In the second major incident of drug bust from Gujarat’s Mundra port in one year, the state anti-terrorist squad (ATS) and the Directorate of Revenue Intelligence (DRI) on Tuesday seized Rs 350 crore worth heroin in a joint-operation after container from the Middle-East was intercepted by the agencies at the port owned by the Adani […]
APSEZ reported an expectedly weak print in Q4. Its capex plan aims to provide the path for APSEZ to (1) reach 500-mn ton port volume target by FY2025 from 350-360-mn FY2023 guidance and (2) become a transport utility with a strong logistics offering. Up-fronting of capex and fluid market conditions would make the path to […]