SC to hear after vacation plea by Adani Ports and Special Economic Zone against HC order A vacation bench of Justices A S Oka and M M Sundresh was told by senior advocate A M Singhvi, appearing for the petitioner, that the matter may be heard after vacation. Singhvi said that urgency in the matter has “kind of slipped away” as between yesterday and today, the bid has been opened. “Between yesterday and today, they have opened the bid and the commercials are such that in any case, I don't think for the actual figures, I can match the person whose bid has been opened. So, your lordships need not be troubled now,” he said.
Stock market update: Stocks that hit 52-week highs on NSE in today's trade De Nora India, Vadilal Ind, Axita Cotton, Maharashtra Seam. and Priti International, hit their fresh 52-week highs during the day.
Bombay HC dismisses Adani Port & SEZ’s plea against JNPA in bid disqualification case Adani Ports & SEZ was one of the companies that had shown interest under a global tender issued by the Jawaharlal Nehru Port Authority (JNPA) for the operation and maintenance of a container terminal for a period of 30 years.
Stock market update: Stocks that hit 52-week highs on NSE De Nora India, Priti International, Kohinoor Foods, Globesecure Technologies Ltd. and Spacenet Enterprise, hit their fresh 52-week highs at 11:00AM.
APSEZ (Adani Ports and Special Economic Zone) is the largest commercial port operator with a 25% share of India’s port cargo movement. The company has evolved from a single port dealing in a single commodity to an integrated logistics platform.