Business

APSEZ Enters Top 10 List in 2024 S&P Global Corporate Sustainability Assessment Rankings

January 8, 2025 revoi editor

Ahmedabad : Adani Ports and Special Economic Zone Ltd. (APSEZ) was ranked among the Top 10 global transportation and transportation infrastructure companies in the 2024 S&P Global Corporate Sustainability Assessment (CSA), with a score of 68(out of 100)—three points improvement over last year. APSEZ is now placed in the 97th percentile within the sector*, improving […]

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Business

Adani Places India’s Largest Order for 8 Tugs Under the Make in India Initiative for 450 Cr with Cochin Shipyard

December 27, 2024 revoi editor

Ahmedabad, 27 December 2024: Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest integrated transport utility company, is pleased to announce the procurement of eight state-of-the-art harbour tugs, all to be constructed by Cochin Shipyard Ltd. This initiative aligns with the government’s Make in India and Aatmanirbhar Bharat initiatives by boosting local manufacturing and […]

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Business

Torrent Power QIP oversubscribed 4x against issue size of Rs 3,500 Crores

December 9, 2024 revoi editor

Ahmedabad : Torrent Power Limited (“Company”), one of India’s leading private sector integrated power utilities, announced successful completion of its Rs 3,500 Crores (approx. USD 413.20 million) Qualified Institutions Placement (“QIP”). The issue garnered significant response from investors including domestic mutual funds, global investors and insurance companies, demonstrating their strong confidence in the Company’s fundamentals […]

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Business

‘Adani Group Looks Most Attractive Among India Corporates, No Signs Of Stress’: Nomura

December 9, 2024 revoi editor

New Delhi: Japanese brokerage Nomura has said Adani Group companies appear “most attractive” among Indian corporates. In a report this week, Nomura said the ports-to-power conglomerate will be able to withstand recent turmoil brought on by allegations by the US Department of Justice. It also said there were “no signs of stress” across the Adani […]

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Business

Adani Group plans to invest over Rs 7.5 lakh crore across various sectors of the state’s economy: Karan Adani

December 9, 2024 revoi editor

Speaking at the Rising Rajasthan Global Investment Summit 2024 in Jaipur on 9 December 2024, Mr. Karan Adani said, Honourable Prime Minister of Bharat- Shri Narendra Modi Ji, His excellency Governor of Rajasthan, Honourable Chief Minister- Shri Bhajan Lal Sharma, Distinguished Ministers, Captains of industry, And my dear friends, It is a privilege to be […]

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Business

Kerala open to discuss new projects with Adani; not keen on any big polluting industries: Rajeev

December 9, 2024 revoi editor

Mumbai, Dec 8 , Kerala is not averse to discussing any new project with the Adani group and will do so only if there is a “win-win” situation which benefits the people of the state as well, a senior state minister has said. However, the southern state is not keen to have any big industries […]

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Business

JP Morgan “Overweight’ on Four Adani Bonds”, “The ability to scale and grow using internal cash flows in the case of Adani Ports gives us strong comfort”

December 6, 2024 revoi editor

JP Morgan has given ‘Overweight’ on four Adani group bonds—three issued by Adani Ports & SEZ, and one by Adani Electricity Mumbai limited —Subsidiary of Adani Energy Solutions. It has taken neutral stand on other five Adani bonds and is underweight on only one bond—issued by AGEL. Under the risks section, it further added, that […]

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Business

Oil: Prices rise as the traders wait for the OPEC+ meeting this week

December 3, 2024 revoi editor

New Delhi: As the traders awaited the outcome of this week’s OPEC+ meeting, prices of oil climbed on Tuesday. The upcoming meeting will directly affect the oil traders as the Brent Crude rose 66 cents, or 0.92 percent, to USD 72. 49 a barrel by 0909 GMT, while US West Texas Intermediate crude climbed 63 […]

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Business

Adani Group Gets Bernstein’s Vote — ‘Operational Metrics Better Post Short-Seller Attack’

December 3, 2024 revoi editor

The operational risks in Adani Group have reduced over the years, with a fall in share pledges, and improving leverage among others, according to Bernstein Research. The key concern during the short-seller Hindenburg Research’s allegations was share pledge, which has seen a “dramatic drop” across companies, Bernstein said in a note on Dec. 2. “This […]

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Business

Ambuja Cements moves closer to NET ZERO

December 3, 2024 revoi editor

Ahmedabad, Ambuja Cements, the cement and building material  company of the diversified Adani Portfolio, further advances towards its Net Zero goals by  leveraging zero-carbon heating technology to decarbonise its cement manufacturing  process. The Company has entered into a strategic partnership with Finland-based  technology and engineering company ‘Coolbrook’. Ambuja will implement Coolbrook’s  proprietary RotoDynamic Heater™ (RDH™) […]

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