Live Breaking News & Updates on திகி போர்த் லிமிடெட்
Stay updated with breaking news from திகி போர்த் லிமிடெட். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Posted on March 7th, 2021 Courtesy The Straits Times Colombo, March 7 (newsin.asia): The Sri Lanka Port Workers’ Union General Secretary Niroshan Gorakahenna told the media on Saturday that the workers are opposed to handing over the port to the Adanis and asserted that the Sri Lanka Ports Authority (SLPA) itself should undertake to build the WCT. It can do the ECT, it should be able to do the WCT too,” he said and added: Sri Lankan nationalists cannot oppose foreign involvement in the East Container Terminal and allow it in West Teminal. Workers will oppose it. We plan to talk about this to the Chairman of the SLPA on Monday,” Gorakahenna is quoted in Virakesari as saying. ....
Adani Ports on a roll with three big acquisitions in five months With three big acquisitions having a combined value of ₹14,659 crore in five months, Gautam Adani-led Adani Ports and Special Economic Zone Ltd (APSEZ) is on a roll. On March 3, APSEZ acquired a 31.5% stake in Gangavaram Port Ltd (GPL) from a unit of private equity firm Warburg Pincus LLC for ₹1,954 crore and said it was in talks with D V S Raju and family, the promoters of the port located in Visakhapatnam, for buying their 58.1% stake in GPL. Gangavaram is APSEZ’s second big acquisition in Andhra Pradesh, India’s second biggest maritime state by cargo volumes handled, after picking up a 75% stake in Krishnapatnam Port Co Ltd (KPCL) for an enterprise value of Rs12,000 crore on October 5. ....
Adani Ports on a roll with three big acquisitions in five months March 05, 2021 On the prowl for more as promoters look to cash in on the stress situation With three big acquisitions having a combined value of ₹14,659 crore in five months, Gautam Adani-led Adani Ports and Special Economic Zone Ltd (APSEZ) is on a roll. On March 3, APSEZ acquired a 31.5% stake in Gangavaram Port Ltd (GPL) from a unit of private equity firm Warburg Pincus LLC for ₹1,954 crore and said it was in talks with D V S Raju and family, the promoters of the port located in Visakhapatnam, for buying their 58.1% stake in GPL. ....
DPL, the 12th port to join APSEZ s string of economic gateways across the eastern and western coast of India will establish the company s footprint in Maharashtra, the largest contributor to India s GDP ....