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SECTOR | 04 Jul 2024

Adani group stocks fall; Adani Ent down 1.5%, Adani Ports slips 1%

Business Standard

Other Adani Group entities also saw losses, which include Adani Green 0.45 per cent, Adani Energy Solutions 0.62 per cent, Adani Total Gas 0.53 per cent and Adani Wilmar 0.46 per cent

Infrastructure

SECTOR | 02 Jul 2024

Adani Ports' Total Cargo Volume Jumps 12% In June

NDTV Profit

The Kattupalli Port handled its highest-ever monthly cargo volume of 1.36 million metric tonne in June.

Infrastructure

SECTOR | 30 Jun 2024

'JSW Infra to reassess strategy for Tajpur port if it comes for re-bidding'

Business Standard

Indicating that the company is still interested in the mega Tajpur deep sea port in West Bengal, JSW Infrastructure Ltd said that it remains open to re-evaluate its strategy for the project "if the project comes for re-bidding", a senior official said. JSW Group had failed to emerge as the winning bidder in the last tendering round, where Adani Ports and SEZ Ltd (APSEZ) had emerged as the L1 bidder in October 2022, and a Letter of Intent to Award (LOIA) was handed over to the company. However, Chief Minister Mamata Banerjee's announcement at the Bengal Global Business Summit (BGBS) in November 2023 that a tender would soon be launched for the development of the port. This has led to a cloud of uncertainty around the mega deep-sea port project. Banerjee had announced that the proposed deep-sea port at Tajpur is ready for tender, which would attract an investment of USD 3 billion or Rs 25,000 crore. JSW Infrastructure Joint Managing Director and CEO Arun Maheswari told PTI: "We will

Infrastructure

SECTOR | 30 Jun 2024

Adani Ports - Healthy Expansion In The Scale Of Operations, Robust Profitability To Continue: Motilal Oswal

NDTV Profit

We expect Adani Ports to report 11% growth in cargo volumes over FY24-26.

Infrastructure

SECTOR | 28 Jun 2024

New portal to expedite agri infra fund interest subsidy claims of farmers

Business Standard

The portal will be used by banks, the Central Project Management Unit of DA&FW, and Nabard

Infrastructure

SECTOR | 27 Jun 2024

Airports need to review pricing strategies to increase profitability: Capa

Business Standard

Indian airports need to review their pricing strategies and can substantially increase their profitability by garnering more non-aeronautical revenues, according to aviation consultancy firm CAPA India. India is the world's third largest domestic civil aviation market and air traffic is on the rise. Airlines are increasing their fleet, operating more routes while airports are also expanding their capacities. Airports operated on Public Private Partnership (PPP) mode generate more non-aero revenues compared to those operated by the Airports Authority of India (AAI), the consultancy said during a webinar on Thursday. Just five PPP airports -- Delhi, Mumbai, Bangalore, Hyderabad and Cochin -- accounted for 71 per cent of the total non-aeronautical revenue in India in FY2020, while handling 53 per cent of the total traffic, CAPA India said. Despite significant increases since privatisation, Indian PPP airports still have much more headroom to increase non-aero revenue to global levels,