LIC reduces 2 per cent stake in Adani Ports and SEZ in nearly 3 years

It said the holding decreased by 2.018% during the period from January 23, 2019, to November 11, 2022, at an average cost of Rs 646.59.

published on : 15th November 2022

Adani Ports acquires 49 per cent stake in liquid storage firm Indian Oiltanking

This agreement also includes acquisition of an additional 10% equity stake in IOT Utkal Energy Services, a 71.57% subsidiary of IOTL.

published on : 10th November 2022

Adani Enterprises may see USD 189 million inflows post-Nifty entry

On the contrary, Shree Cement could see an outflow of $56 million. IT firm Mindtree, which is being excluded from Nifty Next 50, is expected to see outflow of $55 million, as per the report.

published on : 30th September 2022

SEZ Act and rules may be notified together

The Bill, which was supposed to be tabled in the Monsoon session of parliament, will now be placed before the parliament in the next session.

published on : 8th September 2022

12 years on, Thoothukudi SEZ has only a few takers; call for policy change

Industrialists are calling for a change in policy for Special Economic Zones so that factories other than export-oriented can also set up shop in the zone.

published on : 26th August 2022

CM Jagan to inaugurate ATC Tires unit at AP SEZ in Anakapalli district

The Chief Minister will also lay the foundation stone for the second phase works of ATC Tyres AP Private Limited.

published on : 16th August 2022

Government issues SoP for work from home in SEZ

As per the new rule, the government will allow the WFH option to be extended to 50% of the staff, including contractual workers, and for a maximum period of one year.

published on : 13th August 2022

Adani Ports Q1 net profit drops 17 per cent to Rs 1,091.56 crore

Karan Adani, CEO and whole-time director of APSEZ, said, "Q1 FY23 has been the strongest quarter in APSEZ's history, with a record cargo volume and highest ever quarterly EBITDA."

published on : 8th August 2022

High-power committee visits Seeds garment plant to probe gas leak

The committee headed by pollution board principal secretary Vijaya Kumar visited the M1 block where the leak was reported and launched an investigation to find causes for the leak.

published on : 5th August 2022

Government likely to come up with SoP for work from home in special economic zones

As per the new rule, the government will allow the WFH option to be extended to 50% of the staff, including contractual workers, and for a maximum period of one year.

published on : 4th August 2022

Gas leak at apparel unit still a mystery, samples sent to Hyderabad research centre 

According to officials, there are 436 red categories, 353 orange categories,185 green categories and 76 white category industries in the combined Visakhapatnam district. 

published on : 4th August 2022

Work from home allowed for maximum one year in special economic zone: Commerce Ministry

Employees of IT/ITeS SEZ units; employees, who are temporarily incapacitated; employees, who are travelling and who are working offsite, are included.

published on : 19th July 2022

Government likely to table SEZ bill in monsoon session of Parliament

The proposed bill is likely to replace the existing SEZ Act with the new law, which will enable the economic zones to become export hubs, as well as development hubs.

published on : 15th July 2022

Demand grows to make Hubballi Infosys Campus operational

The company developed its Hubballi campus with a built-up area of 3.64 lakh sqft by 2018 which has a capacity to house 1400 employees.

published on : 28th June 2022

Need a week, not sure of finding source of ammonia gas leak: Andhra Pradesh Pollution Control Board

The PCB official suspected that the gas might have either leaked from the AC unit at Seed Intimate Apparel unit or the Effluent Treatment Plant.  

published on : 5th June 2022

Andhra Pradesh gas leak: 'Industrial safety highly pathetic in SEZ', says Human Rights Forum

Says medical and health facilities in SEZ and various industrial units in Visakhapatnam are deplorably inadequate

published on : 5th June 2022

Adani Ports to acquire Ocean Sparkle Ltd

It was established in 1995 by a group of marine technocrats with P Jairaj Kumar as chairman and MD, who will continue as the chairman of the OSL board, according to a release here on Friday.

published on : 23rd April 2022

Eye on investment, govt to set up 1,000-acre SEZ corridor in Satya Sai district

The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has sent proposals to the government for acquiring 880 acres from farmers for the proposed SEZ in the district.

published on : 21st April 2022

ICICI Bank, GIFT SEZ join hands to promote GIFT SEZ to Indian, global businesses

GIFT SEZ is the country's first International Financial Services Centre (IFSC) which is being developed as a global financial services hub.

published on : 13th April 2022

Madhurawada SEZ deal: YSR Congress MP V Vijayasai Reddy files complaint against TDP leaders

The government of undivided Andhra Pradesh had entered into an agreement to develop 97.35 acres at Madhurawada with NCC Limited.

published on : 9th April 2022
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