Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday announced the acquisition of a 95 per cent stake in Gopalpur Ports in Odisha from Shapoorji Pallonji Group and Orissa Stevedores Ltd at an equity value of Rs 1,349 crore. In Gopalpur Ports, Shapoorji Pallonji Group (SP Group) firm SP Port Maintenance Pvt Ltd has a 56 per cent stake and Orissa Stevedores Ltd (OSL) has a 44 per cent stake. Gopalpur Port is an all-weather deep-water berthing port with a capacity of 20 million tonnes per annum (MTPA) situated in Ganjam district of Odisha.
Commonwealth Games gold medallist Amit Panghal, national champion Akash and Abhimanyu Loura put up a stellar show to move into the quarterfinals of the 75th Strandja Memorial Tournament in Sofia, Bulgaria on Wednesday.
The revamped Special Economic Zone (SEZ) law is unlikely to see the light of the day before the upcoming Lok Sabha elections, two people aware of the matter said. The commerce department had sought the Union Cabinet's nod to bring amendments to the existing SEZ Act, 2005 late last year. The plan, thereafter, was to introduce the Bill in the winter session of Parliament. Cabinet's approval remains pending.
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Liverpool cruised into the fifth round of the FA Cup with a 5-2 rout of Championship side Norwich City on Sunday, to kick off Juergen Klopp's long goodbye at Anfield.
Luton Town knocked out Everton and sixth tier Maidstone United upset Championship Ipswich Town
If Tesla comes in, India's position as a manufacturing hub will rise many notches, as it will become only the second country, after China, to have both Apple as well as Tesla.
'It was quite emotional as well, actually -- I lost my two grand dads about a year and a half ago and they used to just sit and watch Test cricket all the time. Their wish was to see me out on the TV, I know they're supporting me from up above.'
A 5 foot tall lantern replica of the World Cup replica to wish the Indian cricket team success for World Cup 2023 at the Mahadavavhi Wadi Te Wageshwari Sarvajanim Ganesh Mandal in Parel, north central Mumbai.
World number one Iga Swiatek blasted past American Danielle Collins 6-3, 6-0.
Gavaskar wants Ashwin to lead team out on field in Dharamsala in his 100th Test.
West Bengal Chief Minister Mamata Banerjee visited the building collapse site at Azan Molla Lane in the city's western periphery and assured local residents of stern action against illegal construction.
'If equities perform well in a year, withdraw money from equities. If the equity market is down, shift withdrawal to the debt portion.'
Alexander Zverev said his energy began to fade midway through his five-sets Australian Open semi-final loss to Daniil Medvedev
India descended to the 6th position in the ICC World Test Championship points table due to a 2-point penalty
'The vision now is not just to look at national highways as a number of kilometres, but quality as well.'
'The Chennai Super Kings management is supportive of Ben in his decision to manage his workload with England'
Former Spanish tennis star Arantxa Sanchez Vicario has been given a suspended jail term for fraud, a court in Barcelona said on Wednesday.
'The first year of the Modi government's second term has laid the roadmap for the future and we will embark on it with gusto,' promises Gopal Krishna Agrawal, the BJP's national spokesperson on economic affairs.
When you are under social, peer, parental, sibling, marital pressure to buy a house direct them to this article, says P V Subramanyam
Novak Djokovic hampered by wrist issue at United Cup
Arsenal's victory ended a run of three successive defeats in all competitions and put them level on 43 points with Aston Villa and champions Manchester City. Arsenal's goal difference is superior to Villa's but worse than City's.
Bopanna and Ebden won 7-6(0), 7-5 in the final that lasted one hour and 39 minutes.
Coco Gauff eked out a victory to reach her first Australian Open semi-final on Tuesday.
Gauff survives scare, Osaka advances
Yuan broke Stephens when the American was serving for the match at 6-5. Stephens led 5-4 in the tie-break but could not hold on to her advantage and crashed out.
Ukrainian's powerful forehand eventually overcame the 19-year-old Czech, who was the youngest player left in the women's draw.
The major task of the country is to move as fast as it can to achieve a higher standard of living, said former RBI governor C Rangarajan.
Rafael Nadal continued his impressive return from a long injury layoff with a 6-1 6-2 demolition of wildcard Jason Kubler to reach the quarter-finals at the Brisbane International on Thursday ahead of this month's Australian Open.
Indian women beat Thailand 3-2 in final, clinch historic gold in Badminton Asia Team Championships
Maruti recorded a 13.12% year-on-year surge in average revenue earned per car in 2023 compared to M&M's 7.56%, Hyundai's 6.76% and Tata Motors' 1.88%.
Berger Paints, the country's second-largest decorative paint maker, continued to outperform its peers and gain market share in the 2023-24 (FY24) October-December quarter (third quarter, or Q3). The company posted a consolidated revenue growth of 7 per cent compared to the year-ago quarter, surpassing Asian Paints (5.4 per cent) and Kansai Nerolac Paints (5.7 per cent).
Uber Chief Executive Officer (CEO) Dara Khosrowshahi sees India as one of the toughest markets and a standard to succeed in any other part of the world. One of the biggest challenges for the ride-hailing firm, according to Khosrowshahi, is the expectation of Indian consumers for more services at lower spending. "India is one of the toughest markets out there.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
n own goal by Jakub Kiwior and a thumping late strike by Luis Diaz sealed a 2-0 victory for Liverpool at Arsenal
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Finance Minister Nirmala Sitharaman will set a record by presenting the sixth Budget in a row -- 5 annual Budgets and one interim -- a feat achieved so far only by former Prime Minister Morarji Desai. With the presentation of interim Budget on February 1, Sitharaman will surpass the records of her predecessors like Manmohan Singh, Arun Jaitley, P Chidambaram, and Yashwant Sinha, who had presented five budgets in a row. Desai, as Finance Minister, had presented five annual Budgets and one interim Budget between 1959-1964. The interim Budget 2024-25 to be presented by Sitharaman on February 1, will be a vote-on-account that will give the government authority to spend certain sums of money till a new government comes to office after the April-May general elections.
The Street's optimism on India's largest listed automotive maker by market capitalisation is not misplaced, given the robust wholesale performance in recent months and the strong 2023-24 (FY24) October-December (Q3) results.
The wholesale price index-based inflation remained in the negative territory for the seventh straight month in October at (-) 0.52 per cent, on easing prices of food items. The WPI-based inflation rate has been in the negative zone since April and was at (-) 0.26 per cent in September, 2023. In October last year, WPI was at 8.67 per cent.