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KARAIKAL PORT
Adani Ports completes acquisition of Karaikkal PortThis development follows the approval of the group's resolution plan by the National Company Law Tribunal (NCLT).01 Apr, 2023, 04.41 PM IST- Adani Ports wins Karaikal bid with ₹1,200-crore offerBidding for the port was conducted under the Insolvency and Bankruptcy Code (IBC) guidelines. The lenders to Karaikal Port met last week to...02 Dec, 2022, 12.30 AM IST
- Adani, Vedanta co send in bids for Karaikal portKariakal Port defaulted on loans of ₹2,960 crore. It was admitted for insolvency proceedings on April 29 by the Chennai bench of the nation...03 Oct, 2022, 12.36 AM IST
- Vedanta, Adani, JSW Infra, submit EOIs for Karaikal PortThe NCLT’s Chennai bench had admitted Karaikal Port for insolvency proceedings via an order dated April 29, following an application made b...02 Aug, 2022, 10.40 PM IST
- Karaikal Port admitted for insolvency, Adani Ports & SEZ frontrunnerIn a rare instance, the National Company Law Tribunal heard and admitted a case for insolvency same day the lender, Omkara Asset Reconstruc...29 Apr, 2022, 10.14 AM IST
- Disembarkation of crew from China ships won't be allowed in IndiaIndian port authorities have decided not to allow the disembarkation of crew of ships from China, as well as Hong Kong, Macau, Thailand and...14 Feb, 2020, 01.06 PM IST
- Edelweiss ARC revives Karaikal Port, plans LNG terminal to monetise operationsThe decision will push back any stake sale deal being run by the PE (private equity) investors looking to exit their five-year old investme...26 Sep, 2017, 02.00 PM IST
- Adani Group looks at Karaikal, two other ports for business expansionAdani Ports & Special Economic Zone (APSEZ) is looking at ports in Karaikal, Kattupalli and Gangavaram with the intention of acquiring one ...15 Jul, 2015, 06.59 PM IST
- PPCC gives deadline to Karaikal port company to comply to directiveThe port, which was commissioned in 2009 has been handling a huge quantity of cargo. At present the port has dust suppression screens to co...11 Jul, 2015, 06.12 PM IST
- TPG Capital walks away from Karaikal port talksTPG Capital firm wants a lower valuation of Puducherry based Karaikal Port and seeks to factor in the risks.13 Jan, 2014, 04.00 AM IST
- Ruias' Essar Ports, US giant TPG capital in race for acquiring Karaikal PortEssar Ports and US private equity giant TPG Capital are in the fray to acquire a majority stake in Karaikal Port.16 Aug, 2013, 03.42 PM IST
- India Rating downgrades Karaikal PortIndia Rating and Research on Monday downgraded Marg Group owned Karaikal Port's bank loans worth Rs 1884 crore to IND C from IND BB.01 Apr, 2013, 04.41 PM IST
- Standard Chartered PE pumps in Rs 130 crore in Marg Karaikal PortStandard Chartered Private Equity has invested Rs 130 cr in all weather MARG Karaikal Port for an undisclosed minority stake both through p...27 Jun, 2012, 07.51 PM IST
- MARG stake in Karaikal Port down 8% post Jacob Ballas' recent investment: CrisilThe equity stake held by MARG in the all-weather MARG Karaikal Port may have come down to 62% from 70% earlier, after a recent investment b...21 May, 2012, 02.28 PM IST
- PE Firm Jacob Ballas to invest Rs 200 crore in Karaikal Port Pvt LtdMarg Ltd promoted Karaikal Port Private Limited on Wednesday said that private equity firm, Jacob Ballas, backed by New York Life Internati...02 May, 2012, 06.19 PM IST
- Ascent Capital to invest Rs 200 crore in Karaikal portPrivate equity firm Ascent Capital would invest Rs 200 crore in Karaikal Port, as part of Karaikkal Port expansion plans.16 Sep, 2011, 02.24 PM IST
- Karaikal Port to get 150 cr equity from IDFC fund04 Apr, 2010, 10.40 PM IST
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