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Wednesday, November 6, 2024
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adani ports

Adani Ports & SEZ To Develop Multipurpose Berth At Gujarat’s Kandla Port

Adani Ports & SEZ To Develop Multipurpose Berth At Gujarat’s Kandla Port

11 Sep 2024

Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest port developer and operator, has announced a significant new development at Deendayal Port, Kandla, Gujarat. The company has finalized a concession agreement with DPA to develop Berth No. 13, marking a major expansion of its operations in the region. APSEZ...

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APSEZ acquires 80% stake in global OSV operator Astro Offshore for USD 185 Mn

APSEZ acquires 80% stake in global OSV operator Astro Offshore for USD 185 Mn

30 Aug 2024

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has entered into a definitive agreement to acquire 80% stake in Astro, in an all-cash deal for USD 185 million, implying an EV of USD 235 million and EV / FY25E EBITDA at 4.4x. The transaction...

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APSEZ kicks Off FY25 With A strong 47% PAT Growth In Q1

APSEZ kicks Off FY25 With A strong 47% PAT Growth In Q1

01 Aug 2024

Adani Ports and Special Economic Zone Ltd (“APSEZ”) today announced its results for the quarter ending 30 June, 2024. “FY25 has begun on a strong note for us with stellar performance on both financial and growth fronts. On the financial front, we posted all-time high earnings. But for the temporary...

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APSEZ shines in World Bank’s global container port rankings

APSEZ shines in World Bank’s global container port rankings

20 Jun 2024

Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest port developer-cum-operator, has again demonstrated its excellence on the global stage with four of its ports featured in the prestigious Container Port Performance (CPP) Index 2023. While Mundra port was ranked 27, Kattupalli came in at number 57, Hazira at...

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APSEZ Strengthens Its ESG Leadership, Gains Recognition For Climate Initiatives

APSEZ Strengthens Its ESG Leadership, Gains Recognition For Climate Initiatives

14 Jun 2024

APSEZ has been recognized by CDP for its exceptional efforts in tackling climate change and implementing best practices across its supply chain through a robust engagement program. The award was presented at the 'Climate Action in India: Role of Businesses & Supply Chain’ ceremony, co-hosted by the Federation of Indian...

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Sensex And Nifty Hit All-Time Highs Amid Expectations Of Modi’s Victory

Sensex And Nifty Hit All-Time Highs Amid Expectations Of Modi’s Victory

03 Jun 2024

The stock market saw a historic surge at the start of the week, hitting record highs fueled by optimistic investor sentiment following exit polls predicting a clear victory for the BJP-led NDA coalition. This surge saw the Sensex climb by 1859.88 points to open at an unprecedented 75,821.19, while the...

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 Adani Ports Signs 30-year Concession to Operate Container Terminal 2 at Dar Es Salaam Port

 Adani Ports Signs 30-year Concession to Operate Container Terminal 2 at Dar Es Salaam Port

31 May 2024

 Editor’s Synopsis Concession marks entry of Adani Ports into Tanzania CT2 has a capacity of 1 million TEUs and handles ~83% of Tanzania’s container volume Dar es Salaam Port is a gateway port with a well-connected network of roadways and railways Adani Ports led consortium will acquire the project company...

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Largest Container Ship To Arrive In India Drops Anchor At Adani Ports, Mundra

Largest Container Ship To Arrive In India Drops Anchor At Adani Ports, Mundra

27 May 2024

Mundra Port, the flagship of Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port and logistics company, has created yet another record by welcoming the largest container ship ever to call at an Indian port. The vessel, MSC Anna, docked on 26 May, marking a significant milestone for...

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APSEZ FY24 net profit jumps 50%

APSEZ FY24 net profit jumps 50%

02 May 2024

Adani Ports and Special Economic Zone Ltd (“APSEZ”) today announced its results for the quarter and twelve months ending 31 March, 2024. “FY24 has been a year of many new milestones for APSEZ on both operational and financial metrics. APSEZ outperformed its upper end of guidance provided at the beginning...

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APSEZ Secures AAA Rating – India’s First Private Infrastructure Developer With AAA

APSEZ Secures AAA Rating – India’s First Private Infrastructure Developer With AAA

01 May 2024

Adani Ports and Special Economic Zone (APSEZ), proudly announces its elevation of its credit rating to AAA by CARE Ratings. This is the highest possible rating given to any issuer in India by credit rating agencies, signifying APSEZ’s strongest level of credit worthiness and the ability to fulfill all its...

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