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Adani Ports plans to raise ₹10 billion through bond sale, first since 2021

Adani Ports and Special Economic Zone is planning to issue as much as 10 billion rupees ($120 million) of bonds via private placement, which stands to become its first local currency sale in two years.

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Adani Ports Mulls $120 Million Rupee Bond Sale, First Since 2021

Adani Ports Mulls $120 Million Rupee Bond Sale, First Since 2021
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Adani group s $79 billion rally makes a winner of GQG s Rajiv Jain

The sharp rebound in listed stocks of Indian billionaire Gautam Adani has proved to be a windfall for the emerging-market investor, just nine months after his firm GQG Partners Inc. bought into the Indian conglomerate.

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Adani shares made billions for this Indian investor

Jain acquired Adani shares weeks after the brutal shortseller report

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Rajiv Jain: Adani Group s $79-billion rally makes a winner of GQG s Rajiv Jain

Jains investment — it came near the trough of the Adani stock meltdown — has been boosted by a rally in this week after the conglomerates green energy unit secured a $1.4 billion loan and a Bloomberg News report said US government found shortseller Hindenburg Researchs allegations irrelevant while advancing a $553 loan for Adani Ports and Special Economic Zone Ltd.s Sri Lanka project.

Sri lankaGautam adaniSudarshan murthyRajiv jainFlagship adani enterprises ltdAmbuja cements ltdAdani power ltdEconomic zone ltdAdani groupAdani green energy ltdAdani enterprisesPartners incAdani energy solutions ltdHindenburg researchAhmedabad headquartered adani groupBloomberg news