Gautam Adani’s Infra Bet Pays Off
Adani Group chairman balances core sector investment and deleveraging following the Hindenburg meltdown.
Adani Group chairman balances core sector investment and deleveraging following the Hindenburg meltdown.
The acquisition will be done in an all-cash deal for $185 million and the transaction is expected to close within a month.
APSEZ MD Karan Adani says the port’s location could give APSEZ unprecedented access to mining hubs of Odisha and neighbouring states
Adani Ports announces a reshuffle in top leadership; current CEO Karan Adani designated as new MD
India's largest private ports operator handled 35.65 MMT of cargo volumes in December 2023.
AICTPL handles 300,431 TEUs across 97 vessels in November 2023, surpassing its record of 298,634 TEUs in 2021
Adani Ports has incorporated a wholly-owned subsidiary, Udanvat Leasing IFSC, with the objective of carrying out the business activity of owning and leasing aircraft
Karan Adani led series of acquisitions to make APSEZ a global player in ports.
“The grounds advanced by Deloitte for resignation as statutory auditor was not convincing or sufficient to warrant such a move,” says Adani Group Company.
The liquidity position at all Adani Group rated entities or restricted groups would benefit from cash flow generation from January 2023 to March 2024, says Fitch.