Adani Ports and Special Economic Zone on Thursday reported that its Profit After Tax or net profits during the just-concluded financial year 2023-24 grew by a whopping 50 per cent to Rs 8,104 crore. In 2022-23, they were at Rs 5,391 crore.
The company announced that it achieved its highest ever monthly cargo volumes, exceeding 38 MMT in March 2024. Ten of APSEZ ports and terminals handled record cargo volumes- Mundra 180 MMT, Tuna 10 MMT, Hazira 26 MMT, Mormugao 5 MMT, Karaikal 12 MMT, Ennore 13 MMT, Kattupalli 12 MMT, Krishna
According to a press release by Adani, Gopalpur Port, situated on the east coast of India, boasts a handling capacity of 20 Million Metric Tons Per Annum (MMTPA) and serves as a hub for the transportation of dry bulk cargo, including iron ore, coal, limestone, ilmenite, and alumina.
Delhi L-G VK Saxena has given the go-ahead for setting up a Special Economic Zone (SEZ) / Free Trade Zone (FTZ), at the Indira Gandhi International Airport over an area of five acres, a move that will give a major economic boost to the Capital, the LG Office said in a press release.
Union Commerce Minister Piyush Goyal has announced the extension of the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme support to additional export sectors in New Delhi on Friday.
Saleh Hamood Al Hasani, the advisor to the Chairman Public Authority for Special Economic Zones and Free Zones in Oman, hailed the ties between New Delhi and Muscat and said that Indian investment will drive growth in multiple sectors.
Adani Ports and Special Economic Zone Ltd (APSEZ) has secured the top position for its climate actions and environmental performance in assessments done by four global rating agencies.
Mumbai (Maharashtra)/ New Delhi [India], February 9: Cyril Amarchand Mangaldas played a key role as counsel to the issuance of listed, secured Non-Convertible Debentures of up to INR 500 crore on a private placement basis ("NCDs") by Adani Ports And Special Economic Zone Limited. This issuan
Adani Ports and Special Economic Zone (APSEZ) has elevated CEO Karan Adani to the role of Managing Director, a position previously held by Gautam Adani, Chairman of the Adani Group.
Adani Ports and Special Economic Zone (APSEZ) handled 35.65 million tonnes of cargo with a strong 42 per cent year-on-year (YoY) increase in December 2023.