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Mr. Karan G. Adani has been Chief Executive Officer of Adani Ports and Special Economic Zone Limited (APSEZL) of Adani Enterprises Limited since January 1, 2016. He holds a degree in economics from Purdue University, USA. He belongs to a business family and is the son of Indian Business tycoon "Gautam Shantilal Adani", the chairman and founder of the Adani Group.
Adani Ports and Special Economic Zone Ltd (APSEZ), the country’s largest port
Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest port developer, has acquired two new tugs, marking a significant addition to the Indian government’s port-led nation building initiative. The tugs, 8000m3 Trailing Suction Hopper Dredgers (TSHDs), will take the fleet strength of APSEZ to 19 dredgers, making it one of the largest in the Indian fleet of TSHDs. Karan Adani, CEO, APSEZ, said: “We at Adani are proud to dedicate the two new dredgers to the nation, taking our fleet strength to 19 dredgers; it is the largest dredging fleet in the country.
Adani Ports and Special Economic Zone Ltd (APSEZ) today reported a 19.51 per cent jump in its consolidated profit at Rs. 1,001 crore for the third quarter ended December 31, 2017.
Karan Adani, chief executive and whole-time director of APSEZ, said, “Cargo Volumes growth in Q3 FY18 rebounded after a tepid Q2 FY18. This growth was led by an all-round double digit growth in all major cargo that we handle. We foresee continued uptick in cargo volumes in India.”
Adani said while western ports in India will continue to grow, the company is confident of exponential cargo volume growth in eastern and southern coasts of India.
Adani Group's Adani Ports and Special Economic Zone (APSEZ) division has been going from strength to strength in recent years under CEO Karan Adani, and their acquisition of two new trailing suction hopper dredgers (TSHDs) has just reaffirmed the same. The company's latest acquisitions have catapulted them ahead of its competitors as it now has the largest dredging fleet in India.
Fastest-Growing Emerging Companies Rank: 1
Group: SUBSIDIARIES/ JVs
Segment: REVENUE Rs 3,000-6,000 crore
Over the past five years, Adani Ports and Special Economic Zone (APSEZ) has grown from a single-port company to a multi-port operator - spreading its footprint to both the west and east coasts of India. "The strategic locations of our ports and high-tech infrastructure have helped us to capture growth and capitalise on our model of integrated business," says Executive Director Karan Adani, son of Adani Group Chairman Gautam Adani.
Karan Adani has been appointed as the CEO of Adani Port and Special Economic Zone Limited (APSEZ). Adani holds a degree in economics from Purdue University, USA.
Karan Adani replaces Sudipta Bhattacharya, whose resignation has been accepted as CEO and whole-time Director of the company. Sudipta Bhattacharya is moving to USA to take to take over a Group position as the Chief Executive Officer - North America.
Karan Adani is the chief executive officer (CEO) of the Adani Ports and Special Economic Zones (APSEZ). As the CEO of the subsidiary, he handles the Ports & Terminals, Industrial Land and Logistics. His role in the organisation has been instrumental in the transformation of the subsidiary and creating world class services to render it an integrated logistics company. He is the son of famous Indian Business Tycoon Gautam Adani.
Adani Group has elevated chairman Gautam Adani’s son Karan Adani to the post of chief executive officer (CEO) of Adani Ports and SEZ (APSEZ) with effect from January 1, 2016. He is currently the executive director of the company and does not hold any board-level position. Mr Adani, who looks after the strategic development of Adani Ports across India, has been involved in managing various port operations of the company since 2009.
The Adani Group is one of India’s leading business houses with revenue of over $12 billion. Founded in 1988, Adani has grown to become a global integrated infrastructure player with businesses in key industry verticals - resources, logistics, energy and agri. Adani Group’s growth and vision has always been in sync with the idea of Nation Building
We are a team of more than 10,000 people across the globe working for a common purpose. We are led by one of India's most visionary Chairman who is supported by a talented and experienced management team.
Adani Ports & Special Economic Zone Ltd. posted a 29.1 percent profit growth in the January to March quarter, driven forex gains and a jump in cargo volumes.Profit rose to Rs 1,164.1 crore from Rs 901.7 crore in the same quarter last year, according to its filing on the stock exchanges. The profit performance surpassed the Rs 928.5 crore consensus of analysts tracked by Bloomberg. The company booked a forex gain of Rs 304 crore compared to a gain of Rs 29.6 crore in the year-ago period. Revenue increased 12 percent to Rs 2,231.5 crore. The strategy to diversify cargo mix and focus on high value cargo yielded positive results, Karan Adani, chief executive officer and whole time director of Adani Ports & SEZ said in the exchange filing.
The passion to implement ideas is the key to become a successful entrepreneur, says Karan Adani
Mr. Karan Adani, CEO, Adani Ports & SEZ Ltd., says Maritime India Summit 2016 is a very good initiative. #MIS2016
The passion to implement ideas is the key to become a successful entrepreneur, says Karan Adani
Adani Ports and Special Economic Zone (APSEZ) Monday said it has appointed Karan Adani as its chief executive officer. It added the board has accepted the resignation of its erstwhile CEO Sudipta Bhattacharya.
Adani, who will take over from Jan 1, is currently executive director at the company.
Karan Adani CEO, Adani Ports
Adani Ports and Special Economic Zone (APSEZ) division has been going from strength to strength in recent years under CEO Karan Adani, and their acquisition of two new trailing suction hopper dredgers (TSHDs) has just reaffirmed the same.
Mr Karan Adani, CEO of Adani Ports and SEZ Limited (APSEZ), took over the
business in January 2016. He started his
career with the Adani Group as an executive director in 2009 and has worked his way into
the leadership position as the CEO of the organization.
India’s largest port operator, Adani Ports and Special Economic Zone (APSEZ), reported a 19.5% rise in fiscal-third quarter profit. The consolidated net profit of Adani Ports rose to Rs1,001 crore in the three months ended 31 December from Rs837.58 crore in the previous year. The income from operations also increased by 22% to Rs2,689 crore…