Adani Ports completed an all-share acquisition of Australias NQXT terminal, securing approvals and adding a high-margin, cash-generating overseas asset. The deal boosts FY26 EBITDA outlook, strengthens East-West trade positioning, and underpins expansion plans amid rising global port consolidation trends worldwide.
The Fortune 500 company has broadened its protein offerings in recent years, adding convenient deli option Columbus Craft Meats, healthy ground turkey and snack staple Planters nuts.
Indian markets ended flat on Tuesday as a pullback in IT stocks halted a brief rally and foreign investors turned sellers. The Sensex dipped 42 points while the Nifty held steady. Broader markets were mixed, even as global equities hovered near record highs and commodities flashed volatility amid geopolitical tensions.
Oyo's parent company, Prism, has secured shareholder backing for its initial public offering. The company plans to raise up to Rs 6,650 crore through fresh equity shares. Shareholders also approved a bonus share issuance. These approvals are significant steps towards Prism's public listing. Recent financial performance shows strong profit and revenue growth for Oyo.
