INFRASTRUCTURE
Adani Ports To Buy European Liquid Storage Operator Evos For ₹27,148 Cr
Adani Ports and Special Economic Zone Ltd (APSEZ) has agreed to acquire 100% of Netherlands-headquartered Evos B.V. from Igneo Infrastructure Partners in an all-cash transaction at an enterprise value of €2.56 billion (27,148 crore). The transaction values Evos at an equity value of €1.18 billion, implying an acquisition multiple of 11.7 times its CY25 enterprise […]
CW Bureau
·
Nov 5, 2026
MANUFACTURING
Mangalam Worldwide Forms Belgium Arm To Expand European Presence
Ahmedabad-based Mangalam Worldwide Ltd, a manufacturer of stainless steel products, has incorporated a wholly owned subsidiary, MWL Europe BV, in Belgium on October 1 as part of its strategy to expand its international presence and explore opportunities in the European market. The company has received the certificate of incorporation from the relevant authorities. MWL Europe […]
CW Bureau
·
Oct 3, 2026
ECONOMY
United States Retains 10% Tariff On Indian Gem, Jewellery Exports
The United States has replaced its temporary Section 122 surcharge with a Section 301 tariff regime, retaining a 10% additional duty on Indian gem and jewellery exports from July 24. The tariff applies to natural diamonds, lab-grown diamonds, coloured gemstones and jewellery. Unlike the earlier Section 122 surcharge, the new Section 301 tariff has no […]
CW Bureau
·
Jul 24, 2026
