Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday said it has decided to exit its investment in Myanmar by June next year.
Adani Ports' selective shipment ban oversteps its mandate
The company has raised Rs 1,000 crores today by allotment of 10,000 rated, listed, secured, redeemable, NCDs of the face value of Rs 10,00,000/- each on private placement basis
The advisory applies to all terminals operated by APSEZ and third-party terminals at any of its 13 domestic ports in seven maritime states. This decision raises a number of issues
Says absolutely no connection with FPIs based in Mauritius; has applied to operate Myanmar port
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
Coupon rates for the 20-year bonds and 10.5-year tranche were fixed at 5% and 3.8% respectively
Company enjoys a 25% market share of India's exim cargo, wants to ramp it up to 40%
About 56% of firm's cargo is sticky, which includes contractual take-or-pay cargo, or that which is unlikely to be diverted to other ports due to infra curbs
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The Competition Commission of India (CCI) on Tuesday gave nod to proposed acquisition of additional 25 per cent stake of Adani Krishnapatnam Port Ltd by Adani Ports and Special Economic Zone Ltd.
Acquires balance 25% Vishwasamudra Holdings' stake
Private sector ports and logistics company Adani Ports and Special Economic Zone Ltd. (APSEZ) is acquiring the residual 25% stake in Adani Krishnapatnam Port for Rs 2,800 crore
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 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
Nearly 1,500 acres park to attract investments worth Rs 50,000 crore in logistics, transport
APSEZ is the only Indian company to have been included in this sector in one of the most sought-after sustainability indices in the world
As per BSE bulk deal data, over 2.57 crore scrips were sold at Rs 352.01 apiece, translating into a deal value of Rs 906.76 crore
The acquisition will accelerate APSEZ's stride towards 500 MMT by 2025 and is another step in implementing its stated strategy of cargo parity between west and east coasts
Adani Ports and Special Economic Zone (APSEZ) on Tuesday said it has raised $750 million (about Rs 5,600 crore) by issuing fixed rate senior unsecured notes.