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Adani Ports to acquire Aus terminal for $2.4 bn
April 18, 2025
|The New Indian Express Vellore
ADANI Ports and Special Economic Zone Ltd. (APSEZ), India's biggest private port operator, announced on Thursday a $2.4 billion non-cash acquisition of a coal export terminal in Australia from a group company.
As part of a non-cash transaction, APSEZ will issue 14.38 crore equity shares under preferential allotment route to the seller (a related party), which will result in a net increase of 2.13% in promoter group holding. The transaction is subject to requisite approvals, including from the Reserve Bank of India (RBI), shareholders, Foreign Investment Review Board of Australia and is expected to close in
هذه القصة من طبعة April 18, 2025 من The New Indian Express Vellore.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Vellore
The New Indian Express Vellore
Naga woman, abducted by militants from India-Myanmar border, released
A Tangkhul Naga woman, abducted by insurgent group Kuki National Army-Burma (KNA-B) and Village Volunteers Eastern Zone from the Namlee village near the India-Myanmar border in Manipur’s Kamjong district in the early morning of Thursday, was released on Saturday.
1 min
May 10, 2026
The New Indian Express Vellore
Reworking approach & acclimatisation: Sreeshankar’s prep for key meets
AS scores of athletes practice ahead of the Indian Athletics Open Series - 6, which is the final event before the all-important National Senior Athletics Federation Competition later this month, India’s ace long jumper M Sreeshankar’s presence cannot go unnoticed.
2 mins
May 10, 2026
The New Indian Express Vellore
50 tourist spots to be developed as ‘global hubs’
THE Tourism Ministry is all set to roll out its ambitious challenge-based scheme to boost the country’s tourism sector, under which up to 50 destinations across India will be transformed into “global-standard” tourist hubs with financial assistance of up to 500 crore per project.
1 mins
May 10, 2026
The New Indian Express Vellore
USTR report: Pharma cos seek govt aid
INDIA'S pharmaceutical industry is seeking greater government support to safeguard its formulations segment following concerns raised in the USTR Special 301 Report.
1 mins
May 10, 2026
The New Indian Express Vellore
Scents and Sensibility
In the language of luxury interiors, scent is the most intimate signature
2 mins
May 10, 2026
The New Indian Express Vellore
Once ideological citadel of Left, Brigade turns saffron
A grand show unfolded at the iconic Brigade Parade Grounds in Kolkata, where Suvendu Adhikari took oath as the first BJP Chief Minister on Saturday in West Bengal.
1 mins
May 10, 2026
The New Indian Express Vellore
SAFFRON BENGAL NEEDS RAM RAJ
N the blazing midday sun on May 9, history did not merely turn a page at Kolkata’s Brigade Parade Ground.
4 mins
May 10, 2026
The New Indian Express Vellore
Vijay swearing in may affect nat’l series athletics
As the new government in Tamil Nadu is set to take charge, events on Sunday’s Indian Open Athletics series-6 may get affected.
1 min
May 10, 2026
The New Indian Express Vellore
Textured Travel
If you've done Kolkata—its history, culture, and food—it’s time to move at a different pace.
2 mins
May 10, 2026
The New Indian Express Vellore
A Recipe for Resilience
In Stories from a Kargili Kitchen, food becomes a way of reading the land. What emerges is a lived-in cuisine where warmth, ingenuity, and tradition sit at the table
1 mins
May 10, 2026
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