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Thursday, May 06, 2021

Adani Ports

ADANI PORTS NEWS

Adani Ports to be removed from S&P index due to business links with Myanmar military

April 13, 2021 12:20 pm

Shares in Adani Ports were down 1% in early Tuesday trade. Its shares have in general been little affected by the Myanmar issue, having climbed some 40% since February 1.

MoU signed: Adani Ports to develop ‘country’s biggest’ logistics park in Sanand

January 23, 2021 5:01 am

The release quoted the CM as saying, “This park will be directly connected with Dedicated Freight Corridor and all major ports. It is in line with Prime Minister Narendra Modi’s vision of ‘Atmanirbhar Bharat’.

MoU signed, Adani Ports to develop ‘country’s biggest’ logistics park in Sanand

January 22, 2021 9:29 pm

The park, spread across 1,450 acres, will attract an investment of Rs 50,000 crore, while providing direct and indirect employment to 25,000 people, the release added.

APSEZ set to pick up 40.25% stake in Snowman Logistics

December 28, 2019 8:55 am

Separately, Life Insurance Corporation of India (LIC) has picked up a 2 per cent additional stake in APSEZ, taking the state-owned insurer’s total holding in the Adani Group’s port operating arm to 11.82 per cent.

Adani to buy Kattupalli Port for RS 1,950 crore, share purchase agreement signed

June 29, 2018 1:00 am

The company said it now expects to close the transaction, announced two years ago, in one week’s time, having obtained all the necessary approvals.

Adani Ports to buy L&T’s Kattupaalli Port in Tamil Nadu

November 10, 2015 2:08 am

The Kattupalli port is a strategic complement to our Ennore Container terminal , stated Gautam Adani, chairman of Adani Group.

Adani Ports signs MoU to import pulses

October 20, 2015 3:36 am

The MoU is intended to help develop “a dedicated and efficient supply chain for pulses, using strategically located Adani Ports’ facilities to all key consumption centres in the country”.

Kerala issues letter of award (LOA) to Adani Ports

July 14, 2015 1:38 am

Last month, the Cabinet had accepted the bid of the Adani Ports to develop the project, which had no takers in the past despite several rounds of bidding.

Lone bidder Adani Ports to get Vizhinjam project

May 14, 2015 2:28 am

First phase of the project would cost Rs 7,525 crore. Of this, Adani Group would invest Rs 2,454 crore and the state Rs 4,253 crore.

Panel clears Adani’s lone bid for Kerala’s Vizhinjam port

May 09, 2015 2:30 am

The port, when built, is expected to handle up to 18,000 twenty-foot equivalent (TEU) container ships with a rated annual capacity of 10 lakh TEUs.