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Adani to shut multi-modal logistics park in Ludhiana as seven-month blockade over farm Bills bites

Adani to shut multi-modal logistics park in Ludhiana as seven-month blockade over farm Bills bites
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Gujarat's second Ro-Ro service set for flag off | Rajkot News

TOI File Photo RAJKOT: Gujarat’s second Ro-Ro ferry service connecting India’s biggest private port Mundra and Vadinar is all set to commence next month. The sea route of 53 km is expected to give major fillip to some of the major industries like ceramics in Morbi, brass parts in Jamnagar and engineering goods in Rajkot. Highly placed sources confirmed to TOI that the cargo vessel to be operated by Adani Group has got most of the clearances to start the service. Vadinar is owned by central government-run Deendayal Port Trust (DPT), formerly Kandla, which passed a proposal in its board meeting held last month to allow Adani Logistics Ltd to use Ro-Ro jetty at Vadinar for commencing this service.

'Adani aims to become world's top port operator by 2030' - The Hindu BusinessLine

'Adani aims to become world's top port operator by 2030' - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Crisil assigns A/stable rating to long-term bank facilities of Snowman Logistics

Crisil assigns A/stable rating to long-term bank facilities of Snowman Logistics ANI | Updated: Apr 20, 2021 17:57 IST Mumbai (Maharashtra) [India], Apr 20 (ANI): Crisil has assigned A/stable rating to long-term bank facilities of Snowman Logistics, reflecting its established market position in the temperature-controlled logistics segment and benefits from continued parentage due to operational and strategic linkages with its parent Gateway Distriparks Ltd (GDL). But these strengths are partially offset by exposure to funding risks related to capex, susceptibility to competition and volatility in end-user segments. Post settlement of agreement between Snowman and Adani Logistics Ltd in July last year, GDL is the single largest owner with 40.25 per cent stake in the company and substantial control on the board.

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