Flipkart enters into strategic partnership with Adani Group prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
Ports of Complicity: Adani Ports in Myanmar, released on March 30, published leaked documents revealing the details of Adani Ports’ contract with the Myanmar military owned and operated company, Myanmar Economic Corporation (MEC).
Adani Ports, also known as Adani Ports and Special Economic Zone Limited (APSEZ), is an Adani group subsidiary with interests across South East Asia.
Ports of Complicity revealed that in 2019, Adani Ports paid a minimum of US$30 million in land lease fees and a further US$22 million in land clearance fees to the MEC.
In 2019, the UN Human Rights Council’s International Independent Fact-Finding Mission to Myanmar revealed that the MEC is owned and directed by high-ranking military officials, including the Commander-in-Chief Senior General Min Aung Hlaing and Deputy Commander-in-Chief, Vice Senior General Soe Win.
Adani Ports and Special Economic Zone Limited posts 27% YoY growth cargo volume
Posted On: 2021-04-05 22:03:15 (Time Zone: Arizona, USA)
Adani Ports and Special Economic Zone Limited ( APSEZ ) has announced the operational performance during March 2021, Q4FY21 and FY2021.
- APSEZ in the month of March 21 handled cargo volume of 26 MMT a growth of 41% on Year on Year basis and 23% on Month on Month basis.
- APSEZ handled cargo volume of 73 MMT in Q4FY21 registering a growth of 27% on Year on Year basis.
- APSEZ handled cargo volume of 247 MMT in FY21 registering a growth of 11% on Year on Year basis.
Cyril Amarchand Mangaldas
Cyril Amarchand Mangaldas advises Adani Ports and Special Economic Zones on Acquisition of 58.1% Stake in Gangavaram Port ANI | Updated: Apr 01, 2021 14:20 IST
New Delhi [India], April 1 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Adani Ports And Special Economic Zone Limited (Adani Ports) on acquisition of 58.10 per cent stake held by DVS Raju and other promoter entities (Promoters) in Gangavaram Port Limited (Gangavaram Port) for Rs 3,604 crore.
Earlier this month, Adani Ports had announced the acquisition of Warburg Pincus group s 31.50 per cent stake in Gangavaram Port. Once the current acquisition receives requisite approvals, Adani Ports will end up owning 89.60 per cent stake in Gangavaram Port.
Issues in India-Sri Lanka Ties | Manohar Parrikar Institute for Defence Studies and Analyses idsa.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idsa.in Daily Mail and Mail on Sunday newspapers.