Adani Enterprises Limited in talks with Gulf sovereign funds, GQG to raise funds

The Gautam Adani flagship company, which wants to raise $2 billion through qualified institutional placement, launched the first tranche of the QIP on Wednesday, setting the floor price for the $500 million issue at Rs 3,117.48 per share.

09 October, 20242 min
0
Adani Enterprises Limited in talks with Gulf sovereign funds, GQG to raise funds

You may also like

Internet
Story image

Fintech Hala’s new millions

One of the largest-ever funding rounds among the Middle East startups, Carrefour’s latest exits and other updates from the week.

Business
Story image

Adani is blazing the trail in India's coal comeback

Adani Power has boldly taken on the mantle of coal power's comeback in the country. But in doing so, it faces critical risks around asset obsolescence and climate misalignment.

Business
Story image

Big changes at Saudi Arabia’s sovereign wealth fund

From pulling back on international bets to writing down its domestic gigaproject portfolio, PIF’s moves are a reflection of the kingdom’s challenges.