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Adani ports
Economic & Finance Logistic & transportation

Adani Ports Achieves Highest-Ever Rail Cargo of Over 120 MMT in FY23

APSEZ, the flagship company of Adani ports Group, handled 120.51 million metric tonnes (MMT) of rail cargo in FY23, up from 98.61 MMT in FY22. Through the Indian Railways’ General Purpose Wagon Investment Scheme (GPWIS), APSEZ saw a 62% YoY increase in rail cargo. Mundra Port handled over 15,000 container trains in FY23. As a

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Adani Group
Economic & Finance Energy Oil & Gas

A petchem project worth Rs 34,900 crore has been suspended by Adani Group in the wake of Hindenburg

The Adani Group has taken action to suspend work on a Rs 34,900 crore petrochemical project at Mundra in Gujarat. Sources reported that this move is to focus resources to consolidate operations and address investor concerns stemming from a damning report by a US-based short seller. Earlier this year, the group’s main company Adani Enterprises

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Adani stock
Business Economic & Finance Market Overview Stocks & Funds

Adani Enterprises jumps 11% as all group stocks surge – Adani group’s combined market cap increases by over 82,000 crore in two days

Adani Enterprises jumps 11% as all group stocks surge – Adani group’s combined market cap increases by over 82,000 crore in two days In the first half of trading on Wednesday, Adani Enterprises’ shares soared over 11%, helping the group’s combined market capitalisation surge by over 45,010 crore. All nine group companies posted gains. In

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Adani Shares Adani Ports
Advisor Network Economic & Finance Energy Foods & Agricultural Logistic & transportation Market Overview Oil & Gas Stocks & Funds

Adani Shares: Why To Invest Now? Here’s Everything Investors Need To Know

Investors have various reasons for investing in Adani shares. Some believe in the company’s future potential while others are interested in its current position. However, all investors should carefully consider their options before making any decisions. Adani is an Indian multinational conglomerate company headquartered in Ahmedabad, Gujarat, India. It was founded by Gautam Adani in

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Adani ports raising funds
Economic & Finance Energy Funding Logistic & transportation Market Overview Stocks & Funds

 Adani Port Plans to Raised funds from Global Investors

Adani Ports and Special Economic Zone plans to raise $500 million through a foreign bond issue. It caters to global investors over a period of 6 months. The Adani company has hired about half a dozen international banks to wind down the proposals. The Adani Group is raising funds to increase liquidity in global markets.

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