Vizhinjam International Seaport is set to transition from a transshipment hub into a comprehensive international cargo gateway, with full-fledged export-import (EXIM) operations scheduled to commence on August 18.
Kerala Chief Minister V. D. Satheesan expressed dissatisfaction over the Adani Group’s announcement that Mediterranean Shipping Company will invest in Adani Vizhinjam Port Private Limited (AVPPL), the concessionaire and operating company of the Vizhinjam International Seaport.
Adani Ports & Special Economic Zone (APSEZ) informed the stock exchange that it acquired a 100% stake in Jaypee Fertilisers & Industries Ltd (JFIL) from Jaiprakash Associates for Rs 1,500 crore under the insolvency resolution process approved by the National Company Law Tribunal (NCLT).
Adani Ports and Special Economic Zone (APSEZ) officially announced here on Thursday that it posted a 10 per cent year-on-year (YoY) rise in consolidated net profit to Rs 3,329 crore for the March quarter (FY26 Q4), driven by robust cargo volumes and strong operational performance.
The partnership proposes the creation of an IMEC Ports Club to strengthen coordination among key ports along the India-Middle East-Europe Economic Corridor (IMEC) route, reinforcing connectivity between India and the European Union.
Adani Group shares saw a bullish trend on Tuesday, as buying was seen in almost all of the group's stocks, led by Adani Green Energy and Adani Power.
The Adani Mundra Cluster will become one of the world’s largest integrated green hydrogen hubs, with a planned capacity of 1 million metric tonnes per annum (MMTPA) of green hydrogen production by 2030, expanding up to 3 MMTPA by 2040.
Adani Ports and Special Economic Zone (APSEZ) on Friday announced its acquisition of an 80 per cent stake in global offshore support vessel operator Astro Offshore for $185 million in an all-cash deal.
Adani Ports and Special Economic Zone Limited (APSEZ) on Monday said it has made it to the honour list of the Institutional Investor Asia Pacific (ex-Japan) Executive Team Survey and in the transportation sector, the Adani Group company is the only Indian firm to feature on the list, at the second rank.
With these approvals, the company will be able to nearly double capacity to 514 million tonnes.
