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SECTOR | 13 Sep 2024

Majority of Adani group stocks settle lower, Adani Power down nearly 3%

Business Standard

As many as seven Adani group stocks ended lower on Friday as the Swiss authorities froze USD 311 million (Rs 2,610 crore) held by a Taiwanese resident in multiple Swiss bank accounts as part of a money laundering probe, suspecting he may be a frontman from the group -- a charge the conglomerate vehemently denied. Shares of Adani Power dropped 2.73 per cent, Adani Energy Solutions declined 2.42 per cent, Adani Ports slipped 1.37 per cent, Adani Green Energy went lower by 1.17 per cent, Adani Enterprises dipped 0.76 per cent, Adani Total Gas (0.55 per cent) and Adani Wilmar (0.37 per cent) on the BSE. However, three group firms managed to settle in the green. The stock of ACC jumped 1.94 per cent, NDTV climbed 1.01 per cent and Ambuja Cements (0.01 per cent). During the day, shares of Adani Power tumbled 3.20 per cent, Adani Energy dived 2.75 per cent, Adani Green declined 1.53 per cent, Adani Ports went down by 1.51 per cent, Adani Enterprises fell 1.18 per cent, Adani Wilmar (1.07 p

Infrastructure

SECTOR | 13 Sep 2024

Cochin Shipyard Lays Keel For Largest Indian Dredger

NDTV Profit

The keel for DCI Dredge Godavari, was laid by Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal virtually.

Infrastructure

SECTOR | 12 Sep 2024

Stocks in news: Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, NBCC

Economic Times

Stocks in news: Shares of Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, and NBCC will be in focus due to various news developments including investments, collaborations, and project approvals.

Adani Ports to develop berth at Kandla port in Gujarat

Business Line | 11 Sep 2024 1 more

Infrastructure

SECTOR | 06 Sep 2024

Nabard in talks with international agencies to set up carbon fund: Chairman

Business Standard

According to a recent study by the Coalition for Disaster Resilient Infrastructure (CDRI), globally, assets worth nearly $800 billion are getting affected on an annual basis due to climate change

Infrastructure

SECTOR | 06 Sep 2024

Udayshivakumar Infra secures 29 crore highway maintenance contract in Karnataka

Business Line

This significant win has led to a 5% increase in USK's shares and marks a valuable addition to the company's project portfolio

Infrastructure

SECTOR | 04 Sep 2024

India must rethink ships, infra for stronger maritime governance: Sanyal

Business Standard

As India looks to take a more significant role in maritime governance, it needs to rethink its approach to ships and shipping infrastructure and transform the way it invests, builds and utilises the maritime resources and capabilities, said Sanjeev Sanyal, member of Prime Minister's Economic Advisory Council. Sanyal was speaking at the curtain raiser of 'Sagarmanthan: The Great Oceans Dialogue' organised by the Observer Research Foundation, in collaboration with Ministry of Ports, Shipping and Waterways (MoPSW), according to a press statement issued by the organisers. "This event served as a precursor to the main Sagarmanthan: The Great Oceans Dialogue, scheduled for November 18-19, 2024. The upcoming dialogue will provide a critical platform for discussions on the blue economy, maritime logistics, ports, shipping, waterways, critical minerals, diversified supply chains, the global maritime economy, and training and labour standards," it said. With its growing prominence in...

Infrastructure

SECTOR | 03 Sep 2024

Big movers on D-Street: What should investors do with NBCC, Adani Ports and Varun Beverages?

Economic Times

The benchmark BSE Sensex extended its gains for the 10th consecutive day, setting a new lifetime high on Monday. Key stocks in focus included NBCC with a 0.42% rise, Adani Ports which increased by 0.85%, and Varun Beverages, which gained 1.86%. Experts share buying recommendations for these stocks as the market reopens today.