Adani Ports and Special Economic Zone, Navayuga Engineering Company and Bothra Shipping Services consortium also competed for the commercial port development project.

Adani Ports and Special Economic Zone of the Adani Group has completed acquiring 97 per cent stake of Marine Infrastructure Development

In what should have been a major story that was buried under other headlines, India achieved a significant milestone in its Digital India programme when 100,000-gram panchayats, or village councils, across the country were connected through a high-speed optical fibre network called BharatNet.

Adani Ports and Special Economic Zone (APSEZ) has reported a healthy 25.82 per cent jump in consolidated net profit to Rs 849.75 crore for the quarter ended December 2016, on the back of increased income. APSEZ is the country's largest port developer and the logistics arm of Adani Group.

Adani Ports and Special Economic Zone (APSEZ) has reported a healthy 25.82 per cent jump in consolidated net profit to Rs 849.75 crore for the quarter ended December 2016, on the back of increased income.

Adani Ports and SEZ Ltd will invest Rs 6,000 crore for the development of the third phase of Mundra Port. The upcoming capacity expansion of Mundra Port, touted as one of the top multi-purpose ports in the country in terms of traffic, would lead to employment generation for 600 people, sources said.

Adani Group Chairman Gautam Adani has announced that his company would invest another Rs 49,000 crore in Gujarat for expanding port capacity, and will set up cement plants. It is also planning a foray in the wind and solar power sectors over the next five years.

Adani Ports and Special Economic Zone Ltd (APSEZ) has said that its board has approved raising $500 million (over Rs 3,400 crore) by issuing foreign currency denominated bonds.

Adani Ports and Special Economic Zone (APSEZ) reported a 13.48 per cent drop in standalone net profit for the quarter ended September 30, 2016.