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Tata, Reliance, Adani! Big corporates in an aggressive acquisition spree

Tata, Reliance, Adani! Big corporates in an aggressive acquisition spree
origin-businesstoday.intoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from origin-businesstoday.intoday.in Daily Mail and Mail on Sunday newspapers.

West bengalAndhra pradeshTarun tahilianiAditya birlaMonnet ispatSajjan jindalAjay singhBharat petroleum company limitedReliance strategic business ventures limitedTata groupAlipurduar transmissionAir indiaKalpataru power transmission ltdTran incGroup for rsKrishnapatnam port co ltd

Leaders to intensify stir for major public sector port at Ramayapatnam

Leaders to intensify stir for major public sector port at Ramayapatnam Updated: Updated: ‘State government should exert pressure on the Centre to take up the project’ Share Article ‘State government should exert pressure on the Centre to take up the project’ Leaders of the Opposition parties on Saturday resolved to step up agitation to press for a ₹25,000 crore public sector port at Ramayapatnam to spur economic growth in the backward district of Prakasam. After Union Minister for ports Mansukh Mandaviya, in a reply to a question in the Parliament, expressed inability to fund a non-major port(NMP) at Ramayapatnam, leaders at a roundtable convened by Prakasam District Development Forum(PDDF) president Ch. Ranga Rao exhorted the YSR Congress Party government to exert pressure on the Central government to take up the port, as is promised in the State Reorganisation Act, in Ramayapatnam in the wake of the latter expressing reservation over taking up the project at Dugar

Andhra pradeshTamil naduSripathy prakasamOngole lok sabhaMansukh mandaviyaP hanumantha raoCongress partyAssembly chaloAndhra pradesh congress committeeKrishnapatnam port co ltdPrakasam district development forumUnion ministerRanga raoState reorganisation actAdani portsLok sabha

LankaWeb – Colombo Port workers union opposes foreign involvement in the West Container Terminal

Posted on March 7th, 2021 Courtesy The Straits Times Colombo, March 7 (newsin.asia): The Sri Lanka Port Workers’ Union General Secretary Niroshan Gorakahenna told the media on Saturday that the workers are opposed to handing over the port to the Adanis and asserted that the Sri Lanka Ports Authority (SLPA) itself should undertake to build the WCT. It can do the ECT, it should be able to do the WCT too,” he said and added: Sri Lankan nationalists cannot oppose foreign involvement in the East Container Terminal and allow it in West Teminal. Workers will oppose it. We plan to talk about this to the Chairman of the SLPA on Monday,” Gorakahenna is quoted in Virakesari as saying.

United kingdomSri lankaNew delhiAndhra pradeshSri lankanAnurag srivastavaNiroshan gorakahennaJawaharlal nehru port trustSri lanka port worker unionTata groupOur high commissionGangavaram port ltdEconomic zone ltdHigh commissionIndian high commissionEconomic zone limited

Adani Ports on a roll with three big acquisitions in five months | Hellenic Shipping News Worldwide

Adani Ports on a roll with three big acquisitions in five months With three big acquisitions having a combined value of ₹14,659 crore in five months, Gautam Adani-led Adani Ports and Special Economic Zone Ltd (APSEZ) is on a roll. On March 3, APSEZ acquired a 31.5% stake in Gangavaram Port Ltd (GPL) from a unit of private equity firm Warburg Pincus LLC for ₹1,954 crore and said it was in talks with D V S Raju and family, the promoters of the port located in Visakhapatnam, for buying their 58.1% stake in GPL. Gangavaram is APSEZ’s second big acquisition in Andhra Pradesh, India’s second biggest maritime state by cargo volumes handled, after picking up a 75% stake in Krishnapatnam Port Co Ltd (KPCL) for an enterprise value of Rs12,000 crore on October 5.

Andhra pradeshUnited kingdomSri lankaGautam adaniWarburg pincusRamesh singhalJawaharlal nehru port trustTata groupGangavaram port ltdEconomic zone ltdConsultancy pvt ltdDighi port ltdKrishnapatnam port co ltdGautam adani led portsSpecial economic zone ltdAdani ports

Adani Ports on a roll with three big acquisitions in five months

Adani Ports on a roll with three big acquisitions in five months March 05, 2021 On the prowl for more as promoters look to cash in on the stress situation With three big acquisitions having a combined value of ₹14,659 crore in five months, Gautam Adani-led Adani Ports and Special Economic Zone Ltd (APSEZ) is on a roll. On March 3, APSEZ acquired a 31.5% stake in Gangavaram Port Ltd (GPL) from a unit of private equity firm Warburg Pincus LLC for ₹1,954 crore and said it was in talks with D V S Raju and family, the promoters of the port located in Visakhapatnam, for buying their 58.1% stake in GPL.

Andhra pradeshUnited kingdomSri lankaGautam adaniWarburg pincusRamesh singhalJawaharlal nehru port trustTata groupEconomic zone ltdGangavaram port ltdConsultancy pvt ltdDighi port ltdKrishnapatnam port co ltdGautam adani led portsSpecial economic zone ltdAdani ports