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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.

Infrastructure

SECTOR | 02 Sep 2024

Adani Ports' Total Cargo Volume Rises In August Despite Loss Of Four Days

NDTV Profit

The loss of four working days in Mundra and Tuna ports was due to inclement water in Kutch.

Infrastructure

SECTOR | 30 Aug 2024

Adani Ports buys 80% stake of Astro Offshore for $185 million

Business Line

The transaction, done at an enterprise value of $235 million, is expected to be value accretive from the first year itself

Adani Ports acquires 80% stake in Astro Offshore for Rs 1,551 crore

Business Standard | 30 Aug 2024 2 more

Infrastructure

SECTOR | 29 Aug 2024

Gautam Adani And Family Top 2024 Hurun India Rich List

NDTV Profit

Adani Ports and Special Economic Zone Ltd. saw a 98% increase in share prices, and 76% average growth across his energy sector enterprises.

Infrastructure

SECTOR | 28 Aug 2024

Shipping ministry accepts revised wage structure for workers of major ports

Business Standard

The Ministry of Ports, Shipping and Waterways has approved wage structure revision for workers at major ports, an official statement said on Wednesday. According to the statement, a memorandum of understanding (MoU) was signed between the Bipartite Wage Negotiation Committee (BWNC) and the Indian Port Association (IPA), averting an indefinite strike that was set to disrupt operations across 12 major ports in India. The MoU facilitates the revision of the wage structure and addresses other service conditions, including pensionary benefits, it added. It was also agreed that the fitment benefit of 8.5 per cent on the aggregate amount of basic pay as of December 31, 2021, plus 30 per cent VDA (variable dearness allowance) as of January 1, 2022, will be granted. "The periodicity of the settlement is set for five years, from January 1, 2022, to December 31, 2026. "The new pay scales, effective from January 1, 2022, will be formulated according to existing practices," the statement...

Infrastructure

SECTOR | 26 Aug 2024

Strike at major ports could lead to loss of 125 crore daily

Business Line

Five unions at Major Ports have called for a nation-wide strike from August 28 mainly against delay in concluding bipartite wage negotiations and settlement