New Delhi [India], October 9 (ANI): Experts believe stocks will be still in bearish mode as markets open up on Monday. The Indian equity markets are widely influenced by global cues, the macro environment and depending on the situation of stock exchanges' index like Dow Jones, it may continue to fall. The Nifty50 had fallen below the 17,100 mark on Friday.
Kochi (Kerala) [India], September 1 (ANI): The Kerala High Court on Thursday directed police protection to the employees and workmen of M/S Adani Vizhinjam Port Pvt Ltd, its contracting company, Howe Engineering Construction, and also for the free ingress and egress to the construction site.
New Delhi [India], July 4 (ANI): Adani group company Adani Ports and Special Economic Zone has handled the highest ever monthly cargo of 31.88 million metric tonne in the month of June 2022, a rise of 12 per cent on a year-on-year (y-o-y) basis.
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, especially in the hinterland.
Mumbai, November 24: Gautam Adani, founder and chairman of Adani Group, has become India’s and Asia’s richest person after surpassing Reliance Industries Limited (RIL) chairman Mukesh Ambani. According to reports, Gautam Adani’s wealth skyrocketed in the past 20 months to around USD 90 billion with a rise of over 1800 percent. On March 18, 2020, […]
New Delhi Oct 27 PTI Adani Ports and Special Economic Zone Ltd APSEZ on Wednesday said it has decided to exit its investment in Myanmar by June next year APSEZ the largest port developer in India is part of the globally diversified Adani Group The Board has decided to actively work on a plan on exiting Companys investment in Myanmar including divestment opportunities expected to be concluded by March - June 2022 APSEZ said in notes to its second quarter results In August this year APSEZ had said its investment in a port in Myanmar was not in violation of any sanction guidelines issued by the Office of Foreign Assets Control OFAC of the US Department of Treasury APSEZ believes that it is not in violation of any sanction guidelines issued by OFAC and has therefore applied to OFAC for a general license to operate the Port it had said The project had run into controversy after it was reported that APSEZ chief executive Karan Adani had in July 2019 met Senior General Min Aung Hlaing the army chief who led a coup against the elected government The Adani Group had previously said it had won the Yangon International Terminal project last year through a global competitive bid The project requires USD 290 million investment The land acquisition for the project was facilitated by the Myanmar Investment Commission led by U Thaung Tun its chairman and Minister of Investment and Foreign Economic Relations under the guidance of President Aung San Suu Kyis National League for Democracy government it had previously saidPTI BKS ABM ABM
Mumbai (Maharashtra) [India], Aug 24 (ANI): Equity benchmark indices closed over 0.7 per cent higher on Tuesday with metals and banking stocks gathering most of the gains.