Page 16 - Adani Ports

SC provides relief to Adani Ports in connection with bidding process

Sector experts feel the court has cleared the air on an issue which saw multiple stands from high courts across the country

Vizhinjam port stir: Adani Ports move Kerala HC seeking protection

The Adani Ports, which is building the transshipment port in Vizhinjam in Thiruvananthapuram, on Thursday filed a petition in the Kerala High Court seeking police protection from those protesting against the construction work. The Adani Group, in its plea stated that the ongoing agitation by fishermen was a threat to the life of its employees and the government was not taking any action in this regard despite representations made. It prayed for a court direction to the state government to provide adequate police security to the project. A large number of fisherfolks have been protesting outside the main entrance of the multi-purpose seaport, located at nearby Mulloor, since last week pressing their seven-point charter of demands including halting the construction work and to conduct a coastal impact study in connection with the multi-crore project. The protesters have been alleging that the unscientific construction of groynes, the artificial sea walls known as "pulimutt' in local

Adani's ports-to-power conglomerate 'deeply overleveraged': CreditSights

The aggressive expansion pursued by the Adani Group, led by Asia's richest person, has put pressure on its credit metrics and cash flow, CreditSights said

Sensex, Nifty end flat; Tata Chemicals jumps 12%, IGL 6%; SpiceJet sheds 5%

CLOSING BELL: Among sectors, the Nifty IT index slipped 0.9 per cent, while the Nifty Metal index advanced 1.6 per cent

Adani Ports Q1 net drops 17% to Rs 1,092 cr; total income rises marginally

The company's total expenses also increased to Rs 4,174.24 crore from Rs 3,660.28 crore earlier

Top headlines: Airtel Q1 net soars 466%; equity MFs' July inflow drops 43%

India seeks to restrict Chinese smartphone makers from selling devices cheaper than Rs 12,000 ($150) to kickstart its faltering domestic industry, dealing a blow to brands including Xiaomi Corp.

Stocks to Watch: Britannia, GAIL, Reliance, Adani Enterprises, Paytm, Nykaa

Stocks to Watch: With oil prices staging a dramatic reversal, related stocks, along with rate-sensitive sectors will be on the radar as RBI announces its monetary policy outcome Friday.

Adani's Haifa port acquisition a 'strategic purchase': Israeli media

Adani Group's acquisition of the Haifa port last week for USD 1.18 billion is being seen as a "strategic purchase" where "price was less important", according to a media report

South India ports log surge in traffic as ships skip crisis-hit Sri Lanka

Industry bodies said at least 10 per cent of normal cargo is being diverted from Sri Lanka to Indian ports due to multiple reasons like congestion and shortage in fuel availability

Top headlines: YES Bank portfolio sale, NIRF rankings, monkeypox and more

Business Standard brings you the top headlines this hour

Adani Ports to boost trade lanes with joint Haifa Port acquisition

After a two-year tender process, Adani Ports and local chemicals and logistics group Gadot clinched the 4.1 billion shekel ($1.18 billion) winning bid for Haifa Port

Israel sells Haifa Port to Adani Ports, Israel's Gadot for $1.2 bn

Israel in recent years has been selling its government-owned ports and allowing new, private piers to be built in an effort to shorten wait times for cargo ships and lower the costs of imports

Adani Ports handle 100 mmt cargo in 99 days, expects 60% growth by 2025

Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest integrated transport utility, has clocked a cargo throughput of 100 MMT in the first 99 days of FY23

Airports, roads, ports and now 5G: Adani group's expansion rolls on

The Adani group's foray into the 5G space comes on the back of a massive expansion spree

Shipping Ministry looks to make govt ports competitive against pvt peers

Minister asks for plan to build mega ports by 2047, develop new technologies

Adani Ports moves SC as HC rejects plea against JNPA for disqualifying bid

The contract was for upgrading a container terminal in Navi Mumbai; Adani counsel urges top court to restrain JNPA from proceeding with other bids

Blood on the Street: 98% Nifty 500 stocks down this month, shows data

Of the 12 that have risen, only one has provided double-digit gains

Adani Ports buys Ocean Sparkle for Rs 1700 cr through Adani Harbour Svces

Ocean Sparkle is a leading player in towage, pilotage, and dredging with an asset base of 94 own vessels and 13 third-party-owned vessels

Adani Ports and SEZ highest bidder for West Bengal's Tajpur deep-sea port

As per an analyst, 0.25 per cent revenue share is very low and will lead to an adverse impact on the existing Kolkata Port

Infy tops list of firms with strongest ESG scores, followed by M&M, Tech M

Overall, India's rank is 120 on the world Sustainable Development Goals (SDG) index with Finland topping the tables