Read more about Adani Transmission Ltd Spurts 5.29% on Business Standard. Adani Transmission Ltd has added 98.18% over last one month compared to 14.92% gain in S&P BSE India Infrastructure index and 7.04% rise in the SENSEX
Adani Ports and Special Economic Zone (APSEZ) rose 1.59% to Rs 637.80 after the company said it completed the acquisition of Maharashtra-based Dighi Port.
The company said that in accordance with the approved Resolution Plan, Dighi Port ( Dighi ) has allotted 10 lakh equity shares for cash at total consideration of Rs 1 crore to APSEZ on 15 February 2021. Pursuant to this, APSEZ will hold 100% equity share capital of Dighi.
Further, APSEZ has paid Rs 650 crore to financial creditors and approximately Rs 55 crore towards CIRP cost and other payments.
Incorporated on 27 July 2000, Dighi is located on the banks of Rajapuri Creek in the Raigad district of Maharashtra. It is a minor port established under the 50-year concession from the MMB starting March 2002. Concession permits the handling of all types of cargo including liquid & containers.
On 18 February 2021The Committee of Directors of Arvind Fashions will meet on 18 February 2021 to consider various matters relating to the Rights Issue
including terms and conditions such as the Issue Price and Record Date for the proposed Rights Issue of the Company and other matters incidental or connected therewith.
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Read more about Sadbhav Engineering reports consolidated net loss of Rs 24.32 crore in the December 2020 quarter on Business Standard. Sales rise 2.12% to Rs 695.76 crore
On a consolidated basis, GMR Infrastructure reported net loss of Rs 1,120.51 crore in Q3 December 2020, higher than net loss of Rs 280.74 crore in Q3 December 2019.
Net sales slumped 31.7% to Rs 1,359.10 crore in Q3 FY21 over Q3 FY20. Pre-tax loss stood at Rs 1,150 crore in Q3 December 2020 as against Rs 260 crore in Q3 December 2019. The Q3 result was declared after market hours yesterday, 12 February 2021.
The Government of India had allowed 33% capacity for the airlines from 25 May 2020 till 25 June 2020 and has gradually raised the capacity to 80% on 4 December 2020. The effective partnership between airlines and our airports have ensured safety and re-instilled confidence in passengers to fly again. Measures adopted include contactless check in, regular aircraft sanitization and protective gear distribution to passengers.