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The Latest Breaking News from Mundra

Adani Ports or Gujarat Pipavav: Which stock benefits more from Gujarat concession extensions?

Gujarat’s reported decision to extend port concessions has removed a key overhang for Adani Ports and Gujarat Pipavav. While Pipavav stands to benefit more immediately as its concession expires in 2028, Adani Ports gains longer-term visibility for its Gujarat assets. Brokerages, however, see a sharper valuation risk for Pipavav.

The Economic Times

Adani Group to invest Rs 90,000-Rs 1 lakh crore across airports in next 5 years as Mundra commercial operations take off

Adani Group plans a massive Rs 90,000-1 lakh crore investment in its airports over five years, Jeet Adani revealed. The group will aggressively bid for 11 new airports as the government opens private bidding. This expansion aims to significantly boost India's aviation economy. The launch of commercial flights from Mundra…

The Economic Times

Star Air launches direct flights to Mundra, operations to commence from June 23

Star Air is launching new flights to Mundra, Gujarat, its 32nd destination. Services begin June 23. This connects Mundra, home to India's largest private port, with major cities. Flights will link Mundra to Mumbai and Hindon. This expansion aims to boost regional connectivity and economic growth. It offers convenient travel…

The Economic Times

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196 days, 23 ports, 7 countries: How this ship tried to sneak in Rs 1,150 cr cocaine using ‘unusually long route’ before being caught at Gujarat port

A massive drug haul near Mundra port has exposed a major maritime trafficking operation. Gujarat ATS and Indian Coast Guard intercepted the cargo vessel MV Europe. They seized 115 kg of cocaine valued at nearly ₹1,150 crore. The vessel undertook a 196-day journey from South America. Investigations are ongoing into…

The Economic Times

SC stays Gujarat HC order for implementation of land recovery allotted to Adani Ports

The Supreme Court on Wednesday stayed an order of the Gujarat High Court for implementation of the recovery of land allotted to Adani Ports and Special Economic Zone Ltd in Mundra in Gujarat. Read further on Dynamite News:

Dynamite News

DRI seizes foreign cigarettes worth Rs 6.5 cr at Mundra port

The Directorate of Revenue Intelligence (DRI) have seized foreign-origin cigarettes worth Rs 6.5 crore at Mundra port here. Read further on Dynamite News:

Dynamite News

Saudi Arabia Expands Commercial Navigation by Connecting with 11 Global Ports

The Saudi Ports Authority (Mawani) announced on Monday a new service that will connect Jubail Port with 11 global ports in Türkiye, the Indian Subcontinent, Africa, and the Middle East. To be operated by the Mediterranean Shipping Co., the new service will connect Jubail Port with 11 global ports via…

Asharq Al-Awsat

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Mawani: Addition of a New Shipping Service to Connect King Abdulaziz Port in Dammam to 4 Global Ports

The Saudi Ports Authority (Mawani) has announced the addition Aladin Express DMCC's shipping service, Gulf-India Express 2 (GIX2), to King Abdulaziz Port in Dammam in a bid to boost direct trade and shipping between the Kingdom and the rest of the world. MAwani said on its official site that the…

Asharq Al-Awsat

NIA arrests three more in Mundra port heroin seizure case

The probe revealed that five consignments were imported through the same network from Nov 2020 to Sep 2021

The Hindu

Morning Digest | Sri Lankan President Gotabaya Rajapaksa flees country; 75 kg of heroin seized near Mundra port in Gujarat, and more

A select list of stories to read before you start your day

The Hindu

Heroin worth Rs 376 crore seized by ATS Gujarat after Punjab police alert

AHMEDABAD/CHANDIGARH: The Gujarat Anti-Terrorist Squad (ATS) on Monday evening seized 75.3kg of high-quality heroin, valued at Rs 376.5 crore in the international market, from a container at Mundra port in Kutch district, an official said on Tuesday. The contraband, hidden inside fabric rolls to evade detection, had been sent from…

The Times of India

Police seize 75 kg heroin near Mundra port in Gujarat

Officials say Gujarat’s ports and porous sea coast are being increasingly used as transit centres to smuggle drugs

The Hindu

Mundra drug haul: NIA court refuses bail to two accused

AHMEDABAD: A special NIA judge has refused bail to two accused persons, Pradeep Kumar Singh and Sobhan Aryanfar, in the 2,988-kg heroin haul at Mundra, which was busted by the Directorate of Revenue Intelligence (DRI) officials and later probed by the National Investigation Agency.

The Times of India

Cross-border land, sea routes can open new world, says external affairs minister in Guwahati

GUWAHATI: External affairs minister S Jaishankar said if land connectivity through Myanmar and sea connectivity through Bangladesh become viable on a commercial scale, a world all the way to Vietnam and Philippines, from Haiphong to Hazira and from Manila to Mundra will open up, creating an east-west lateral with sweeping…

The Times of India

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The Times of India

Routes via Myanmar, Bangladesh could transform Asia: EAM Jaishankar

GUWAHATI: India can overcome geography and rewrite history "if only we get the policies and the economics right", foreign minister S Jaishankar said on Saturday while highlighting how land connectivity through Myanmar and sea connectivity through Bangladesh on a commercial scale could open up "a world all the way to…

The Hindu

Cocaine worth over ₹500 crore seized near Mundra Port in Gujarat

A team of DRI officials searched and scanned a container, which had arrived a few days back from Dubai and housed at a Container Freight Station near the port in Mundra.

The Times of India

Mundra port heroin haul case: Four accused remanded in NIA custody till April 4

AHMEDABAD: A special court in Ahmedabad on Tuesday remanded in the custody of National Investigation Agency till April 4 four people held in connection with the September 2021 rpt 2021 seizure of 2,988 kilograms of heroin from Mundra port in Gujarat's Kutch district.

The Hindu

NIA chargesheets 16 in 3,000-kg heroin seizure case in Mundra port

The drugs were smuggled in on pretext of consignment of semi-processed talc imported from Kandahar-based firm

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