TiL, the investing arm of MSC buys 49% stake in Adani Ennore Container Terminal for Rs 247cr
Adani Ports and Special Economic Zone Ltd (APSEZ), said it had entered into a second agreement with Terminal Investment Ltd (TiL), the container terminal operating and investing arm of container shipping line MSC, for the operation
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 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 Ports to exceed FY24 guidance of 390 MMT
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ), India’s largest port developer and operator, will exceed its guidance of 370-390 million metric tonne (MMT) for FY24 and is on track to cross 500
Adani Ports looks to buy SP Group’s Gopalpur Port in Odisha
AHMEDABAD : Adani Ports and SEZ is reportedly in talks with Shapoorji Pallonji Group to acquire its Gopalpur Ports in Odisha for up to Rs 1,100-1,200 crore in equity value. SP Ports Maintenance owns
Board Meeting of Adani Ports’ on December 12, to consider raising funds
AHMEDABAD : Adani Ports and Special Economic Zone on Wednesday said its board will meet on December 12 to consider a proposal to raise funds through the issue of non-convertible debentures or issue or
Vizhinjam International Seaport successfully unloads 10 container handling cranes
THIRUVANANTHPURAM : Marking a significant step towards port operation, the Vizhinjam International Seaport in Kerala has taken delivery of 10 giant cranes, comprising eight yard cranes and two ship-to-shore cranes. The last ship, Zhen Hua
CWIT first phase likely to be operational by Dec 2024 : Karan Adani
COLOMBO : The first phase of Colombo West International Terminal (CWIT) is likely to be operational by December 2024, Adani Ports and Special Economic Zone (APSEZ) Whole Time Director and CEO Mr. Karan Adani