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Sunday, April 28, 2024
TopicAdani Ports

Topic: Adani Ports

Adani Group’s footprint growing along east coast, too. Gopalpur Port just latest acquisition

Currently, Adani Ports & Special Economic Zone Ltd operates 14 ports, terminals representing 27 percent of India's total port volume. Seven each are on east & west coast.

Bengal govt at sea over Tajpur port? Adani awaits official word even as Mamata announces new tender

Adani Group won highest bid for Tajpur Port and was awarded Letter of Intent just over a year ago. Bengal industries minister says govt will soon release statement soon.

US International Development Finance Corporation to invest $553 mn in Adani joint venture in Sri Lanka

The investment is expected to facilitate private sector-led growth and attract crucial foreign exchange to Sri Lanka, to aid in its economic recovery.

Adani Ports shares fall by 3.6 per cent on Haifa port amid Israel conflict

Adani operates the Haifa Port in northern Israel along with a local company after it completed its purchase for 4 billion shekels ($1.03 billion) in January.

Adani Ports auditor Deloitte resigns 2 days before SEBI probe deadline, cites lack of wider audit role

Deloitte in its audit report highlighted certain transactions questioned in Hindenburg report, which SEBI is investigating. SEBI's report on Adani group's alleged fraud is due Monday.

Adani Ports starts $130 million buyback of debt securities

Adani Ports said it has floated a tender of up to $130 million in outstanding debt, as it tries to boost investor confidence after the group's shares were pummelled Hindenburg's report.

Adani Ports to prepay Rs 10 billion on commercial papers due in March, says Group spokesperson

Adani Ports has commercial papers worth Rs 20 billion due to mature in March, data from information service provider Prime Database showed.

On Camera

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The Romans’ version of stoicism is rapidly picking popularity on Instagram — Marcus Aurelius, Epictetus, and Seneca are some names that get thrown at you when you fire up your screen.

Government allows export of onions to six countries, sets buffer stock target

The government had imposed an export prohibition in order to ensure adequate domestic availability of onions in the country.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.