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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Aditya Birla Sun Life AMC, SBI Mutual Fund and HDFC AMC are directly exposed to the group’s commercial paper borrowings.
The Adani group is likely to buy back part of its commercial paper borrowings from some domestic mutual funds ahead of their maturity, according to two people with direct knowledge of the matter.
“Adani is buying back our outstanding debt starting from this week, as they have liquidity,” says the CEO of a fund house that has exposure to Adani stocks, asking not to be named. He adds that the buyback would be of commercial papers and is going to happen in the next couple of days.
Commercial papers are a short-term debt instrument issued by companies to raise funds …
A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.
As growth in equities cools, asset managers are looking to embed themselves in payrolls, payments, and credit. This raises their influence, but also the stakes.
FY26 numbers show that Airtel is stealing a march on its larger rival on most counts and is unrelenting in its ambition, casting a cloud on Jio’s valuation.
