Gautam Adani s Group in Talks to Raise $1 8 Billion From India Bond Sales bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
adani group fund raise: Adani group in talks to raise $1 8 billion from India bond sales indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Billionaire Gautam Adani’s conglomerate plans to tap India’s bond market to raise up to 150 billion rupees ($1.8 billion) this financial year as it gears up local-currency debt sales since damaging allegations were made by a short seller earlier this year, according to people familiar with the matter.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost
Adani’s plans are aimed at shoring up investor confidence after months of damage control following Hindenburg Research’s January report detailing alleged years-long corporate malfeasance, which sent the group’s stocks and bonds tumbling.
India Business News: Adani Group, owned by billionaire Gautam Adani, is reportedly planning to raise up to INR150bn ($1.8bn) in India’s local bond market this financial ye