ADANIPORTS \u2014 Recent Activity

Indian Stocks Advance After U.S. Agrees to Slash Tariffs

Indian stocks jumped after President Trump agreed to slash tariffs on the country. The U.S. is lowering levies on Indian goods to 18% after the two nations struck a trade pact and Trump said New Delhi, led by Prime Minister Narendra Modi, agreed to stop buying Russian oil.

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India's Adani Ports posts quarterly profit rise on strong cargo volumes, appoints new CFO

Feb 3 (Reuters) - India's Adani Ports and Special Economic Zone, reported a higher third-quarter profit on Tuesday, reflecting strong volume growth, and appointed Sreedhar Krishna Menon as its new

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Adani Ports sees logistics revenue jump on rising shipping volumes

(Reuters) -India's Adani Ports and Special Economic Zone on Tuesday forecast revenue from its logistics segment to grow multi-fold by fiscal year 2029, as it expands into allied services to hedge

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India regulator still reviewing more than a dozen allegations against Adani, sources say

India's market regulator is still looking into more than a dozen allegations that Adani Group and its offshore funds broke securities regulations, two sources with direct knowledge of the investigations said on Friday. They spoke a day after the Securities and Exchange Board of India (SEBI) dismissed two allegations - one of stock manipulation, the other non-disclosure of related party transactions - made two years ago against Adani by U.S. short-seller Hindenburg Research. The conglomerate ow

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India's SEBI dismisses Hindenburg allegations against Adani group

The Securities and Exchange Board of India on Thursday dismissed allegations of stock manipulation against billionaire Gautam Adani and his group of companies made by U.S. short-seller Hindenburg Research. SEBI began investigating Adani Group companies, including Adani Ports, Adani Power and Adani Enterprises, in 2023 after Hindenburg accused them of using tax havens and failing to disclose transactions between related parties.

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India's Adani Ports posts quarterly profit rise on cargo volume growth

India's biggest private port operator is seen as a proxy for long-term infrastructure prospects in the world's fastest growing major economy. The company operates 15 domestic ports and terminals, and four international ones - including one in Haifa, a major port city in Israel. The Haifa port clocked highest quarterly revenue and operating core profits since the group acquired and privatised it in 2022, Adani Ports said.

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Update: Market Chatter: Mitsubishi UFJ in Talks With Adani Units to Offer $250 Million Offshore Loans

(Updates with Adani Group comments in the fifth paragraph.) Mitsubishi UFJ Financial Group (MUFG)

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Market Chatter: Mitsubishi UFJ in Talks With Adani Units to Offer $250 Million Offshore Loans

Mitsubishi UFJ Financial Group (MUFG) is in discussions with two Adani Group units to provide $250 m

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Adani Ports' bond sale draws LIC interest on India market return, sources say

MUMBAI (Reuters) -Adani Ports and Special Economic Zone, India's largest private port operator, has placed its longest-tenor debt with state-run Life Insurance Corporation of India, two sources familiar with the matter said on Thursday. The company raised 50 billion rupees ($585.33 million) through the sale of bonds maturing in 15 years at 7.75% annual coupon and the debentures were fully bought by LIC, the sources said, declining to be identified as they are not authorised to speak to the medi

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India's Adani Ports plans local debt market comeback after 17 months, bankers say

MUMBAI (Reuters) -Adani Ports and Special Economic Zone, India's largest private port operator, plans a return to the domestic bond market after a 17-month hiatus in what could be its largest-ever rupee denominated debt issue, three merchant bankers said on Wednesday. The Adani group did not immediately respond to a Reuters email seeking comments. It would also be the first time since early 2024 that the company will tap local bond market for funds.

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