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Aim is to make Vizhinjam port most efficient in logistics cost terms: Kara
Updated : 10 months, 2 weeks ago IST
Karan Adani, who is the Managing Director of Adani Group ports business, on Friday said they aim to make the just-launched Vizhinjam International Deepwater Multipurpose Seaport the most-efficient port and help traders reduce their logistics costs.
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Adani Ports pegs Rs 11,000-12,000 crore as capex spending in FY26
Updated : 10 months, 2 weeks ago IST
The Adani Group's ports business will continue to invest across businesses in 2025-26. In a video message announcing the results for 2024-25, Ashwani Gupta, Whole-time Director and CEO, Adani Ports and SEZ Ltd on Thursday pegged the capital expenditure (capex) guidance for the current fiscal
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Adani Ports registers records net profit worth Rs 11,061 crore in FY25, up
Updated : 10 months, 2 weeks ago IST
Adani Ports and SEZ on Thursday reported an all-time high net profits in the just concluded financial year 2024-25. The Adani Group ports business logged a net profit (profit after tax) worth Rs 11,061 crore in the entire fiscal, up 37 per cent.
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Adani Ports NQXT Acquisition is positive step towards global diversificati
Updated : 10 months, 3 weeks ago IST
Adani Ports and Special Economic Zone Limited's (APSEZ) acquisition of the North Queensland Export Terminal (NQXT) will support its international growth strategy, says Fitch Ratings.
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APSEZ acquires 50 MTPA capacity NQXT Australia, accelerating path to 1 bil
Updated : 11 months ago IST
Ahmedabad (Gujarat) [India], April 18: The Board of Directors of Adani Ports and Special Economic Zone Ltd. (APSEZ), India's largest integrated Transport Utility company has approved the acquisition of Abbot Point Port Holdings Pte Ltd (APPH), Singapore from Carmichael Rail and Port Singa
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MSC Turkiye makes historic berth at Vizhinjam Port, marking milestone in I
Updated : 11 months, 1 week ago IST
Vizhinjam International Seaport, developed and operated by Adani Ports and SEZ Ltd (APSEZ), today welcomed one of the world's largest and most eco-friendly container vessels -- MSC Turkiye -- in a landmark moment for India's maritime industry. This marks the vessel's maiden call at an India
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Adani Group's Colombo Terminal commences operations
Updated : 11 months, 1 week ago IST
Adani Ports and Special Economic Zone Ltd (APSEZ) has announced the commencement of operations at the Colombo West International Terminal (CWIT), located at the Port of Colombo.
Mundra Port becomes India's first to handle 200 million tonne cargo
Updated : 11 months, 2 weeks ago IST
Mundra Port in Gujarat, the largest private port, has set a new benchmark by becoming the first Indian port to handle over 200 million metric tonnes of cargo.
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Fitch affirms Adani Ports' 'BBB-' Rating, removes from Rating Watch Negati
Updated : 1 year ago IST
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.
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Adani's Vizhinjam port gets environment clearance for next phases: Kerala
Updated : 1 year ago IST
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.
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Adani Ports well positioned for strong growth amid India's development pus
Updated : 1 year ago IST
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.
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Adani Ports logs 32% net profit growth in first three quarters of 2024-25
Updated : 1 year, 1 month ago IST
Adani Ports and Special Economic Zone Ltd on Thursday reported a 32 per cent growth in its net profit in the first three quarters of 2024-25. The net profit for the period -April to December 2024--was Rs 8038 crore versus Rs 6089 crore in the year-ago period, the company's earnings data show
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