Gautam Adani

2024 - 3 - 15

Adani's Mundra Port Sets Record with 7 Million TEUs

Bribery Allegations - Corporate Ethics - Gautam Adani - International Business - Mundra Port - US Probe

Gautam Adani's flagship port, Mundra, achieves milestone handling 7 million TEUs in FY23!

Gautam Adani's iconic Mundra Port has made waves by surpassing the 7 million TEUs milestone in the fiscal year 2023. This achievement solidifies Mundra's position as a key player in the logistics and shipping industry, showcasing its efficiency and capacity. Located in the bustling state of Gujarat, Mundra Port has been a vital hub for handling cargo, with 6.64 million TEUs managed in FY23 alone, representing a significant portion of the total cargo throughput. This accomplishment underscores Adani Group's commitment to driving growth and innovation in the maritime sector.

The strategic location of Mundra Port has played a crucial role in its success, with its proximity to key trading routes enhancing its prominence. As the flagship port of Gautam Adani's business empire, Mundra continues to set industry benchmarks and establish itself as a global shipping hub. Its consistent growth trajectory highlights the port's ability to adapt to ever-evolving market demands and maintain operational excellence.

In addition to handling 64 percent of the 155.4 million tonnes of cargo at the port, Mundra's impressive performance reflects the port's significance in facilitating trade and commerce. The record-breaking feat of crossing the 7 million TEUs mark underscores the port's unparalleled scale and operational efficiency, further cementing its reputation as a premier port facility. As Mundra Port continues to expand and innovate, it stands as a symbol of India's maritime prowess and economic dynamism.

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Image courtesy of "ET Infra"

Mundra, Gautam Adani's flagship Port, hits 7 million TEU's mark (ET Infra)

In FY23, Mundra Port handled 6.64 million TEUs, accounting for 64 percent of the 155.4 million tonnes (mt) of cargo handled at the port located in Gujarat.

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Image courtesy of "Business Standard"

US prosecutors probing Gautam Adani and his group over potential ... (Business Standard)

The DOJ probe hasn't stopped Washington from working with Adani Group entities.

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Image courtesy of "Reuters"

US probing Adani Group and founder over potential bribery ... (Reuters)

U.S. prosecutors have widened their probe of India's Adani Group to focus on whether the company may have engaged in bribery as well as the conduct of the ...

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Image courtesy of "The Hindu"

U.S. probing Gautam Adani and Adani Group over potential bribery ... (The Hindu)

The United States has widened its investigation of Adani Group to focus on the conduct of its founder, Gautam Adani, and whether the company may have ...

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Image courtesy of "The Australian Financial Review"

US probing Gautam Adani and group over potential bribery (The Australian Financial Review)

Investigators are digging into whether an Adani entity, or people linked to the company, paid officials in India for favourable treatment on an energy ...

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Image courtesy of "ThePrint"

US probing Adani Group and founder over potential bribery ... (ThePrint)

(Reuters) โ€“ U.S. prosecutors have widened their probe of India's Adani Group to focus on whether the company may have engaged in bribery as well as the ...

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Image courtesy of "The Economic Times"

US probing Indian billionaire Gautam Adani and his group over ... (The Economic Times)

Investigators are digging into whether an Adani entity, or people linked to the company including Gautam Adani, were involved in paying officials in India ...

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Image courtesy of "Livemint"

US probing Adani Group over potential bribery, company denies foul ... (Livemint)

The investigation, led by the US Attorney's Office for the Eastern District of New York and the Justice Department's fraud unit in Washington, is probing ...

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Image courtesy of "Scroll.in"

US authorities investigating allegations of bribery against Gautam ... (Scroll.in)

The US Attorney's office for the Eastern District of New York and the US Justice Department are also probing an Indian energy company called Azure Power ...

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Image courtesy of "Times of India"

US probes Adani, cos over bribery charges: Report (Times of India)

India Business News: US prosecutors are investigating Adani Group for potential bribery, focusing on founder Gautam Adani. The probe includes scrutiny of ...

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Image courtesy of "Business Today"

US prosecutors probing Adani Group over potential bribery, Group ... (Business Today)

The US Attorney's office for the Eastern District of New York and the Justice Department's fraud unit in Washington are handling the investigation and are ...

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Image courtesy of "Times Now"

US Widens Probe Against Billionaire Gautam Adani and His Group ... (Times Now)

The investigation centers on allegations that an Adani entity or individuals associated with the company, including Gautam Adani., Companies News - Times ...

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Image courtesy of "The Straits Times"

US probing Indian billionaire Gautam Adani and his firm over ... (The Straits Times)

Federal prosecutors can pursue foreign corruption allegations if they involve US investors. Read more at straitstimes.com.

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