Tag: adani ports

A general view of a container terminal is seen at Mundra Port, one of the ports handled by India's Adani Ports and Special Economic Zone Ltd, in Gujarat.(Reuters)
Posted in Business

Adani Ports acquires offshore shipping firm Astro for $185 million

Sep 02, 2024 08:44 AM IST Adani Ports acquires 80% of Astro for $185 million, boosting its fleet and entering new markets in the Middle…

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The new Hindenburg report alleged that Sebi Chairperson Madhabi Puri Buch and her husband Dhaval Buch owned stakes in offshore funds related to what Hindenburg calls the "Adani money siphoning scandal.” (ANI)
Posted in Business

Hindenburg report: Mutual funds had already invested ₹41,814-crore in 10 Adani group companies

Mutual funds in India have currently invested ₹41,814 crore into Adani companies, according to a Moneycontrol report, which added that all these companies are now…

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A general view of a container terminal is seen at Mundra Port, one of the ports handled by India's Adani Ports and Special Economic Zone Ltd,(Reuters)
Posted in Business

Adani Ports registers 47% profit growth, 21% revenue in April-June quarter

Adani Ports and Special Economic Zone on Thursday reported that its net profit or profit after tax jumped 47 per cent year-on-year during the April-June…

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The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India.(REUTERS)
Posted in Business

Adani Ports appoints new auditors after Deloitte resigns

Agencies | | Posted by Nisha Anand Adani Ports said it appointed MSKA & Associates as the statutory auditors of the company, effective Aug. 12….

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Gautam Adani meets Sri Lankan President Wickremesinghe, proposes green hydrogen project
Posted in South Asia News

Gautam Adani meets Sri Lankan President Wickremesinghe, proposes green hydrogen project

NEW DELHI: Billionaire Gautam Adani on Friday proposed to set up a green hydrogen plant in Sri Lanka, where his conglomerate is already developing a…

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Posted in Economy

privatisation: Scrutiny of Indian tycoons deals a blow to Modi’s privatisation drive

Prime Minister Narendra Modi assumed office nearly a decade ago with a goal of privatizing more of India’s floundering state-owned assets. For the nation’s business…

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However, shares of Adani Green Energy jumped 4.84 per cent, Adani Transmission climbed 3.78 per cent and Adani Total Gas gained 2.49 per cent(PTI)
Posted in Business

Seven Adani group stocks end lower amid weak broader market trend

Out of the ten listed firms of the Adani group, seven companies ended the day in the negative territory on Friday amid a weak trend…

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LIC's debt exposure in Adani group companies dips marginally to Rs 6,183 crore as of March 5
Posted in Economy

LIC’s debt exposure in Adani group companies dips marginally to Rs 6,183 crore as of March 5

LIC‘s debt exposure in Adani group companies fell marginally to Rs 6,183 crore as of March 5 from Rs 6,347 crore as of December 31,…

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Adani Ports to prepay $121 million short-term debt due in March: Report
Posted in Business

Adani Ports to prepay $121 million short-term debt due in March: Report

Billionaire Gautam Adani’s ports unit will prepay a short-term debt due next month amounting to 10 billion rupees ($121 million) as the Indian tycoon attempts…

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Adani Ports to repay ₹5,000 crore debt, to halve capital expenditure
Posted in Business

Adani Ports to repay ₹5,000 crore debt, to halve capital expenditure

Bloomberg | | Posted by Singh Rahul Sunilkumar Adani Ports & Special Economic Zone Ltd. will repay debt of around ₹5,000 crore, helping tycoon Gautam…

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