Adani Ports sells Australian rail logistics unit to parent
India’s Adani Ports and Special Economic Zone Ltd (APSEZ) has sold its Australian rail logistics unit, Bowen Rail Company Pty Limited (BRCPL), to Adani Global Pte Limited for an undisclosed amount subject to Australian Regulatory approval. BRCPL transports coal...
Adani Group’s Bonds and Stocks Drop on ET Reports of FPI Account Freeze
Adani Group’s bonds and stock fell on Monday after a report from the Economic Times (ET) said that the accounts of three foreign funds holding shares in its group companies were frozen by the National Securities Depository Ltd (NSDL). The three foreign funds in...
