Solar energy-producer Adani Green Energy Ltd. is discussing the planned transaction with a group of foreign banks, including a US firm, according to people familiar with the matter, who asked not to be identified because the matter is confidential. The sale, expected later this year, is yet to be finalized and the terms may still … Read more
India’s largest private port operator Adani Ports and Special Economic Zone has moved one step closer to returning to the corporate bond market, as it has received ratings earlier this week for a planned debt issue. Rating agency ICRA has assigned AA+ rating for 100 billion rupees ($1.20 billion) of bonds of the company, while … Read more
Indian equities are set to end the year with a record winning streak, with the drivers of the rally transcending the nation’s largest companies. Robust economic growth, an infrastructure push and a pause in interest-rate increases have helped propel its equity market to successive highs. Stocks related to real estate, industrials and capital goods are … Read more
