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Adani Ports concludes sale of Myanmar Port for $30 million to unnamed buyer

Adani Ports and Special Economic Zone has announced the sale of its Myanmar Port for $30m to an uni…

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1 min read

Adani Ports & SEZ's Q3 profit rises 65% to ₹2,208 crore

Adani Ports and Special Economic Zone (APSEZ) on Thursday reported 65.22 per cent rise in consolida…

PTI   


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Adani Port replacing Deloitte with another reputed auditor to comfort investors, says Jefferies

Jefferies which tracks Adani Ports has found a silver lining even in this development as it feels t…

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4 mins read

Sensex, Nifty50 tumble in morning trade: HDFC twins, SBI, ONGC amongst top losers

India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Wednesday amidst nega…

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Adani Ports has lost nearly a third of its profit and its Myanmar project

The share price of Adani Ports has tumbled by over 7% after the company reported a fall in its cons…

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Australian civil rights group requests US Treasury to deny licence to Adani Ports for its dealings with the Myanmar military

Australian civil rights collective Australian Centre for International Justice (ACIJ) and activist …

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Aussie civil rights group calls on India's stock exchanges to take action against Adani Ports for 'factually misleading' stakeholders

The Australian Centre of International Justice (ACIJ) and activist group Justice for Myanmar (JFM) …

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Adani Ports’ shares down 14% in two days as market fears a slump in global trade and Myanmar issue denting its image

The share price of Adani Ports is down by 4.9% as of 12:00 pm. This comes after the US-based S&…

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4 mins read

Deloitte sought independent external probe into Hindenburg allegations; Adani firm says reasons for resignation not convincing

Before resigning as an auditor of an Adani Group firm, Deloitte had sought an independent external …

PTI   


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7 mins read

Adani Ports divested by Norwegian pension fund KLP on alleged ties with Myanmar junta, says it is an 'unacceptable risk' to its investment

Adani Ports and Special Economic Zone Ltd has been excluded from investment by Norway's largest pen…

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Adani Group to hit global bond market, looks to raise over $1 bn from investors

Economic Times reported that investment banks like Standard Chartered, Bank of America Merrill Lync…

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ArcelorMittal Q1 net income falls over 73% to USD 1,096 mn

Global steel giant ArcelorMittal on Thursday posted a 74.43 per cent fall in its net income at USD …

PTI   


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IRCTC will lose a chunk of its revenue to the Indian government starting next month

India’s Ministry of Railways has asked the Indian Railway Catering and Tourism Corporation (IRCTC) …

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Nykaa IPO subscribed 1.56 times on first day, today is the second day to subscribe

Fashion and beauty ecommerce platform Nykaa’s initial public offering (IPO) received a strong deman…

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Indian equities fall led by global cues and weakness in ICICI Bank, ITC, HDFC Bank, ONGC

In the initial trade, the key indices opened on a flat note and started to fall from the opening…

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EaseMyTrip makes its first acquisition in 13 years to strengthen its hotel offerings

This is EaseMyTrip’s first acquisition. Traviate — founded in 2016 by Pranita Baveja — enabl…

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3 mins read

Alibaba will make $730 million from Paytm IPO, Vijay Shekhar will earn $54 million

One 97 Communications — the parent company of digital payments giant Paytm — will launch its initia…

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Bizarre! A woman in India tried to sue ‘Prince Harry’ for not marrying her — but the courts aren’t buying it

A woman in India tried to sue and get an arrest warrant issued against ‘Prince Harry’ for not marry…

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3 mins read

What WhatsApp and Facebook want to do is worse than stalking, India's solicitor general tells court

India’s competition watchdog doesn’t want WhatsApp sharing user data with its parent company, Faceb…