
AMC to trim BRTS-obstructing metro pillar in Akhbarnagar

Adani Ports to block vessels under US, UK, EU sanctions
The Adani Group has barred vessels subject to sanctions by the United States, United Kingdom, and European Union from docking at its ports, according to an order reviewed by Reuters. The move is intended to protect the group’s legal and commercial interests at a time when international shipping is under increasing scrutiny.The directive stated, “To safeguard the legal and commercial interests of the Port, we hereby emphasize that sanctioned vessels are not accepted.” It also instructed that vessel agents must provide a written undertaking confirming that their ships are not subject to sa..

Tega-Apollo consortium to acquire Molycop for $1.5 bn
Tega Industries, in consortium with funds managed by affiliates of Apollo, entered into a term sheet on September 10 to acquire Molycop, a leading global supplier of grinding media for the mining industry. The deal, valued at $1.5 billion, will be executed with American Industrial Partners (AIP) as the seller.According to a stock exchange filing, the company noted, “This strategic, complementary acquisition will establish Tega Industries as one of the world’s leading designers and manufacturers of ‘critical-to-operate’ consumables for certain production steps in the mining, mineral pro..

JSW Infra to invest ₹380 cr in Karnataka logistics park
JSW Infrastructure has acquired an 86-acre brownfield rail siding at Kudathini in Ballari, Karnataka, for ₹57 crore to develop a multi-modal logistics park (MMLP). The total investment for the project is expected to reach ₹380 crore over the coming years.The project, undertaken through the company’s subsidiary JSW Port Logistics, will feature a rail freight terminal, an inland container depot, and modern cargo-handling systems. According to the company, commercial operations are likely to commence within the next six months, with further expansion carried out in phases.JSW Infra stated t..