Global investor consortium lines up Rs 2,100 crore investment in SP GroupShapoorji Pallonji group is set to receive over Rs 2,100 crore from global investors led by Deutsche Bank. The funds will aid in upcoming I...
19 Sep, 2024, 12.23 PM IST
Odisha Cabinet approves 10% reservation and physical tests exemption for ex-Agniveers in uniformed servicesChief Minister Mohan Charan Majhi-led Odisha cabinet has approved the proposal for providing 10% reservation and exemption from physical te...
13 Sep, 2024, 09.47 AM IST
Adani Ports tops global peers in market value as cargoes surgeAdani Ports & Special Economic Zone Ltd.’s market capitalization has climbed to about $37 billion, overtaking peer Beijing-Shanghai High-Sp...
18 Jun, 2024, 12.15 PM IST
Penna buy to cut logistics costs for Adani Cements: CFO Vinod BahetyAdani Cements uses the sea route for some transportation at Sanghi Industries and Ambuja Cements. "The plan for sea logistics will mature n...
15 Jun, 2024, 06.34 AM IST
Ambuja Cement acquire 100% stake in Penna Cement for Rs 10,422 croreAmbuja Cement, a company owned by Adani group, has signed a definitive agreement to acquire Hyderabad-based Penna Cement at an enterprise v...
13 Jun, 2024, 07.30 PM IST
Adani Ports guides for Rs 10,500-11,500 cr capex in FY25, banks on Gopalpur Port to achieve 500 MMT cargo volumesAdani Ports and Special Economic Zone (APSEZ) plans a capital expenditure of Rs 10,500-11,500 crore in FY25. Acquisition of Gopalpur Port a...
02 May, 2024, 01.53 PM IST
Shapoorji Pallonji Group sells Gopalpur Port to Adani PortsThis is the second port divestment in recent months by the construction and infrastructural conglomerate, following the earlier sale of Dha...
27 Mar, 2024, 12.55 AM IST
Gautam Adani adds another piece to his string-of-pearls strategyAdani Ports strengthens its dominance with the acquisition of Gopalpur Port, projecting significant growth in cargo handling and revenue. T...
26 Mar, 2024, 05.35 PM IST
Adani Ports acquires 95% of Odisha's Gopalpur Port from SP Group for Rs 3,080 croreAdani Ports and Special Economic Zone (APSEZ) announced the acquisition of a 95% stake in Odisha's Gopalpur Port (GPL) for an equity value ...
26 Mar, 2024, 10.06 AM IST
SP Group plans to repay Goswami Infra debt by listing AfconsAs part of its debt repayment strategy, Goswami Infratech has floated a plan to repay debenture holders with ₹7,000 crore, leveraging the m...
04 Mar, 2024, 05.58 AM IST
Fundamental Radar: What makes Adani Ports a preferred bet in transportation space? Amit Agarwal explainsAdani Ports and Special Economic Zone experienced a 23% growth in cargo volumes, reaching 311 million tonnes during the nine months ended D...
11 Jan, 2024, 10.07 AM IST
Shapoorji Pallonji firm faces bond yield spike on asset sale concernsConcerns revolve around the mandatory prepayment clause, including coupon step-ups and utilising proceeds from the monetisation of assets l...
09 Jan, 2024, 06.11 AM IST
Adani Ports to raise $600 million via non-convertible debenturesThe company, which operates 13 ports and terminals in the country including its largest container handling port, Mundra in the western Indi...
12 Dec, 2023, 02.41 PM IST
Adani closing in to buy Shapoorji Pallonji Group's Gopalpur Ports in OdishaSP Group owns 56% of the all-weather deep-draft port. Due diligence underway; Upto Rs 1200 cr equity valuation likely. Port also has long-t...
08 Dec, 2023, 04.46 PM IST
Adani Ports shares surge over 2% amid company's bid to acquire Gopalpur PortsAdani Ports is in advanced talks to acquire Shapoorji Pallonji Group’s (SP) Gopalpur Ports as part of a neatly woven string-of-pearls strat...
07 Dec, 2023, 11.38 AM IST
JSW infra in talks to buy SP Group arm Gopalpur Ports for Rs 3,000 croreJSW Infrastructure is in discussions to acquire Gopalpur Ports, the ports arm of Shapoorji Pallonji, for an estimated enterprise value of 3...
26 Oct, 2023, 08.39 AM IST
Paradip Port Trust gears up to take on Adani Ports, plans to double capacity to 270.50 million tonnesThe state-run Paradip Port Trust held a road show to attract investment of Rs. 15,100 crore on Friday to more than double current capacity ...
14 Jun, 2014, 09.54 PM IST