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Adani Ports' net profits in 2022-23 up 9 pc to Rs 5,393 crore
Updated : 2 years, 9 months ago IST
The Adani company's revenue increased 40 per cent in the January-March quarter to Rs 5,797 crore, and 22 per cent in the entire year 2022-23 to Rs 20,852 crore.
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Adani Ports records highest-ever rail cargo of over 120 MT in FY22-23
Updated : 2 years, 10 months ago IST
The company said it was committed to providing end-to-end logistics. Under the General Purpose Wagon Investment Scheme (GPWIS) of Indian Railways, cargo handled by rail has grown by 62 per cent year-on-year (YoY), the company said, adding, "Mundra Port handled over 15,000 container trains in
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Adani to build India's first Integrated data centre and tech business park
Updated : 2 years, 10 months ago IST
The investments will be on top of the Rs 20,000 crore already invested in the state, which created more than 18,000 direct and 54,000 indirect jobs, according to a statement from the Group.
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APSEZ completes sale of Myanmar Port at USD 30 million
Updated : 2 years, 10 months ago IST
In May 2022, APSEZ announced the signing of a share purchase agreement (SPA) for the sale of its Myanmar Port. The SPA had certain condition precedents (CPs), including completion of the project and relevant approvals for the smooth conduct of business by the buyer.
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Cargo volumes at Adani Ports rise 13 pc in April 2023
Updated : 2 years, 10 months ago IST
Adani Ports and Special Economic Zone Ltd (APSEZ) handled 32.3 million tonnes of total cargo in April 2023, a yearly growth of 12.8 per cent.
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Cyril Amarchand Mangaldas advises APSEZ on acquisition of KPPL under IBC
Updated : 2 years, 11 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], April 11 (ANI/BusinessWire India): Cyril Amarchand Mangaldas acted as legal counsel for Adani Ports And Special Economic Zone Limited (APSEZ), in relation to the acquisition of Karaikal Ports Private Limited (KPPL), a company undergoing corporate inso
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Tribunal approves acquisition of Karaikal Port by Adani Ports and Special
Updated : 2 years, 11 months ago IST
Earlier, APSEZ was declared as the successful resolution applicant under the Corporate Insolvency Resolution Process (CIRP) of KPPL. The amount considered for the acquisition is Rs 1,485 crore.
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APSEZ, IOCL ink deal to expand crude oil volume at Mundra port
Updated : 4 years ago IST
Ahmedabad (Gujarat) [India], March 8 (ANI): Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said it has signed an agreement with Indian Oil Corporation Limited for augmenting crude oil volumes of the government-run firm at Mundra port.
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Adani Ports & SEZ sets the tone for India's maritime expansion
Updated : 4 years ago IST
New Delhi [India], February 15 (ANI): Adani Ports & SEZ Limited (APSEZ), which reported a 22 per cent growth in cargo volume during the first nine months of the current financial year, on Tuesday announced that it has outlined plans to develop a country-wide network and infrastructure, e
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Adani Group clarifies MSCI action on climate change indices
Updated : 4 years, 3 months ago IST
New Delhi [India], November 29 (ANI): Adani Group has expressed disappointment by MSCI's decision to drop Adani Ports and Special Economic Zone (APSEZ) from some of its climate change indices.
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APSEZ not to handle EXIM containerized cargo from Iran, Pakistan, Afghanis
Updated : 4 years, 5 months ago IST
Gandhinagar (Gujarat) [India], October 11 (ANI): Adani Ports and Special Economic Zone (APSEZ) has issued a trade advisory stating that it will not handle Export-Import (EXIM) containerized cargo originating from Iran, Pakistan and Afghanistan with effect from November 15 till further notice
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APSEZ has no policing authority over cargo passing through terminals at po
Updated : 4 years, 5 months ago IST
New Delhi [India], September 21 (ANI): Days after the Directorate of Revenue Intelligence (DRI) seized over 3,000 kg heroin and arrested two persons from Mundra Port in Gujarat, the Adani Group which manages the Mundra Port, on Tuesday said that Adani Ports and Special Economic Zone Limited
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