-min.jpg)
-min.jpg&description=Adani Ports features on honour list of companies in Asia Pacific, only Indian firm in transport sector){kind=link}
Adani Ports and Special Economic Zone Limited (APSEZ) on Monday said it has made it to the honour list of the Institutional Investor Asia Pacific (ex-Japan) Executive Team Survey and in the transportation sector, the Adani Group company is the only Indian firm to feature on the list, at the second rank.
Of 1,669 Asian companies voted in by investors, 55 featured on the honour list. This includes only four from India, including APSEZ that scored 1st rank across four parameters – IR (investor relation) Programme, ESG (environmental, social, and governance) Programme, IR team and IR Professionals – from the buy-side and sell-side combined, it said in a statement.
"This accomplishment is a testament to the quality of our Investor Engagement and ESG programmes, alongside the commitment and dedication of our team to deliver exceptional service to stakeholders. I would like to thank the investor community for reposing their trust in us and recognising our efforts," said Ashwani Gupta, Chief Executive Officer and Whole Time Director of APSEZ.
The company’s board of directors received the 2nd rank and its CEO the top rank from sell-side analysts on the honour list.
A total of 4,943 buy-side professionals, managing an estimated $2 trillion in Asia (ex-Japan) equities, and 951 sell-side analysts voted for the 1,669 companies. The investors rated the companies on several areas, including financial disclosure, services and communication, ESG and Board of Directors as well as attributes for CEOs, CFOs and the Best IR Professionals.
Last week, Adani Ports said four of its ports have been featured in the prestigious 'Container Port Performance (CPP) Index 2023', developed by the World Bank and S&P Global Market Intelligence. While Mundra port was ranked 27th, Kattupalli came in at number 57th, Hazira at 68th, and Krishnapatnam at 71th in the Top 100 list.
Adani Ports has seven strategically located ports and terminals on the western coast and eight ports and terminals on the eastern coast, representing 27 per cent of the country's total port volumes.
HM Shah stresses on mapping of demographic data of people along India-Myanmar border
Union Home Minister Amit Shah on Saturday said that the demographic data of people along the India-Myanmar border, especially in Nagaland, Mizoram and Manipur, should be mapped so that it can help in fencing of the border and infiltration can be stopped.
Drugs worth Rs 78 crore seized in Tripura, one held
In a major haul, the Assam Rifles in coordination with the other law enforcing agencies on Saturday seized 3.9 lakh methamphetamine tablets valued at around Rs 78 crore and arrested a drug peddler in Tripura, officials said on Saturday.
Manipur: Arms and ammunition recovered; two held with drugs
Manipur Police and other security forces recovered some arms and ammunition from different fringe and vulnerable areas and arrested two persons with drugs on Saturday, officials said.
New Maha Cabinet: Fadnavis keeps Home, Shinde gets Urban Development, Ajit Pawar in charge of Finance
Finally, the wait is over. Governor CP Radhakrishnan on Saturday approved the portfolio allocation to the ministers as recommended by Maharashtra Chief Minister Devendra Fadnavis. The list was released after the conclusion of a weeklong winter session.
Explained: Key recommendations of 55th GST Council meet
From reducing GST rate on fortified rice kernel (FRK) to fully exempt GST on gene therapy, the 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, on Saturday made some key recommendations to provide relief to individuals and businesses.
India a natural trade and commerce partner of Kuwait: PM Modi
India has been a natural trading partner of Kuwait and continues to be so in contemporary times and people-to-people linkages over centuries have fostered a special bond of friendship between the two countries, Prime Minister Narendra Modi said on Saturday.
Sri Sri Ravi Shankar brings peace through meditation to UN headquarters consumed by global turmoil
Eighteen minutes of tranquility descended on the world organisation’s headquarters consumed by global turmoil as Sri Sri Ravi Shankar led a meditation session as a path to peace at the United Nations.
NE not just strategically important but also an epitome of nation's diversity, culture: Minister
Union Minister of State for DoNER Sukanta Majumdar on Friday underscored the strategic importance of the northeastern region and said that the region is not just a geographically significant part of the country but it is also an epitome of the nation's diversity, culture, and strategic importance.