%

Acquires balance 25% Vishwasamudra Holdings' stake

Adani Ports jumps 5% as it acquires controlling stake in Gangavaram Ports

The Adani Ports had announced acquisition of Warburg Pincus's 31.5 per cent stake in GPL on March 3, 2021 and together with today's acquisition, APSEZ would now have 89.6 per cent stake in GPL

Adani Ports to buy controlling interest in Gangavaram Port for Rs 3,604 cr

APSEZ is acquiring the 58.1 per cent stake held by DVS Raju and family in Gangavaram Port Limited (GPL). The acquisition is valued at Rs 3,604 crore and subject to regulatory approvals

Adani Ports to acquire 31.5% in Gangavaram Port for Rs 1,954 crore

Acquisition expands APSEZ's market share to 30 percent across 12 locations in India. The acquisition is subject to regulatory approvals

Adani Ports to acquire 31.5% stake in Gangavaram Port for Rs 1,954 cr

Adani Ports is also in discussions with DVS Raju and Family for their 58.1 per cent stake in GPL; the latest acquisition expands APSEZ's market share to 30 per cent across 12 locations in India

Adani Ports and SEZ completes acquisition of KPCL for Rs 12,000 cr

In FY21, the port is expected to generate an EBITDA of approximately Rs.1,200 crore resulting in an acquisition EV/ EBITDA multiple of 10x

Adani Ports, Mishra Dhatu: 27 stocks set to gain after conquering 200-DMA

The benchmark indices, Nifty 50 and S&P BSE Sensex, have also rebounded from their respective 200-DMA lows.

Adani Group stocks rally on Mumbai International Airport stake buy buzz

According to report, the transaction under which Adani Group will acquire 50.5 per cent of GVK Group could be announced before next week

Adani Ports & SEZ to raise up to Rs 3,000 cr via NCDs in multiple tranches

The company said its board has also given its consent for exploring and evaluating the proposal to create a platform, which will hold rail infra assets and investments in rail entities