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.
October 09, 2024•2 min
0
October 09, 2024•2 min
0
More in Business
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.
You may also like
Internet
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
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
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.
