Adani Ports

Adani To Retire At 70: Who Will Be The Next Chairman?

Adani To Retire At 70: Who Will Be The Next Chairman?

Gautam Adani, Indian business Tycoon and Asia’s second-richest person, has decided to step down from his position in early 2030 and transfer his control to his sons and nephews. The 62-year-old multi-billionaire will retire at the age of 70 and has emphasized the importance of succession in an interview with Bloomberg News. According to the…

Adani Ports And SEZ To Pay $ 130 Million Of Debts

Adani Ports And SEZ To Pay $ 130 Million Of Debts

Adani Ports and Special Economic Zone combined to pay $ 130 million of its debt. The APSEZ company offered nearly $413 million worth had been tendered for early payment.  The company, APSEZ, announced a tender of up to $ 130 million of 3.375 per cent dollar-denominated bonds, set to mature in 2024. It also stated…

Indian Oiltanking Signed Agreement With Adani Ports

Indian Oiltanking Signed Agreement With Adani Ports

On Wednesday, Adani Ports and the Special Economic Zone Ltd. (APSEZ) announced that it acquired a 49.38% stake in Indian Oiltanking for Rs 1,050 crore.  APSEZ, a flagship transportation sector of the Adani group, is India’s largest private ports and logistics company.  Under the agreement, Adani Ports will also obtain an additional 10% equity stake…

Adani Group Would Invest $150 Bn To Generate Green Energy

Adani Group Would Invest $150 Bn To Generate Green Energy

Currently, the Gautam Adani Group is trending as the richest business all over the country. The Adani Group is willing to invest an amount of USD 150 billion all across its businesses. The Adani Group would convert a wide range of their business to work on green energy, such as using renewable resources in data…