Until now, the lack of direct air connectivity to Mundra has posed challenges for time‑sensitive cargo, professionals, and investors, a gap Star Air now aims to bridge. Regional carrier Star Air has announced the launch of the first‑ever direct link between Hindon (Delhi NCR) and the port city of Mundra (Gujarat), as part of 70 new direct weekly flights in...
Tag: Adani Ports
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Shapoorji Pallonji divests Gopalpur port for Rs 33.5 bn
The Shapoorji Pallonji Group announced the sale of its Brownfield Gopalpur Port to Adani Ports and SEZ for an enterprise value of Rs 33.5 billion. This is the second port divestment in the last few months from the diversified construction and infrastructure, real estate and energy conglomerate. It had earlier divested its Dharamtar Port to...
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Adani Ports buy L&TÂ’s Kattupalli port
Adani Ports and Special Economic Zone of the Adani Group has completed acquiring 97 per cent stake of Marine Infrastructure Development
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GMR Group to develop commercial port at Kona
Adani Ports and Special Economic Zone, Navayuga Engineering Company and Bothra Shipping Services consortium also competed for the commercial port development project.
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Adani Ports Q3 net profit up 26percent
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.
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Adani PortsÂ’ Q3 net profit up 26percent to Rs 850 crore
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.
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Adani Ports to develop phase-III of Mundra Port for Rs 6,000 crore
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.
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Adani to invest Rs 49,000 cr to extend capacity of Gujarat ports
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.
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Adani Ports´ standalone net profit dips by 13.48%
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.
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Adani Ports standalone net profit dips by 13.48percent in Q2FY17
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. Its net profit stood at Rs 916.67 crore in Q2FY17 as against Rs 1,059.51 crore in the corresponding quarter of the previous financial year.