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HOT PORT NEWS from GAC | Hellenic Shipping News Worldwide

HOT PORT NEWS from GAC | Hellenic Shipping News Worldwide
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Sri lankaAndhra pradeshAdani krishnapatnam port ltdKrishnapatnam port ltd

CCI nod to Adani Ports acquisition of additional 25% stake in Adani Krishnapatnam

Adani Krishnapatnam is engaged as a developer and operator of an all-weather, deepwater multi-purpose port at Krishnapatnam, Andhra Pradesh, under build-operate-share-transfer concession from Andhra Pradesh

Tamil naduWarburg pincusAdani krishnapatnamVishwa samudra holdingsKrishnapatnam port ltdEconomic zoneAdani krishnapatnam portGangavaram port ltdWindy lakeside investmentAdani groupCompetition commission of indiaCompetition commissionAdani krishnapatnam port limitedAdani portsSpecial economic zoneAndhra pradesh

Flipkart allies with Adani Group to lift supply chain: E-commerce sees an uptick trend

Adani Group, mainly known for port projects in Goa, Gujarat, Chennai, Andhra Pradesh, Odisha, Maharashtra Kerala and Tamil Nadu etc, has made an addition to its logistics portfolio through a new deal with Flipkart. The partnership is expected to strengthen the e-commerce player s supply chain infrastructure. The recent EY-IVCA India Trend Book 2021 report reveals that India s e-commerce sector is expected to reach $99 billion by 2024. It also cites the pandemic as a catalyst for this positive trend since the need to maintain social distance in the new normal has prompted consumers to shop more from online platforms. Accordingly, brands too have revolutionised the way they operate.

Sri lankaTamil naduAndhra pradeshBajaj electricals ltdAdani groupKrishnapatnam port ltdMahindra logistics ltdMaharashtra keralaTrend bookAdani group flipkartKrishnapatnam portஸ்ரீ லங்காதமிழ் நாடுஆந்திரா பிரதேஷ்பஜாஜ் மின்பொருளகம் லிமிடெட்அதானி குழு

CCI approves Adani Ports 89 6% stake buy in Gangavaram Port

CCI approves Adani Ports 89.6% stake buy in Gangavaram Port GPL, located in the northern part of Andhra Pradesh next to Vizag Port, is the second largest non-major port in Andhra Pradesh with a 64 MMT capacity. BusinessToday.In | April 13, 2021 | Updated 20:24 IST On March 23, Adani Ports had said it would acquire 58.1 per cent stake held by DVS Raju and family in GPL for Rs 3,604 crore. The Competition Commission of India (CCI) on Tuesday approved the acquisition of 89.6 per cent stake in Gangavaram Port Ltd (GPL) by Adani Ports and Special Economic Zone Ltd. On March 23, Adani Ports had said it would acquire 58.1 per cent stake held by DVS Raju and family in GPL for Rs 3,604 crore. Earlier in the month, the company had announced acquisition of 31.5 per cent stake held by Windy Lakeside Investment Limited, an affiliate of Warburg Pincus, in GPL for Rs 1,954 crore. Together, both the transactions would take Adani Ports stake in GPL to 89.6 per cent.

Andhra pradeshTamil naduWarburg pincusVishwa samudra holdingsAdani groupKrishnapatnam port ltdWindy lakeside investmentCompetition commission of indiaEconomic zone ltdGangavaram port ltdCompetition commissionAdani portsSpecial economic zoneWindy lakeside investment limitedVizag portKrishnapatnam port

CCI approves Adani Ports 89 6% stake buy in Gangavaram Port

CCI approves Adani Ports 89 6% stake buy in Gangavaram Port
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Andhra pradeshTamil naduWarburg pincusVishwasamudra holdingsAdani groupKrishnapatnam port ltdWindy lakeside investmentCompetition commission of indiaEconomic zone ltdGangavaram port ltdCompetition commissionAdani portsSpecial economic zoneWindy lakeside investment limitedAdani portVizag port