New Delhi, March 18 (IANS) Domestic liquefied petroleum gas (LPG) production has increased by 40 per cent, the government said on Wednesday, adding that supply concerns remain owing to the closing of the key oil route of the Strait of Hormuz.Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Oil Refinery, Sujata Sharma, said during the regular briefing that petrol pumps have enough petrol and diesel stocks.”Domestic LPG production has increased by 40 per cent while no dry-outs h…
Latest Adani Ports News & Updates
Bhuj, March 18 (IANS) The Indian‑flagged crude oil tanker, ‘Jag Laadki’, has safely arrived at Adani Ports’ Mundra terminal in Gujarat, carrying approximately 80,886 metric tonnes of crude oil sourced from the United Arab Emirates.The vessel was loaded at Fujairah Port and berthed here on Wednesday, port officials confirmed.’Jag Laadki’ measures 274.19 metres in length overall with a beam of 50.04 metres, a deadweight tonnage of around 1,64,716 tonnes and a gross tonnage of about 84,73…
Mumbai, Feb 26 (IANS) The Indian stock market ended a volatile trading session on a mixed note on Thursday, with healthcare and PSU bank stocks leading the gains while media and FMCG shares lagged behind.The benchmark Nifty closed marginally higher by 0.06 per cent, or 14.05 points, at 25,496.55. In contrast, the Sensex slipped 27.46 points, or 0.03 per cent, to settle at 82,248.61.Commenting on Nifty technical outlook, experts said that a decisive close above 25,700 accompanied by strong volume…
Ahmedabad, Feb 21 (IANS) Adani Ports and Special Economic Zone (APSEZ), through its subsidiary Adani Gangavaram Port Limited (AGPL), has signed a strategic memorandum of understanding (MoU) with government-run NMDC Limited and Vale Brazil, it was announced here on Saturday.The MoU, signed at the India–Brazil Business Forum Summit, establishes a strategic framework for the development of an iron ore blending facility and a dedicated Special Economic Zone (SEZ) at Gangavaram Port.The agreement w…
Ahmedabad, Feb 18 (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) and the Port of Marseille Fos, France’s leading port and the Mediterranean’s premier gateway, on Wednesday announced a collaboration to deepen cooperation on trade facilitation, port innovation, and energy transition and further boost India-Europe trade connectivity.The Memorandum of Understanding (MoU) proposes the creation of an IMEC Ports Club to strengthen coordination among key ports along the India-Middle East-E…
Mumbai, Feb 4 (IANS) Indian equity markets closed almost flat on Wednesday, snapping a two-day rally, as a sharp fall in information technology (IT) stocks weighed on the benchmark indices. Investor sentiment turned cautious after fresh concerns about advances in artificial intelligence (AI) hit global software stocks.At the closing bell, the Nifty rose 48.45 points, or 0.19 per cent, to settle at 25,776.00. The Sensex gained 78.56 points, or 0.09 per cent, to end at 83,817.69.Nifty traded in a …
Mumbai, Feb 3 (IANS) Indian stock markets witnessed a strong rally on Tuesday as investors cheered the finalisation of the long-awaited India–US trade deal.Both benchmark indices, the Sensex and the Nifty, posted sharp gains — reflecting positive sentiment across Dalal Street.By the end of the trading session, the Sensex jumped 2,072.67 points, or 2.54 per cent, to close at 83,739.13.Meanwhile, the Nifty climbed 639.15 points, or 2.55 per cent, to settle at 25,727.55.“The key support zone r…
Mumbai, Feb 3 (IANS) Stocks of the Adani Group companies surged on Tuesday in early trade after the announcement of the India-US trade deal, led by Adani Enterprises Ltd (AEL), which traded near the upper circuit of 10 per cent.Adani Green and Adani Energy also gained more than 7 per cent as the stock market rallied. The gains trickled down to Adani Ports, Adani Power, Ambuja Cements and Adani Total, all of which rose by than 4 per cent.The investor sentiment in Adani Group companies was aided b…
Mumbai, Feb 2 (IANS) Indian equity markets bounced back strongly in the final hour of trade on Monday, helped by late buying in heavyweight stocks such as Adani Ports, Bharat Electronics, L&T, Mahindra & Mahindra, ICICI Bank and HDFC Bank.The Sensex recovered sharply from its intra-day low of 80,387.25. It jumped as much as 1,345 points to touch a high of 81,732 before closing at 81,666. The index ended the day up 944 points, or 1.17 per cent.Similarly, the Nifty moved in a wide range du…
Mumbai, Jan 27 (IANS) India’s benchmark stock market indices ended higher on Tuesday after a highly volatile trading session, supported by improved investor sentiment following the announcement of a bilateral trade deal between India and the European Union.At the close of trade, the Nifty rose 0.51 per cent, or 126.75 points, to settle at 25,175.40. The Sensex also ended higher, gaining 319.78 points, or 0.39 per cent, to close at 81,857.48.“A sustained breakout above 25,400 would be require…