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The Indian-flagged crude tanker Jag Laadki safely docked at Adani Ports Mundra, carrying ~80,886 tonnes of UAE crude oil. The shipment supports refinery operations amid regional supply challenges, following safe passage of LPG carriers through the Strait of Hormuz
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Sensex and Nifty rebounded after two days of declines, rising on value-buying. Several major stocks gained while some lagged. Asian markets were mostly negative, FIIs continued selling, DIIs bought heavily, and Brent crude inched up as previous sessions saw sharp index drops
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APSEZ breaks ground on Kalamassery project featuring smart logistics, EV charging, and digital integration
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The MSC IRINA — the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity — boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping
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Vizhinjam is India’s first dedicated transshipment port and also the country’s first semi-automated port. The deep-water port has been developed by Adani Ports and Special Economic Zone Ltd
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The BSE benchmark Sensex gained 230.02 points, or 0.29%, closing at 80,234.08. It had earlier surged by 507.09 points, or 0.63%, to reach 80,511.15 during the day. The NSE Nifty rose by 80.40 points, or 0.33%, ending at 24,274.90. Among the 30 Sensex stocks, Adani Ports saw a 6% rise, while other gainers included NTPC, HDFC Bank, Bajaj Finance, Maruti, and Axis Bank.
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Adani Green Energy dropped 10.95 per cent and Adani Energy Solutions tumbled 8.57 per cent to hit the 52-week low of Rs 637.85 on the BSE
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Stock of the group's flagship firm Adani Enterprises plunged 22.99 per cent, Adani Ports dived 20 per cent, Adani Energy Solutions tanked 20 per cent
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Hyderabad: Adani Ports and Special Economic Zone (APSEZ) through its subsidiary, The Adani Harbour Services Limited (TAHSL), has entered into a definitive agreement for acquisition of 100 per cent stake in Hyderabad-based Ocean Sparkle Limited (OSL). OSL is a third-party marine services provider. Key activities carried by it include towage, pilotage, and dredging. OSL has […]
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Shares of Adani Transmission dived 5 per cent, Adani Total Gas Ltd dipped 5 per cent, Adani Power slumped 4.97 per cent and Adani Green Energy declined 3.10 per cent.
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The acquisition is valued at Rs 3,604 crore and subject to regulatory approvals.
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The Warburg Pincus arm would pick up 0.49 per cent stake in the Adani Group entity with the investment.
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The notes are expected to be rated Baa3 by Moody's Investors Service, BBB-minus Standard & Poor and BBB-minus by Fitch Ratings.
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The company acquired controlling stake of 75 per cent in India's second largest private sector port.