Adani units raise $275 million offshore debt from global lenders
Adani Group secured approximately $275 million through two foreign currency loans, signaling increased investor confidence. Adani Airport Holdings raised $150 million via a syndicated loan, while Adani Ports & Special Economic Zone obtained $125 million bilaterally. These funds will support bond buybacks and capital expenditure, reflecting Adani’s ongoing expansion and debt management strategies.
India’s renewable energy sector set for Rs 25,000 crore IPO surge
Indian renewable energy companies are preparing for significant fundraising through IPOs. Several companies like Emmvee Photovoltaic and Juniper Green Energy await SEBI approval. NTPC Green Energy’s successful listing has boosted the sector. Experts believe this signals the sector’s maturity. Companies will use IPO proceeds for capacity expansion. This surge in activity is driven by India’s […]
Sebi clears 5 IPO proposals including Jinkushal Industries and Park Medi World
Sebi has cleared IPO proposals of five companies, including Innovatiview India, Jinkushal Industries, Advance Agrolife, Runwal Enterprises, and Park Medi World. The issues comprise both fresh equity and Offer-for-Sale components. Proceeds will fund expansion, debt reduction, and shareholder exits. Companies can now proceed to launch IPOs after finalizing timelines.
Divided Fed worried about tariffs, inflation and the labor market, minutes show
Fed officials worried at their July meeting about the state of the labor market and inflation, though most agreed it was too soon to cut rates, minutes showed.
Stocks making the biggest moves midday: Target, Intel, Medtronic, Palantir, La-Z-Boy and more
Here are some of the stocks posting the biggest moves in midday trading Wednesday.
Crypto firms urge UK to form national stablecoin strategy to avoid falling behind U.S.
In an open letter, several major crypto firms said the U.K. “must act now to avoid being a rule-taker rather than a rule-maker in the digital asset era.”
Stocks making the biggest premarket moves: Target, Lowe’s, Snowflake and more
These are the stocks posting the largest moves in the premarket.
Adani units raise $275 million offshore debt from global lenders
Adani Group secured approximately $275 million through two foreign currency loans, signaling increased investor confidence. Adani Airport Holdings raised $150 million via a syndicated loan, while Adani Ports & Special Economic Zone obtained $125 million bilaterally. These funds will support bond buybacks and capital expenditure, reflecting Adani’s ongoing expansion and debt management strategies.
Stocks making the biggest moves midday: Home Depot, Intel, Viking Therapeutics, Nvidia and more
Here are some of the stocks posting the largest moves in midday trading Tuesday.
Bessent says interviews for ‘incredible group’ of potential Fed chairs will start after Labor Day
In a CNBC interview, Bessent confirmed the race to replace current Chair Jerome Powell is between 11 candidates.