Adani Ports buys 95 percent stake in Gopalpur Ports

Nalanda Capital Sells Stake in Great Eastern Shipping

Nalanda Capital has divested a 1.4% stake in Great Eastern Shipping, a prominent player in the ports and shipping industry, for a total sum of Rs. 1.90 billion. This move comes amidst evolving market dynamics and reflects Nalanda Capital's strategic realignment of its investment portfolio.

The sale of shares in Great Eastern Shipping represents a calculated decision by Nalanda Capital to optimise its investment holdings and capitalise on market opportunities. The transaction, valued at Rs. 1.90 billion, underscores the investor's confidence in realising returns while maintaining flexibi..

Chabahar unveils India's infrastructure strategy

The centrepiece of the Narendra Modi government's agenda is the construction of an extensive network of roads, highways, tunnels, bridges, airports, metros, and high-speed trains. However, one crucial aspect of Modi's ambitious infrastructure overhaul remains hidden from the view of voters.

Last week, The Economist pointed out that while most Indians may not directly engage with certain sectors, such as ports, these areas undergo significant transformations that impact their lives. The magazine noted substantial enhancements in the capacity and efficiency of ports, illustrating a deep..

Myanmar in talks with Russia to build deepsea port & oil refinery

The decision by Myanmar's ruling junta to choose Russia for the construction of a Dawei deep seaport on the country's east coast has angered China, which had also been considering building the port near the Thailand border.

It has been learned that the Myanmar junta is interested in having Russian investment in the port project, along with the establishment of a special economic zone that includes an oil refinery.

China had previously conducted a feasibility study of the Dawei port but decided to focus on building the Kyakphyu deep seaport, which is near the Sittwe port built b..