APSEZ raises cargo volume guidance for FY24
AHMEDABAD : Adani Ports and Special Economic Zone Limited is now targeting over 400 metric tonnes (MMT) of cargo volumes in the curent financial year 2023-24 (FY24), surpassing the upper end of the guidance
MSC-Adani terminal deal at Ennore poised to boost South India trade flow
CHENNAI : MSC’s 49% stake acquisition in Adani Group‘s container terminal at Ennore Port, also known as Kamarajar Port, has the potential to boost direct calls out of India’s southern corridor as volumes build.
Adani Ports mulls up to 10 billion rupees debt issue by March
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) is mulling a fund raise of up to 10 billion rupees ($120 million) from a domestic rupee bond sale, its first since 2021, two bankers
Adani Group to make additional investment of Rs 8,700 Crore in Bihar
PATNA : The Adani Group on Thursday said it would make an additional investment of Rs 8,700 crore in Bihar in various sectors, including cement manufacturing, logistics and the agro-industry. The group is already
Adani Ports board approves issuance of NCDs worth ₹5,250 crore
AHMEDABAD : The Board of Adani Ports and Special Economic Zone Limited on Tuesday, December 12, approved bonds and preference shares sale plan of up to ₹5,250 crore. The Adani Group entity will issue non-convertible debentures
Adani Group says its portfolio posted highest ever EBITDA growth in H1FY24, crosses Rs 43,000 Cr
AHMEDABAD : Adani Group on Monday said its portfolio delivered highest ever EBITDA growth in H1FY24 and crossed Rs 43,000 crore-mark. The Gautam Adani-led conglomerate released its half yearly financial performance update on Monday. “The
Adani Group to spend Rs 7 lakh crore in capex over next 10 years across verticals
AHMEDABAD : Adani Group will spend Rs 7 lakh crore in capital expenditure over the next 10 years and its billionaire Chairman Gautam Adani has shared some details of the plans which will further
Adani Port operations to be carbon-neutral by 2025: Gautam Adani
AHMEDABAD : Adani Group Chairman Gautam Adani announced on Friday that all its port operations will be carbon neutral by 2025. The target for net-zero port operations is 2040, the group chairman said in