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Adani Ports and SEZ completes acquisition of Krishnapatnam Port Co for Rs 12,000 crore
The company acquired controlling stake of 75 per cent in India's second largest private sector port and said the acquisition will accelerate handling of 500 million tonnes (MT) throughput by 2025.
ICRIER urges the government to develop cross-border special economic zones
In order to make these zones attractive for investments and export...
NCLAT upholds Adani group's Adani Ports & Special Economic Zone's takeover of Dighi Port
The appellate tribunal rejected Kalantri's submissio...
GST Network issues FAQs on invoicing scheme ahead of Oct 1 launch
The GST Network issued clarifications through frequently asked questions on Monday, ahead of the October 1 launch of the scheme for businesses with more than Rs 500 crore turnover. The scheme will introduce a standard invoicing standard for all companies.
CCI approves acquisition of Krishnapatnam Port Co by Adani Ports and Special Economic Zone
Fair trade regulator CCI on Wednesday said it has given its nod to acquisition of Krishnapatnam Port Company Ltd by Adani Ports and Special Economic Zone Ltd.
GMR Infra sells 51% stake in Kakinada SEZ to Aurobindo Realty for Rs 2,610 crore
As part of the proposed transfer of stake of KSEZ, the 100 per cent equity stake of Kakinada Gateway Port Ltd held by KSEZ would also be transferred to Aurobindo Realty,a press release from the infra major said.
TCS deploys digital solution remotely to help Adani Ports transform Mundra operations
APSEZ operates 11 ports and terminals that represent 24 per cent of India's port capacity. As part of the company's growth and transformation journey, it chose TCS to deploy the DynaPORT solution at the Mundra terminal, a multipurpose port that serves as a major economic gateway.
Govt amends IRDAI rules to permit insurance intermediaries to operate in all SEZs
Where the IRDAI’s Regulation of Insurance Business in Special Economic Zone Rules, 2015, did not mention intermediaries, the authority’s 2019 guidelines for intermediaries specified operations in International Financial Services Centre (IFSC) and not all SEZs.
Adani Green Energy's market valuation crosses Rs 1 lakh cr mark
Its shares closed at Rs 670.65, with a gain of 4.99 per cent on the BSE. The closing price was also its 52-week high. It was the third consecutive day of gain for Adani Green Energy.
Agartala-Akhaura railway project is now under execution: Railways Minister Piyush Goyal
Railways Minister Piyush Goyal said that the distance between Tripura and Kolkata would be reduced by 1,100 km. The Indian Railways are working on connecting capitals of all eight northeastern states.
Adani Ports & SEZ raises Rs 900 crore through NCDs
The country's largest integrated logistics player APSEZ has 11 strategically located ports and terminals - Mundra, Dahej, Kandla and Hazira in Gujarat, Dhamra in Odisha, Mormugao in Goa, Visakhapatnam in Andhra Pradesh, and Kattupalli and Ennore in Chennai.
GIFT City seeks to boost FDI, spur bullion trades
While the park will initially be used to back up physical deliveries of financial transactions primarily in gold trades, it will also facilitate deliveries of other precious metals such as silver and platinum.
These are analysts’ most-loved stocks on Dalal Street: Own any?
At the top of the list is private lender ICICI Bank, which is among the world’s most widely-tracked stocks. The bank has 28 ‘strong buy’ ratings – the highest for any Indian company, on the publicly available Reuters Eikon database. It also has 17 ‘buy’ ratings.
Market Movers: Telcos bleed; Dixon logs another high; 82 stocks blink ‘sell’
Telecom stocks were hammered the most, as their subscriber bases declined for the third month in a row. Midcaps and smallcaps took a major beating. While benchmark Sensex dropped 0.1 per cent to close at 38.365, peer Nifty shed 0.3 per cent to end at 11,317.
Adani Ports on way to handling 400 MT cargo by 2025: CEO Karan Adani
Adani Ports and Special Economic Zone (APSEZ), part of the globally diversified Adani Group which is the largest integrated logistics player in India, had achieved cargo throughput of 223 MT in the last fiscal.