"Adani Ports"
Latest news and video coverage curated from trusted media outlets
You Might Like
Adani group sells Myanmar port at heavy discount of $30 millionAdani Ports and Special Economic Zone Ltd has completed the sale of its port in Myanmar for $30 million. The sale was initially announced in May 2022 and was delayed due to challenges in meeting..IndiaTimes - Published | |
S&P: Adani Ports debt buyback to cut refinancing riskAdani Ports and Special Economic Zone has announced a bond buyback up to $130 million to reduce refinancing risks, suggesting the possibility of healthy cash flow in the current fiscal year. The..IndiaTimes - Published | |
Adani Ports starts $130 million buyback of debt securitiesAdani Ports and Special Economic Zone has launched a debt securities buyback program aimed at repaying near-term loans due in 2024. The company has put a tender out on up to $130m of outstanding debt..IndiaTimes - Published | |
Adani Ports’ bonds rally as it mulls first buyback since attackIndiaTimes - Published | |
Adani Ports ends FY23 with 9% growth, largest port cargo volume everIndiaTimes - Published | |
Adani Ports completes acquisition of Karaikal PortIndiaTimes - Published Also reported by •Zee News | |
Seven Adani Group stocks end higher; Adani Enterprises jumps nearly 9%Out of the ten listed Adani Group stocks, seven ended in the positive territory on Wednesday, with Adani Enterprises rallying nearly 9 per cent.Shares of Adani Enterprises jumped 8.75 per cent, the..IndiaTimes - Published | |
Fitch says contagion risks loom over two Adani entitiesRatings agency Fitch said that Adani Transmission Ltd and Adani Ports and Special Economic Zone are prone to risks, according to a note released late on Tuesday. Seven listed firms of the Adani group..IndiaTimes - Published | |
Adani stocks fall on report of talks to extend loansAdani group stocks fell more than 9%, wiping out $6.4 billion in market value, on concerns over the Indian conglomerate's ability to repay its debts. Adani Ports and Special Economic Zone dropped below..IndiaTimes - Published | |
Meet Karan Adani, eldest son of Adani family with net worth of $1.2 billionKaran Adani is the son of Asia's Asia's richest man-a title once held by fellow Indian billionaire Gautam Adani. Karan is the CEO of Adani Ports and SEZ Ltd.DNA - Published | |
Adani says Mundra petchem work suspended as finances not tied-up yetEmbattled Adani Group on Monday said it has put on hold major equipment procurement and site construction activities for the Rs 34,900 crore petrochemical project at Mundra in Gujarat as the project..IndiaTimes - Published | |
Hindenburg Fallout: Adani Group Suspends Work On Rs 34,900 Cr Petchem ProjectThe group's flagship Adani Enterprises Ltd (AEL) had in 2021 incorporated a wholly-owned subsidiary, Mundra Petrochem Ltd for setting up a greenfield coal-to-PVC plant at Adani Ports and Special..Zee News - Published Also reported by •DNA | |
Adani Group pre-pays over $900 million worth share-backed financingPromoters of the group's flagship firm, Adani Enterprises will release 31 million shares, or a 4% stake, while Adani Ports' promoters will release 155 million shares, or an 11.8% stake, the group said..IndiaTimes - Published | Adani companies' shares rally; Adani Enterprises jumps 11%While Adani Ports stock rallied 7.96 per cent, Adani Transmission, Adani Green Energy and Adani Total Gas gained 5 per cent each. Adani Power jumped 4.99 per cent.IndiaTimes - Published |
Adani Ports to prepay Rs 1,000 crore on CPs due in March: ReportAdani Ports and Special Economic Zone, a group company of the beleaguered Adani Group, plans to prepay Rs 1,000 crore ($120.8 million) in commercial papers maturing in March, a company spokesperson..IndiaTimes - Published | Adani group firm repays Rs 1,500 crore in comeback strategyAdani group firm Adani Ports & SEZ paid Rs 1,500 crore loan and promised to repay more as the embattled conglomerate mapped a comeback strategy after a sellout triggered by a damning report by US-based..IndiaTimes - Published |
Adani Group firms climb in morning trade; Adani Enterprises jumps over 5%Shares of Adani Power jumped 4.97 per cent, Adani Ports advanced 3.82 per cent, Ambuja Cements (2.80 per cent) and ACC (2.11 per cent).IndiaTimes - Published | Maharashtra economic panel meets for 1st time; Adani, Ambani sons absentThe first meeting of Maharashtra's Economic Advisory Council (EAC) got off on Monday with presentations from both deputy chief minister Devendra Fadnavis and Tata Sons chairman N Chandrasekaran, who..IndiaTimes - Published |
Kerala to raise Rs 400 cr for Adani Ports as part of Vizhinjam agreementnewKerala.com - Published | Adani Group Firms Pledge More Shares for SBIAdani Ports and Special Economic Zone (APSEZ), Adani Transmission Ltd, and Adani Green Energy pledged shares to SBICAP Trustee Company, a unit of India's biggest lender, SBI.Zee News - Published Also reported by •IndiaTimes |
Adani vows more equity with SBI for Australia projectAdani Group chairman Gautam Adani has pledged more shares of his companies worth Rs 1,038 crore as collateral for the Carmichael coal mine and rail project in Australia as part of his credit line..IndiaTimes - Published | Norway wealth fund has sold its stakes in Adani companiesNorway's sovereign wealth fund has sold its stakes in three Adani Group companies worth just over $200 million since the start of the year, the world's largest stock investor said on Thursday. The..IndiaTimes - Published |
Adani ports mulls repaying $605 million debt to calm investorsGautam Adani's ports unit is considering to repay about 50 billion rupees ($604.6 million) of loans, as the beleaguered Indian tycoon seeks to trim debt after a short seller attack put his empire's..IndiaTimes - Published | Adani Ports, NDTV’s profit slips, Green & Ambuja’s upIndiaTimes - Published |
Adani Ports to pay off Rs 5,000 crore debt; to cut capexIndiaTimes - Published | Adani Ports Q3 net down at Rs 1,336.51 crorenewKerala.com - Published |
Adani Group to Pre-pay $1,114 Million for Release of Pledged Shares Ahead of Maturity in September 2024These shares belong to Adani Ports & Special Economic Zones, Adani Green Energy and Adani Transmission.Zee News - Published | In 1st rating action, S&P cuts outlook on 2 Adani companies to negativeIn the first rating action since the Hindenburg report, S&P has lowered the outlook on Adani Ports and Adani Electricity to negative from stable. The ratings agency cited the deterioration in the..IndiaTimes - Published |
S&P Global revises Adani Electricity, Adani Ports ratings to 'negative'newKerala.com - Published | S&P Global lowers Adani Ports, Adani Electricity's rating from stable to 'negative'The governance is "a relative weakness in our rating analysis of Adani Group entities," according to S&P.DNA - Published |
NSE, BSE put 3 Adani Group companies under short-term additional surveillance measureAs many as three Adani group companies, including Adani Enterprises, have come under short-term additional surveillance measure (ASM) framework of the BSE and NSE, according to the latest data..IndiaTimes - Published | Adani Enterprises shares tank 15%; most group firms also fallOther group firms also continued to remain weak for the 6th day in a row, with shares of Adani Ports declining 14 percent, Adani Transmission falling 10 percent.Zee News - Published |
Adani stocks fall sharply; Adani Transmission tumbles over 41% in 3 daysSince Tuesday's close last week, shares of Adani Transmission have tumbled 41.66 per cent, Adani Total Gas tanked 39.57 per cent, Adani Green Energy declined 37.55 per cent and Adani Ports fell 23.75..Zee News - Published | Mitessh Thakkar: BUY ICICI Lombard, Jubilant FoodWorks; SELL Godrej Properties and Adani PortsTopNews - Published |
At least 36 police personnel hurt in clashes with Adani port protestersAs many as 36 police were injured in clashes with protesters in Kerala who were demanding the release of a person arrested during a demonstration against a $900-million port project of the Adani Group,..IndiaTimes - Published | Adani Group’s cash generation ability underappreciated, M&G says“The businesses Adani is incubating and operating in -- ports, airports, rail, logistics -- they are real businesses that generate cash,” Vikas Pershad, a Singapore-based fund manager at M&G, said..IndiaTimes - Published |
Adani Ports acquires 49.38pc stake in Indian Oiltanking Ltd for Rs 1,050 crorenewKerala.com - Published Also reported by •IndiaTimes | Adani Ports Q2 profit rises 65%The company is on track to achieve its full year guidance of 350-360 million metric tonnes (MMT) cargo volumes and EBITDA of Rs 12,200-12,600 crore, Adani added.IndiaTimes - Published |
Mitessh Thakkar: BUY Adani Ports, Eicher Motors, PFC and Coal IndiaTopNews - Published | Adani’s ascent boosts India’s clout in emerging-market equitiesEight firms controlled by Adani’s ports-to-power conglomerate, including recent cement acquisitions, have contributed more than a fifth of the 109-member MSCI India Index’s surge since end-June,..IndiaTimes - Published |
Adani beats Tatas to be most valued groupWith a market capitalisation of Rs 20.74 lakh crore (about $260 billion), Adani Group emerged as the most valued business house in India on Friday, moving slightly ahead of Tatas (Rs 20.7 lakh crore)...IndiaTimes - Published | Adani Ports to enhance capacity of Bengal's Haldia docknewKerala.com - Published |
Kerala HC seeks State Attorney's reply on contempt petition of Adani PortsnewKerala.com - Published | Adani Ports enters Bengal with Rs 298 crore Haldia projectAdani Ports and Special Economic Zone (APSEZ) subsidiary HDC Bulk Terminal Ltd will modernise the Haldia port in West Bengal at an estimated cost of Rs 298 crore, marking the Ahmedabad-based..IndiaTimes - Published |
Adani’s empire ‘deeply overleveraged,’ Fitch report warnsBillionaire Gautam Adani’s ports-to-power conglomerate is “deeply overleveraged,” with the group investing aggressively across existing as well as new businesses, predominantly funded with debt,..IndiaTimes - Published | Mitessh Thakkar: BUY Ambuja Cement, Adani Ports, Bosch and GAILTopNews - Published |
