Page 13 - Adani Ports

NSE puts Adani Ent, Adani Ports and SEZ, Ambuja Cement under ASM framework

When a stock is included in the ASM list, it serves as a warning to the investors about unusual activity in the stock

Rs 8.7 trn mcap loss for Adani cos in 6 days; Adani Ent tanks 35% since Tue

Given the unprecedented situation and the current market volatility, Adani Enterprises has cancelled its Rs 20,000 crore follow-on-offer (FPO)

Rout in Adani Group stocks triggers panic sell-off in PSU banks

A Bloomberg report said that Credit Suisse Group AG has stopped accepting bonds of Gautam Adani's group of companies as collateral for margin loans

Adani takes over Haifa Port for $1.15 bn, promises to invest more in Israel

Dwells on host of key partnerships in Jewish nation, such as Elbit Systems, Israel Weapon Systems, and Israel Innovation Authority; vows to change Haifa skyline with latest deal

Singapore's Temasek remains invested in Adani Ports: Media report

Singapore investor, Temasek Holdings (Private) Limited, remains invested in Adani Ports and Special Economic Zone even though the Indian conglomerate is facing criticism from a US-based forensics research institution, according to a media report. Temasek remains invested in Adani Ports, as per their latest public shareholding disclosures, The Straits Times reported on Monday, citing a spokesman for the 49-year-old state-owned investor which has USD 496.59 billion in assets under management as of December 2022. Temasek, through its subsidiary Camas Investments, owns just over 1.2 per cent in Adani Port, the Singapore broadsheet reported, citing the company's shareholder information. The stake was acquired in 2018 for around SGD 147 million. The Temasek spokesman also said the group does not comment on market speculation. The Adani Group also runs an edible oil and food business in India called Adani Wilmar via a joint venture with Singapore-listed Wilmar International. The Group h

Hindenburg report on Adani group: Index provider MSCI invites feedback

Adverse feedback could lead to reduction in weightage of Adani stocks in MSCI indices

Rout in Adani group shares, banks drag Sensex 874 pts, Nifty ends at 17,600

Closing Bell: Adani Enterprises and Adani Ports were the leading Nifty losers, which ended 18 and 15 per cent lower, respectively. SBI, ICICI Bank, IndusInd Bank were next in line sinking up to 5%

Adani Group stocks sink up to 20%; CLSA sees limited risk to banks

Shares of the group's flagship company Adani Enterprises tumbled 6.2 per cent, while those of Adani Green and Adani Total Gas declined 15.5 per cent and 19.6 per cent, respectively

Timing of Hindenburg report is curious; market reaction overdone: Analysts

The Hindenburg report comes on the heels of Adani Enterprises' (AEL) plans of Rs 20,000 crore follow-on public offer (FPO) announced a few days ago

Why did the world's biggest ship choose to skip Indian ports completely?

Poor shipping connectivity has hindered India's integration into the global value chain, according to a RBI report in 2022. The country scored 34% in the GVC participation index

Sensex ends 304 pts lower at 60,353, Nifty below 18K; Bajaj Finance down 7%

CLOSING BELL: Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices rose up to 0.4 per cent

Stocks to Watch: Bajaj Finance, Marico, M&M Fin, IRB Infra, Adani Ports

Stocks to watch today: Bajaj Finance said that new loans booked during Q3FY23 were the highest-ever at 7.8 million

Construction work on Adani port in south India to speed up to meet deadline

Clashes between police and protesters in November injured more than 100 people, including 64 police officers

Shipping Ministry seeks advice on letting APSEZ bid for govt tenders again

Ministry is concerned about wider repercussions of Supreme Court decision to revoke the firm's disqualification

Kerala govt has spent Rs 100 cr so far for Vizhinjam rehabilitation: Min

The Kerala government has spent Rs 100 crore so far for the rehabilitation initiatives in connection with the under construction Vizhinjam sea port project, state Port Minister Ahammed Devarkovil said on Friday. Several development and welfare initiatives are being implemented in the region using the government fund and also making use of the CSR fund of the construction company, he told the state Assembly. The Union Environment Ministry, at the time of the signing of the contract, had directed to carry out rehabilitation initiatives to the tune of Rs 8.65 crore in the region, he said. "But, the LDF government has adopted a positive policy towards the fishermen community and spent Rs 100 crore for rehabilitation alone," Devarkovil said during the question and answer session. The significant thing was that land of local fishermen had not been acquired in connection with the sea port project. The land of those who lived away from the seashore had been taken for the same, he ...

Work on Adani's Vizhinjam port to resume after fishermen suspend protests

Fisherfolk camped in a makeshift shelter at Vizhinjam, in the state of Kerala since September, have blocked vehicles and halted work on a project they blame for coastal erosion

Kerala CM makes statement on Vizhinjam; says rehabilitation top priority

A day after the months-long protest against the under-construction Vizhinjam sea port was called off here, Kerala Chief Minister Pinarayi Vijayan on Wednesday said rehabilitation of local people and protection of their livelihood are top priorities of his government while implementing development projects. The Left government has assured this in all development projects and the approach is the same in the case of Vizhinjam port as well, he said in a statement made in the Assembly under Rule 300. Noting that the government is committed to the infrastructure development of the state that lays the foundation for Kerala's sustainable economic growth, he said it is also particular about the fact that the projects should be implemented with a humane approach. He said the protest committee had decided to call off the strike during a high-level talk held here on Tuesday. The CM also informed the House about the details of the demands raised by the agitators and the decisions taken on ...

Vizhinjam makes it to Kerala Assembly; CM says rehabilitation top priory

A day after the months-long protest against the under-construction Vizhinjam sea port was called off here, Kerala Chief Minister Pinarayi Vijayan on Wednesday said rehabilitation of local people and protection of their livelihood are top priorities of his government while implementing development projects. The Left government has assured this in all development projects and the approach is the same in the case of Vizhinjam port as well, he said in a statement made in the Assembly under Rule 300. Noting that the government is committed to the infrastructure development of the state that lays the foundation for Kerala's sustainable economic growth, he said it is also particular about the fact that the projects should be implemented with a humane approach. He said the protest committee had decided to call off the strike during a high-level talk held here on Tuesday. The CM also informed the House about the details of the demands raised by the agitators and the decisions taken on ...

Vizhinjam protest against Adani port called off after 138 days

Govt has already told agitators that construction work won't be stopped, but is said to have accepted all their demands

Protest against Adani's Vizhinjam sea port in Kerala called off for now

The over 130-day-long protest by fisherfolk against the under-construction Vizhinjam sea port was on Tuesday called off for now. The calling off of the agitation was announced by Vicar General Eugene Pereira, who has been seen at the forefront of the protests. He, however, said the protest was not being called off because they were satisfied with the steps taken or promises made by the state government. It was being called off as the protest has reached a certain stage and if required, they will take it up again, Pereira told reporters here. A day ago, leaders of various religious groups in Kerala had met with the fisherfolk protesting against the under-construction Vizhinjam sea port here as part of the ongoing efforts to bring peace in the area which witnessed violent agitations recently. A large number of people have been staging demonstrations outside the main entrance of the multi-purpose seaport at nearby Mulloor for the last few months. They have been pressing their seven-