The state government expects to create 25,000 direct jobs and over 100,000 indirect jobs through this port
Stocks to Watch Today: Oil related shares are likely to be in focus on Tuesday as the oil ministry sought a review of the windfall profit tax on domestically produced crude oil.
An announcement on Karan's appointment could come as soon as Friday, the people said. A representative for Adani Group declined to comment.
Stocks to Watch: State Bank of India (SBI) has clarified that it has not been identified as a nodal bank for handling Russia-related rupee transactions
SMPK said in a statement that the project would help increase the cargo handling capacity and also fast evacuation of cargo at Haldia Port
Today NSE Top Gainers and Top Loser, 9 Sept: Tech Mahindra rose by 3.4 percent, UltraTech cement falls by 1.97 percent. Read this detailed report on gainers and losers in National Stock Exchange
In Q1FY23, the company reported a record EBITDA of Rs 3,005 crore, up 11 per cent YoY on the back of revenue growth for the ports and logistics business
Sector experts feel the court has cleared the air on an issue which saw multiple stands from high courts across the country
The Adani Ports, which is building the transshipment port in Vizhinjam in Thiruvananthapuram, on Thursday filed a petition in the Kerala High Court seeking police protection from those protesting against the construction work. The Adani Group, in its plea stated that the ongoing agitation by fishermen was a threat to the life of its employees and the government was not taking any action in this regard despite representations made. It prayed for a court direction to the state government to provide adequate police security to the project. A large number of fisherfolks have been protesting outside the main entrance of the multi-purpose seaport, located at nearby Mulloor, since last week pressing their seven-point charter of demands including halting the construction work and to conduct a coastal impact study in connection with the multi-crore project. The protesters have been alleging that the unscientific construction of groynes, the artificial sea walls known as "pulimutt' in local
The aggressive expansion pursued by the Adani Group, led by Asia's richest person, has put pressure on its credit metrics and cash flow, CreditSights said
CLOSING BELL: Among sectors, the Nifty IT index slipped 0.9 per cent, while the Nifty Metal index advanced 1.6 per cent
The company's total expenses also increased to Rs 4,174.24 crore from Rs 3,660.28 crore earlier
India seeks to restrict Chinese smartphone makers from selling devices cheaper than Rs 12,000 ($150) to kickstart its faltering domestic industry, dealing a blow to brands including Xiaomi Corp.
Stocks to Watch: With oil prices staging a dramatic reversal, related stocks, along with rate-sensitive sectors will be on the radar as RBI announces its monetary policy outcome Friday.
Adani Group's acquisition of the Haifa port last week for USD 1.18 billion is being seen as a "strategic purchase" where "price was less important", according to a media report
Industry bodies said at least 10 per cent of normal cargo is being diverted from Sri Lanka to Indian ports due to multiple reasons like congestion and shortage in fuel availability
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After a two-year tender process, Adani Ports and local chemicals and logistics group Gadot clinched the 4.1 billion shekel ($1.18 billion) winning bid for Haifa Port
Israel in recent years has been selling its government-owned ports and allowing new, private piers to be built in an effort to shorten wait times for cargo ships and lower the costs of imports
Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest integrated transport utility, has clocked a cargo throughput of 100 MMT in the first 99 days of FY23