Fitch Ratings sees Adani Ports’ acquisition of NQXT as positive step for global diversification

Fitch Ratings sees Adani Ports' acquisition of NQXT as positive step for global diversification

Follow Us on Google News New Delhi, April 25 (IANS) Fitch Ratings has characterised Adani Ports and Special Economic Zone Limited’s (APSEZ) acquisition of the North Queensland Export Terminal in Australia as credit neutral, while highlighting its positive strategic implications. The global ratings agency believes the acquisition will support APSEZ’s efforts toward international diversification, a … Read more

Will continue to strengthen maritime sector, ports: PM Modi

Follow Us on Google News New Delhi, April 5 (IANS) Prime Minister Narendra Modi on Saturday said the government will continue to strengthen the country’s maritime sector and ports, which play a crucial role in driving India’s progress and prosperity. In his message to mark the National Maritime Day, PM Modi said, “We recall India’s … Read more

‘Journey of Dreams’: A film highlighting transformative power of Adani Ports

Ahmedabad, March 4 (IANS) The Adani Group on Tuesday launched its latest narrative-driven film, titled ‘Journey of Dreams’, which highlights the transformative power of Adani Ports and SEZ Limited. The film pays tribute to the indomitable spirit of ‘Hum Karke Dikhate Hain’ of today’s India and Indians, showcasing unwavering determination. The film emphasises how Adani … Read more

Adani Ports handles highest-ever monthly cargo of 39.9 MMT in Jan, up 13 pc

Ahmedabad, Feb 4 (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said it handled its highest-ever monthly cargo volume of 39.9 million metric tonnes (MMT) in January, which was up 13 per cent year-on-year. This included containers (+32 per cent YoY) and liquids and gas (+18 per cent). APSEZ has crossed new … Read more

Exceptional rate of capacity enhancement witnessed in Ports sector: Sonowal

New Delhi, Jan 31 (IANS) Praising Prime Minister Narendra Modi, Union Minister Sarbananda Sonowal on Friday said as a result of the transformational initiatives initiated by the PM in the Ports Sector, an exceptional rate of capacity enhancement in ports has been witnessed. He said: “Gratified to see Ministry of Ports Shipping & Waterways trailblazing … Read more

Adani Ports clocks 14 pc net profit growth in Q3, PAT crosses Rs 8,000 cr in 9 months of FY25

Ahmedabad, Jan 30 (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday reported a 14 per cent net profit jump in the October-December quarter this fiscal (FY25) at Rs 2,518 crore, from Rs 2,208 crore in the same period last fiscal (FY24). In the nine months of FY25, the flagship company of the … Read more

India’s major ports record 3.2 pc rise in cargo during Dec, Deendayal Port leads

New Delhi, Jan 28 (IANS) India’s 12 major ports, owned by the Central government, handled 72.2 million tonnes of cargo in December, recording a 3.22 per cent growth over the same month of the previous year. According to data compiled by the Ministry of Ports, Shipping and Waterways, the Deendayal Port in Gujarat’s Kandla accounted … Read more

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