Latest news with #AdaniPorts
Bloomberg
3 days ago
- Business
- Bloomberg
Adani Ports Unit Weighs $350 Million Rupee Bond Issuance
Billionaire Gautam Adani's conglomerate plans to raise about 30 billion rupees ($351 million) through long-term local currency bonds, according to people familiar with the matter, the latest in a string of recent debt raises by the company. Adani Ports and Special Economic Zone Ltd is in talks with investors to raise the debt in the coming months. The tenor is likely to be long, though details, such as the coupon and maturity, are still being finalized, the people said, who asked not to be identified because the information is confidential.
New Indian Express
6 days ago
- Business
- New Indian Express
Odisha government signs pacts for Gopalpur port and jetty at Jatadhari
BHUBANESWAR : The state government signed two separate agreements for expansion of Gopalpur Port and construction of a jetty at Jatadhari river mouth mouth in the presence of Chief Minister Mohan Charan Majhi at Lok Seva Bhavan here on Thursday. A concession agreement was signed with JSW Utkal Steel Limited to build a captive jetty at Jatadhari mouth in Ersama tehasil of Jagatsinghpur district with an initial investment of Rs 2,100 crore. The jetty will have a cargo handling capacity of 52 million tonne. It is expected to create 3,450 direct and indirect employment opportunities. Similarly, a concession agreement was also signed with Gopalpur Ports Limited (Adani Ports) for expansion and development of Gopalpur port at an investment of `16,554 crore. This will increase the port's cargo handling capacity to 50 million metric tonne. The project is expected to create around 5,000 direct and indirect employment opportunities. Speaking on the occasion, Majhi said his government has prioritised development of maritime trade by establishing ports, jetties and other infrastructure at various locations. 'The government aims to develop maritime trade in Odisha through public-private partnerships. We have plans to establish two new seaports at Inchudi in Balasore district and Bahuda in Ganjam district along with developing the Subarnarekha and Astaranga ports,' he said.
Business Upturn
7 days ago
- Business
- Business Upturn
Nifty 50 top gainers today, June 26: Bharti Airtel, Bajaj Finance, Adani Ports, Adani Enterprises and more
By Aman Shukla Published on June 26, 2025, 15:39 IST Indian stock markets closed sharply higher on June 26, with both benchmark indices registering solid gains. The BSE Sensex jumped 1,000.36 points, or 1.21%, to close at 83,755.87, while the NSE Nifty 50 surged 304.25 points, or 1.21%, to settle at 25,549. Among the Nifty 50 stocks, several companies recorded significant gains, led by Bharti Airtel, Bajaj Finance and Adani Ports. Below is a detailed look at the top gainers of the Nifty 50 (as per Trendline) for the day. Nifty 50 Top Gainers on June 26 Bharti Airtel closed at ₹2,015.6, up 2.5%. Bajaj Finance ended at ₹950.0, gaining 2.4%. Adani Ports & Special Economic Zone rose 2.3% to ₹1,425.5. Adani Enterprises closed at ₹2,580.0, marking a 2.1% increase. Bajaj Finserv was up 1.9%, settling at ₹2,050.0. Axis Bank gained 1.5%, closing at ₹1,231.5. Apollo Hospitals Enterprise rose 0.9% to ₹7,104.0. Bharat Electronics ended 0.9% higher at ₹409.5. Bajaj Auto added 0.4% to close at ₹8,426.0. Asian Paints inched up 0.3%, finishing at ₹2,285.6. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Hans India
25-06-2025
- Business
- Hans India
Domestic indices close in green; slip after erasing sharp gains
Mumbai: Equity benchmarks Sensex and Nifty on Tuesday gave up most of their sharp intra-day gains due to the emergence of profit-taking as investors turned cautious amid reports of a ceasefire violation between Iran and Israel. In the morning trade, markets bounced back sharply, mirroring a rally in global peers and a steep decline in crude oil prices amid hopes of a potential de-escalation in the Middle East conflict. After surging 1,121.37 points or 1.36 per cent to 83,018.16 in intra-day trade, the 30-share Sensex later trimmed most of its gains as reports surfaced of the ceasefire plan faltering. But, the benchmark still managed to settle in the green, climbing 158.32 points or 0.19 per cent to 82,055.11. As many as 2,662 stocks advanced and 1,339 declined while 143 remained unchanged on the BSE. On similar lines, the 50-share Nifty rose 72.45 points or 0.29 per cent to end at 25,044.35. The index fell from an intra-day high of 25,317.70. 'Initial gains in the domestic market, driven by the ceasefire announcement and sharp drop in crude prices, were short-lived as renewed geopolitical tensions in the Middle East unsettled investor sentiment. 'Adding to the uncertainty was heightened volatility due to expiry day dynamics. Although the market attempted to break out of its recent consolidation range, persistent global risks continue to impede momentum,' Vinod Nair, Head of Research, Geojit Investments Limited, said. From the Sensex constituents, Adani Ports, Tata Steel, Kotak Mahindra Bank, UltraTech Cement, Bajaj Finserv and Titan were among the biggest gainers. In contrast, Power Grid, Trent, NTPC, Maruti, HCL Tech and Bharat Electronics were among the laggards. 'It turned out to be an eventful day for market participants, as the benchmark index witnessed sharp swings in both directions before finally closing with marginal gains. Initially, sentiment was buoyed by reports of a potential ceasefire between Iran and Israel, along with a sharp decline in crude oil prices. 'However, concerns resurfaced in the latter half following reports of a possible ceasefire violation by Iran, which led to a pullback and erased most of the early gains. Eventually, the Nifty ended with marginal gains,' Ajit Mishra - SVP, Research, Religare Broking Ltd, said. The BSE smallcap gauge climbed 0.71 per cent and the midcap index rose 0.54 per cent. Among BSE sectoral indices, services jumped 2.13 per cent, telecommunication (1.13 per cent), commodities (1.12 per cent), metal (0.96 per cent), financial services (0.81 per cent), bankex (0.72 per cent) and auto (0.62 per cent).
Time of India
25-06-2025
- Business
- Time of India
Stock Market LIVE Updates: Gift Nifty hints at positive start; Asian shares trade flat
25 Jun 2025 | 07:42:52 AM IST Indian benchmark indices settled higher on Tuesday after a day of volatile trade. The Sensex surrendered most of its early gains after surging over 1,100 points to breach the 83,000 mark, closing just 158 points higher amid fresh tensions between Israel and Iran. The Nifty ended 0.3% higher, holding above the 25,000 level. After rising over 1% in early trade, both the Sensex and Nifty ended with modest gains as reports surfaced of a possible breach in the freshly announced ceasefire between Iran and the Sensex stocks, Adani Ports, Tata Steel, Kotak Mahindra Bank, UltraTech Cement, Bajaj Finserv, and Titan led the gainers. On the flip side, Power Grid, Trent, NTPC, Maruti, HCL Tech, and Bharat Electronics were among the top losers. Show more
