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Karan Adani is the new MD of APSEZ

January 3, 2024 Vinayak Barot

Ahmedabad, 3 Jan 2024: Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has elevated CEO Mr Karan Adani to the role of Managing Director, a position which was held by Mr Gautam Adani, Chairman of the Adani Group. Mr Gautam Adani is re-designated as ‘Executive Chairman’ of APSEZ, one […]

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Business

U.S. International Development Finance Corporation, America’s development finance institution, to fund CWIT, Adani’s JV in Sri Lanka, for USD 553 Million

November 8, 2023 Vinayak Barot

Colombo, 8 November 2023, U.S. International Development Finance Corporation (DFC) has announced that it will be funding Colombo West International Terminal Pvt. Ltd. (CWIT) – a consortium of India’s largest port operator Adani Ports and SEZ Ltd., Sri Lanka’s leading enterprise John Keells Holdings (JKH) and the Sri Lanka Ports Authority – to the tune […]