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SECTOR | 29 Jan 2025

Adani, JSW, investors eye Arshiya Ltd's assets amid insolvency process

Business Standard

Adani Ports, JSW Infrastructure, and key investors express interest in acquiring Arshiya Ltd, a logistics firm undergoing insolvency resolution with liabilities over Rs 6,647 crore

Infrastructure

SECTOR | 28 Jan 2025

Adani Group commits Rs 2.3 trillion investment in Odisha over next 5 years

Business Standard

Adani Group on Tuesday committed to investing Rs 2.3 lakh crore over the next five years across power, cement, industrial parks, aluminium and city gas expansion in Odisha. According to a statement by the group, the investment commitment was made during Utkarsh Odisha 2025 - the state's investor meeting. Karan Adani, Managing Director of Adani Ports and SEZ Limited (APSEZ), met state Chief Minister Mohan Charan Majgi and exchanged MoUs for investment in Odisha over the next five years, it added. "The Adani Group committed to invest Rs 2.3 lakh crore over the next five years across power, cement, industrial parks, aluminium, city Gas etc," the statement said. It, however, did not give details. "This is the biggest investment intent by any group in Utkarsh Odisha 2025." Also, the first test flight landed at Dhamra Airstrip successfully on Tuesday. Additionally, on the occasion of Utkarsh Odisha, six projects of ATGL in Odisha were commissioned. These include an EV charging station

Infrastructure

SECTOR | 23 Jan 2025

Wadhawan Port To Take India Into Top 10 Global Container Ports By 2034

NDTV Profit

The minister said major ports now handle 820 mega tonnes of cargo annually, 47% up from 2014. Port capacity has doubled to 1,630 MT.

Infrastructure

SECTOR | 22 Jan 2025

Adani Group Companies' Q3 Result Schedule Check Key Dates

NDTV Profit

The bulk of Adani Group earnings will arrive next week, with the likes of Adani Enterprises, Adani Power, Ambuja Cements and Adani Ports.

Infrastructure

SECTOR | 21 Jan 2025

Sonowal launches projects worth Rs 2,000 cr to expand capacity at JNPA

Business Standard

Union Ports, Shipping and Waterways minister Sarbananda Sonowal on Tuesday launched multiple projects worth nearly Rs 2,000 crore in order to expand capacity at the Jawaharlal Nehru Port (JNPA), according to an official statement. The statement further said JNPA is amongst top global ports and India's largest port. It has crossed 10+ million TEUs (twenty-foot equivalent unit) capacity in January 2025 and is poised to achieve 10 million TEUs throughput by 2027. In 2024, the port handled highest ever container volume of 7.05 million TEUs, performing at more than 90 per cent capacity, it added. According to the statement, it had an annual growth of 11 per cent Y-o-Y last year as compared to the previous calendar year. "The upgradation of Nhava Sheva Freeport Terminal (NSFT) in 2025 is also likely to add capacity to the port," the statement said. Major MoUs (memorandums of understanding) were signed in the presence of Sonowal for the development of the Vadhavan Port Project. "A MoU .

Reliance Industries signs MoU to invest Rs 645 cr in Vadhvan port project

Business Standard | 21 Jan 2025 1 more

Infrastructure

SECTOR | 20 Jan 2025

Infra Sector Needs Rs 15 Lakh Crore Annual Outlay To Achieve Viksit Bharat Target: Mandaviya

NDTV Profit

This assumes significance in view of India's 100 years of independence in 2047 and the government's goal of 'Viksit Bharat@2047'.

Infrastructure

SECTOR | 18 Jan 2025

People from 11 nations to discuss biz strategy at Maritime India Conference

Business Standard

Union Minister for Ports, Shipping & Waterways Sarbananda Sonowal will address the event, organiser FICCI said in a statement

Infrastructure

SECTOR | 16 Jan 2025

Adani group stocks rally as Hindenburg shuts shop, NDTV surges over 9%

Business Standard

Adani group stocks rallied on Thursday after Hindenburg Research, which made international waves with campaigns targeting billionaire Gautam Adani that wiped billions from market value of his group companies, founder Nate Anderson announced its shutdown. Shares of NDTV surged 9.15 per cent, Ambuja Cements jumped 3.88 per cent, Adani Green Energy rallied 3.35 per cent, Sanghi Industries climbed 3.34 per cent and Adani Power went up by 2.45 per cent on the BSE. The stock of Adani Ports advanced 2.03 per cent, Adani Total Gas (1.78 per cent), Adani Enterprises (1.74 per cent), Adani Energy Solutions (1.54 per cent) and ACC (0.77 per cent). Shares of Adani Wilmar, however, declined 1.19 per cent. In intra-day trade, NDTV zoomed 15.59 per cent, Adani Power surged 9.21 per cent, Adani Green Energy soared 8.86 per cent, Adani Enterprises climbed 7.72 per cent, Adani Total Gas jumped 7.10 per cent and Adani Energy Solutions advanced 6.63 per cent The stock of Adani Ports climbed 5.48 per

Infrastructure

SECTOR | 15 Jan 2025

Adani Enterprises tests 9-yr trend line support; tech view on group stocks

Business Standard

Adani group stocks have tumbled up to 47% since the start of December quarter. In case of a pullback Adani Green, Adani Ports and Adani Power can potentially rally up to 32%, show tech charts.

Infrastructure

SECTOR | 14 Jan 2025

IIFCL listing on the cards could give a fillip to infra financing

Business Standard

While it signals a return to the government's strategic divestment strategy, the amount raised will fall far short of the spending target for the sector