
Adani Ports and Special Economic Zone on Thursday said it will acquire a 100 per cent stake in Jaypee Fertilizers & Industries from Jaiprakash Associates for ₹1,500 crore, as part of the NCLT-approved resolution plan for JAL.

During the next five years, the company plans to spend ₹60,000–63,000 crore on domestic ports, with a large part of the investments directed towards expanding infrastructure

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Institutional investors injected over Rs 7,400 crore into Adani Ports and Special Economic Zone (APSEZ) on Monday through significant block deals. Capital Group entities were major buyers, acquiring stakes from Worldwide Emerging Market Holding Limited. Small…