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Mumbai to get more ROPAX ferry, water taxi routes by Dec - The Hindu BusinessLine

Mumbai to get more ROPAX ferry, water taxi routes by Dec - 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.

Adani Ports acquires Dighi Port, earmarks Rs 10K cr for new gateway into Maharashtra

URL copied Adani Ports acquires Dighi Port, earmarks Rs 10K cr for new gateway into Maharashtra Adani Ports and Special Economic Zone Ltd on Tuesday informed that it has completed the acquisition of 100 per cent in Dighi Port Limited (DPL) for Rs 705 crore on February 15. The company had intimated the commencement of this development to stock exchanges on March 6, 2020. With the acquisition, DPL has become the 12th port to join APSEZ s string of economic gateways across the eastern and western coast of India and would establish the company s footprint in Maharashtra. This would enable APSEZ to service customers in the state, including the highly industrialised areas in the Mumbai and Pune regions, the company said in a statement.

Benchmarks trade with small losses; breadth positive

Key equity indices were trading with small losses in early afternoon trade. The Nifty was hovering near 15,300 mark. Indices witnessed profit selling after recent steep gains. PSU banks and media stocks were in demand while pharma and IT shares declined. At 12:20 IST, the barometer index, the S&P BSE Sensex, fell 115.72 points or 0.22% at 51,988.45. The Nifty 50 index lost 20.80 points or 0.14% at 15,292.65. In the broader market, the S&P BSE Mid-Cap index rose 0.30% while the S&P BSE Small-Cap index gained 0.79%. The market breadth was positive. On the BSE, 1,472 shares rose and 1,271 shares fell. A total of 139 shares were unchanged. Derivatives:

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