Fitch Ratings has affirmed Adani Ports and Special Economic Zone Limited's (APSEZ) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' and removed it from Rating Watch Negative (RWN), while maintaining a Negative Outlook.
Vizhinjam International Seaport has received the necessary clearance from the Union environment ministry, informed Kerala Chief Minister Pinarayi Vijayan on Tuesday, affirming this nod from the government will help work at the port is completed by 2028.
Adani Ports and Special Economic Zone (ADSEZ) is well positioned to benefit from India's long-term growth due to its strategic business model and alignment with the country's development goals, according to a report by Macquarie Equity Research.
In a statement Monday, Fitch affirmed the said ratings, noting that the Adani group "has demonstrated adequate funding access" since the US indictment of certain board members of another group entity, Adani Green Energy Limited (AGEL), on 20 November 2024.
On the occasion of International Women's Day, Adani Group, Chairman, Gautam Adani reaffirmed his commitment to gender equality and empowering women in all walks of life.
Adani Group Chairman Gautam Adani expressed his gratitude after hosting nine women ambassadors and high commissioners to India at the Khavda Adani Renewable Energy Park and Mundra's Special Economic Zone (SEZ).
The Supreme Court on Friday refused to impose the status quo on the Dharavi Redevelopment project on Friday while hearing a plea filed by Dubai-based SecLink Technologies challenging the Maharashtra government's award of the Dharavi Redevelopment Project to the Adani Group.
Ahead of the international women's day, the envoys visited the world's largest renewable energy park run by Adani Green Energy in Khavda, Gujarat, and India's largest commercial port in Mundra operated by Adani Ports and SEZ Limited.
Adani Group Chairman Gautam Adani visited the Adani Defence and Aerospace site in Kanpur. Taking to X, the Adani Group chief said he was Inspired to witness the Adani team's incredible innovation and "rock solid commitment" to India's self-reliance in defence.
Ahead of the upcoming International Women's Day on March 8, 2025, the Adani Foundation felicitated more than 1,000 'Lakhpati Didis' at an event in Mundra in Kutch, Gujarat.