In a fresh regulatory blow to the Adani Group, India’s market regulator, the Securities and Exchange Board of India (SEBI), has issued show-cause notices to six companies within the conglomerate. The notices, filed under scrutiny for non-compliance with listing regulations and questionable related party transactions, affect several of Adani’s prominent companies, including Adani Enterprises, Adani […]
Rorix Holdings and Adani Ports and Special Economic Zone Limited have signed a monumental Memorandum of Understanding (MOU) that could dramatically alter the global commodities market. This strategic partnership, announced during the UAE-India Business Forum, brings together Rorix Holdings, a global leader in trade facilitation and finance based in Abu Dhabi, with Adani Ports, India’s […]
Adani Ports and Special Economic Zone Ltd, India’s largest port developer and operator, has signed a pivotal concession agreement with the Deendayal Port Authority to develop a new multipurpose terminal at Deendayal Port in Kandla, Gujarat. This agreement marks a significant expansion of Adani Ports’ operations and is set to increase cargo handling capacity on […]
Adani Ports & SEZ has officially announced the arrival of the first mother ship at its Vizhinjam port, a landmark event that positions India prominently on the global transshipment map. This historic moment was inaugurated by Shri Pinarayi Vijayan, the Chief Minister of Kerala, with Shri V. N. Vasavan, the Minister for Ports, Kerala, presiding […]
Adani International Ports Holdings Pte Ltd. (AIPH), a subsidiary of Adani Ports and Special Economic Zone Ltd. (APSEZ), has signed a 30-year concession agreement to operate and manage Container Terminal 2 (CT2) at the Dar es Salaam Port in Tanzania. This strategic move is part of APSEZ’s broader ambition to become one of the world’s […]
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, part of the globally diversified Adani Group, has witnessed a significant leadership transition. The company has promoted CEO Mr. Karan Adani to the role of Managing Director, a position previously held by Mr. Gautam Adani, Chairman of the Adani Group. In […]
In a strategic move to enhance infrastructure and promote economic development, the U.S. International Development Finance Corporation (DFC) has committed a substantial investment to the tune of $553 million. This funding is allocated for the Colombo West International Terminal Pvt. Ltd. (CWIT) — a collaboration between India’s Adani Ports, Sri Lanka’s John Keells Holdings, and […]