MUNDRA PORT
Mundra to Chile, Adani amps up the volume of its heavy metal rock
Adani Group has signed an agreement with Codelco to explore a copper project in Chile. This partnership aims to ensure a secure supply of copper for its operations in Mundra, Gujarat. The agreement comes amid rising copper demand in India and a need for more imports.
‘Ocean freight rates will come down eventually, we have seen this before’: DP World COO
Global ocean freight rates are predicted to decrease after a surge due to logistical disruptions from the US-Iran conflict. DP World rerouted shipping routes through India to mitigate the impact on trade, showcasing the importance of Indian partnerships. Investment in Jebel Ali Free Zone increased significantly, with over 270 new Indian companies starting operations recently. Alternative routes were implemented for Indian cargo to bypass maritime bottlenecks, enhancing connectivity for trade.
Centre proposes 10 new entry points for drug imports into India, Noida airport included
The Centre has proposed expanding India's authorised import network for pharmaceuticals and medical devices by adding ten new locations. These include Noida International Airport and several inland container depots across industrial hubs in India. This expansion aims to simplify the import process and reduce transportation costs for companies. The health ministry has invited public feedback on the draft amendment to Drugs Rules, 1945.
Punjab: Rahul Gandhi targets CM Bhagwant Mann over 'Nasha', says AAP govt run from Delhi
Rahul Gandhi launched the Congress campaign in Sangrur, criticizing Chief Minister Bhagwant Mann's handling of addiction issues. He claimed that Mann's alleged alcohol use undermines efforts to combat substance abuse in Punjab. Gandhi accused AAP leader Arvind Kejriwal of controlling the Punjab government from Delhi, asserting that the state needs local leadership. He also challenged Union Home Minister Amit Shah's promises regarding drug eradication by 2029.
Logistics links, shipping services emerge as key drivers for India's maritime growth: Report
India’s next phase of maritime growth will depend on improving logistics, inland connectivity and shipping services rather than simply expanding port capacity, according to a Ficci-Kearney report. Cargo handled at major and non-major ports rose 38% between FY18 and FY26, outpacing the 22% increase in capacity, while delays in moving goods after export approval account for 84% of measured export time.
Adani Ports makes $3.3 billion play for Evos Terminals
Adani Ports has submitted a binding $3.3 billion bid for Evos Terminals, a European liquid-storage operator with eight terminals across five countries, as it looks to expand overseas and build exposure to energy-transition infrastructure. The move follows APSEZ’s unsuccessful bid for Associated British Ports and reflects a broader push into global ports, container assets and liquid terminals.
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Indian refiners' fuel exports to the West jump 43% as they keep processing Russian crude
In September, Indian and other refineries exported 1 billion euros' worth of oil products made from Russian crude. This marked a 43 percent increase from August, highlighting growing trade. Refineries in India, Turkiye, and Brunei facilitated these exports, with India being a leading buyer of Russian fossil fuels. Notably, India's imports of Russian crude fell by 13 percent during the same month.
DP World bidding for all assets on offer: CEO Yuvraj Narayan amid West Asia conflict
DP World is increasing its focus on the Indian port sector to explore new opportunities. The company plans to expand its capacity at Tuna Tekra and aims to renew concessions in Mumbai and Mundra. Significant disruptions in West Asia have heightened global supply chain costs and influenced capacity planning within logistics. As companies shift away from just-in-time supply chains, larger inventories are now prioritized for resilience.
How Gautam Adani turned Rs 1 lakh crore of stressed asset deals into a mega infrastructure bet
Gautam Adani's ambitious acquisition strategy involves securing over 20 infrastructure deals valued at ₹1 lakh crore, encompassing diverse sectors such as power, ports, airports, and renewable energy. This approach comes in response to prior financial challenges in India. The Adani Group aims to boost operational efficiencies and expand its capacity, resulting in improved EBITDA across its thermal power plants.
DHL Express to raise shipment charges by 8.9pc in India starting January
DHL Express will increase its shipment charges in India by 8.9 percent starting January 1. This adjustment is necessary to address rising costs due to inflation and currency fluctuations. The company aims to maintain service reliability while enhancing its global operations. Additionally, ongoing labor market pressures also impact operational costs across various regions. DHL remains committed to investing in sustainable logistics and supporting its customers' needs.
Centre notifies India’s first mega ports: Adani’s Mundra among four to get new status
The Centre has notified four ports: Deendayal (Kandla), Jawaharlal Nehru (Nhava Sheva), Paradip and Adani Group’s Mundra, as ‘mega ports’, introducing the nomenclature for the first time. The status, valid for five years, is based on cargo handling thresholds of 150 MMT annually for bulk ports or 7.5 million TEUs for container ports.
Paradip Port gets 'Mega Port' status, only one on East Coast
Paradip Port has been designated as a Mega Port under the Indian Ports Act, 2025. This recognition is a significant milestone for its development and operational capabilities. The government’s decision aims to strengthen maritime connectivity and support infrastructure growth. Paradip Port's strategic location enhances its importance as a key gateway for trade. The designation is expected to promote its development as a globally competitive maritime hub.
Adani outlines road map for big Bengal push, says East must rise for Viksit Bharat to be a reality
Gautam Adani spotlighted West Bengal's pivotal role in enhancing India's economic power, citing its strategic location and other key strengths. He unveiled ambitious plans for investments surpassing Rs 1 lakh crore across diverse sectors in the state over the next ten years.
'BJP will once again form govt in UP with massive majority in 2027': Nitin Nabin
BJP National President Nitin Nabin expressed confidence during a two-day visit to Uttar Pradesh that the party will return to power with a "massive majority" in the 2027 State Assembly elections. Highlighting UP’s transformation under Chief Minister Yogi Adityanath from a state once associated with mafia activities to a hub for development, defense manufacturing, and technologies like AI and semiconductors, Nabin commended the leadership and public support driving the state forward.
Calcutta HC to hear Cong's Nandigram bypoll candidate's protection plea on September 22
The Calcutta High Court will hear Congress candidate Milan Pradhan's plea for protection. He seeks relief from coercive action in five additional criminal cases. Pradhan is already in judicial custody for five other registered cases. His arrest effectively ends his campaign for the Nandigram bypoll.
'Method Of Disenfranchising Indians': Congress slams SIR
The Congress party has criticized the Election Commission's voter list revision exercise. They allege this process is a method of disenfranchising Indian citizens. Large numbers of notices have been issued for discrepancies in voter details. The opposition claims this disproportionately affects disadvantaged sections of society. The Election Commission states the revision will cleanse the voter list of ineligible entries.
SC agrees urgent listing of Mamata Banerjee' s plea challenging EC's decision to freeze party name, symbol
The Supreme Court will urgently hear Mamata Banerjee's challenge. She contests the Election Commission's decision to freeze the Trinamool Congress party name. The poll panel had previously barred both factions from using the party's symbol. This interim order came after hearing leaders from the rival groups.
"Drug fight should begin from Mundra Port, not Punjab": says AAP National Convenor Arvind Kejriwal
Arvind Kejriwal stated the drug fight should start from Gujarat's Mundra Port. He reacted to BJP chief Nitin Nabin's remarks on Punjab's anti-drug campaign. Nabin launched a 13-day 'Nasha Mukt Punjab Yatra' from Pathankot. The BJP's campaign aims to disrupt drug supply networks and aid rehabilitation.
ETMarkets Management Talk | Nuclear, data centres, hydrogen: DEE Development Engineers maps its next growth phase, says Shikha Bansal
For DEE Development Engineers, the focus is now shifting from a largely capex-led expansion phase towards capacity utilisation, execution, asset turns and stronger operating cash flows.
Amit Shah calls western states 'WEST' engine of India's economy
Union Home Minister Amit Shah highlighted the western region as India's economic growth engine. He defined 'WEST' as wealth, exports, startups, and tourism driving national progress. Goa significantly contributes to economic growth through tourism and its high per capita income. Maharashtra leads with numerous startups, while Dholera emerges as a semiconductor hub. Mumbai, the financial capital, is also becoming a global capital hub.
Adani Ports to launch dedicated Empty Container Yard operations at Mundra
Adani Ports will launch a dedicated Empty Container Yard at Mundra Port. This facility will offer integrated warehousing and end-to-end container lifecycle services. Operations will streamline container handling and improve service for shipping lines. The port handles thirty-five percent of India's container trade annually. Adani plans to add six million TEUs of capacity over five years.
Adani calls for new credit rating framework for transformational infrastructure
In a bold move, Gautam Adani has demanded a significant reform of the infrastructure rating models. He criticized current assessments for their inability to reflect the value generated by interconnected platforms. Adani used Mundra and Vizhinjam ports as key illustrations of vital assets, while also showcasing the substantial promise of the Khavda renewable energy initiative. He warned that success in the future hinges on merging AI with robust infrastructure.
Adani Ports or Gujarat Pipavav: Which stock benefits more from Gujarat concession extensions?
Gujarat’s reported decision to extend port concessions has removed a key overhang for Adani Ports and Gujarat Pipavav. While Pipavav stands to benefit more immediately as its concession expires in 2028, Adani Ports gains longer-term visibility for its Gujarat assets. Brokerages, however, see a sharper valuation risk for Pipavav.
Adani's Dhamra Port has many hurdles to cross unlike Mundra Port, Dhamra faces connectivity issues, say experts
Gautam Adani built Mundra Port, often described as the crown jewel of the Adani Group, in Gujarat in 1994. It went to become India's largest private port. Factors like political backing, access to land and industrialisation in the state helped.
Sell Mundra Port with a stop of 132: Ashwani Gujral
Mundra Port can be sold with a target of 180.
Sell Mundra Port with target of 125: Ashwani Gujral
Mundra Port is a sell with a stop of about 141 and a target of 125.
Mundra Port should be squared off by end of day: Deepak Mohoni
"In the short sales, there is Mundra Port, stock that has started floundering a little bit in this decline and it is day trade, should be squared off by the end of the day."
Mundra Port to raise capacity to 80 mn tonnes: Director
In an interview with ET Now, Rajeeva Ranjan Sinha, Director, Mundra Port & Sez, talks about the company’s performance and future plans. Excerpts:
Macquarie reduces target on Mundra Port & SEZ
Macquarie Equities Research has maintained ‘Outperform’ rating on Mundra Port & SEZ. It has reduced the price target to Rs 148 per share .
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