Page 9 - Adani Ports

Adani Ports to develop container terminal in Sri Lanka

Adani Ports partners John Keells Holdings PLC and Sri Lankan Port Authority to develop the West Container Terminal of Colombo Port in Sri Lanka on a Build, Operate and Transfer basis for 35 years

Adani Ports credit profile unaffected by Gangavaram Port acquisition: Fitch

The company says the proportion of cargo from western and eastern coasts will shift to 60 percent and 40 percent respectively from 67 percent and 33 percent currently

Sarguja Rail acquisition not to affect Adani Ports credit quality: Moody's

A 31.5 per cent stake in Gangavaram Port is also credit neutral, the report said

Stake sale at premium valuations a positive for Adani Ports

In addition to volume gains, lower pledges and acquisitions such as Concor would be new triggers

Windy Lakeside Investment picks stake worth Rs 800 cr in Adani Ports

The stake pick is subject to the approval of regulatory/ statutory authorities and the shareholders of the company.

Bears return to D-Street after 3 days; Sensex tanks 598 pts, ends below 51K

The US bond yields which have become influential on stock prices, globally, spiked to 1.48 per cent

Adani Ports surges 5% as Co set to acquire stake in Gangavaram Port

With the completion of this deal, Adani Ports' market share will increase to above 30 per cent at 12 locations across India

Top headlines: Money laundering case on Franklin, APSEZ to buy 31.5% in GPL

The government may cut the reserve price of spectrum ahead of the 5G auction, given 63 per cent of spectrum remained unsold at this week's auction, CLSA said in its investor note

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

Volume recovery, acquisitions key to Adani Ports and SEZ's growth

Reducing promoter pledge further can help drive stock gains

Bears tighten grip; Sensex slips 400 pts, Nifty holds 15,200; PSBs rally

In the intra-day session, the Sensex and the Nifty indices touched a low of 51,586 and 15,171, respectively.

Adani Ports acquires Dighi Port, earmarks Rs 10,000 crore for new gateway

DPL, the 12th port to join APSEZ's string of economic gateways across the eastern and western coast of India will establish the company's footprint in Maharashtra, the largest contributor to GDP

Stocks to watch: Nestle India, Adani Ports, L&T Finance, Heritage Foods

L&T Finance said it has closed its rights issue and raised over Rs 2,998 crore

Adani Ports to invest Rs 10,000 crore to develop Dighi Port

Adani Portsand Special Economic Zone (APSEZ) on Tuesday said it has completed the acquisition of Dighi Port for Rs 705 crore and would invest over Rs 10,000 crore in developing it as an alternate gateway to JNPT. JNPT is India's largest container port and is one of the 12 major ports in the country. APSEZ completed the acquisition of 100 per cent DPL for Rs 705 crore on February 15, 2021....DPL, the 12thport to join APSEZ's string of economic gateways across the eastern and western coast of India would establish the company's footprint in Maharashtra, the largest contributor to India's GDP, APSEZ said in a statement. This would enable APSEZ to service customers in Maharashtra whichincludes the highly industrial areas and development in the Mumbai and Pune regions, it said. APSEZ plans to invest over Rs 10,000 crore to develop the port into a multi-cargo port with world class infrastructure as well as investing in the development of rail & road evacuation infrastructure for ...

Adani Ports completes acquisition of Dighi Port Ltd for Rs 705 crore

APSEZ to invest Rs 10,000 crore to develop facility into multi-cargo port

Bull-run halts as auto, metal stks dip; Sensex ends flat, Nifty holds 15100

The Nifty Auto, Metal, and Pharma indices settled over 1 per cent lower each

Adani Ports raises $500 mn selling 10-year bonds to foreign investors

The company said the senior unsecured US dollar note was oversubscribed six times by marquee international investors, helping it fix the coupon at a low 3.10 per cent

Adani Ports raises $500 mn via dollar bonds from marquee investors

This was the second issuance for APSEZ, third for the port vertical company of Adani Group this financial year with total issuance amounting to over $1.5 billion

Adani Ports to raise $500 mn from bond sale to capitalize on interest rates

Adani Ports & Special Economic Zone, the largest port operator in the country, is in the international debt market with a benchmark issue to raise at least USD 500 million. This is the third large bond sale by domestic issuers after Exim Bank's USD 1 billion issue at record low prices in the first week of the moth followed by SBI in the second week with a USD 6 billion sale. Adani Ports is the largest port developer and operator in the country in terms of volume, with coal and other dry bulk terminals showing an annual capacity of 478.6 million tonnes. "We are in the dollar debt market and are planning to raise USD 500 million through a Reg S issue," a merchant banking source told PTI on Wednesday without sharing other details like pricing and tenor saying the issue is the market. The last time it had paid 4.2 per cent coupon to USD 750 million issue last July. While Reg S issue means resident American investors can't subscribe to the issue, benchmark issue means a large issue ...

Ports, roads, steel: 5 companies step up investments as economy recovers

India is focusing on improving its infra as the economy recovers after the coronavirus pandemic. A look at at what Tata Group, L&T, Adani Ports, Ultratech Cement, and JSW Steel plan to do