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Adani Group to invest Rs 20,000 crore in Vizhinjam port's remaining phases

July 12, 2024 10:46 pm

The mothership docked on Thursday at the port being developed by APSEZ, India's largest port developer and part of the Adani Group, in a public-private partnership model at a cost of around Rs 8,867 crore.

SC stays Gujarat HC order on taking back land given to Adani firm near Mundra

July 11, 2024 2:36 am

A bench of justices B R Gavai and K V Viswanathan stayed the order while issuing notice on an appeal by Adani Ports and Special Economic Zone Ltd (APSEZ).

Govt to take back 108 hectare from Adani Ports and SEZ, to reallocate as grazing land

July 06, 2024 12:19 am

The government had proposed tranches of gauchar land in different villages, which the HC had shot down, insisting that the government must allot grazing land in the same village.

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June 15, 2024 8:40 pm

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Adani Ports to enter Sensex: How India’s major stock indices work

May 28, 2024 11:49 am

The announcement has come months after activist short-seller Hindenburg Research accused the Adani Group of stock manipulation and accounting fraud, which led to the share prices of Adani companies crashing by 30-80%.

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Adani Ports to enter Sensex from June 24; Wipro to move out

May 25, 2024 12:28 pm

As per the reconstitution of S&P BSE indices, announced by Asia Index Pvt Ltd (AIPL) on Friday, APSEZ will replace Wipro in the 30-share Sensex with effect from June 24.

Norway excludes Adani Ports from Government Pension Fund Global over ethical concerns

May 17, 2024 12:32 am

The decision to exclude APSEZ is based on a recommendation from the Council on Ethics of November 21, 2023, Norges Bank said in a statement.

Adani Ports Q4 net profit jumps 77% to Rs 2,014 crore

May 02, 2024 2:18 pm

The country's largest integrated logistics player had clocked a profit of Rs 1,139.07 crore in the corresponding period of the previous fiscal, the company said in a BSE filing.

Growing dominance: India’s largest private port operator Adani Ports announces acquisition of Odisha's Gopalpur Port

March 26, 2024 3:20 pm

Gopalpur Port is the seventh Indian port to have been acquired by the Adani Group through the inorganic route since 2014. The others include Dhamra Port, Kattupalli Port, Krishnapatnam Port, Dighi Port, Gangavaram Port, and Karaikal Port.

Adani Ports shares advance after decision to buy majority stake in Odisha's Gopalpur port

March 26, 2024 11:39 am

The Adani group's flagship company will acquire 95 per cent stake in the port — 56 per cent from Shapoorji Pallonji and 39 per cent from Orissa Stevedores. The acquisition remains subjected to regulatory and other approvals.