GQG’s Rajiv Jain is doubling down on Adani bet
Having raised its holdings in the group to close to $3.5 billion, the US-based investment firm’s chairman says it will take part in Adani’s future fundraising as well.
24 May, 2023•1 min
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24 May, 2023•1 min
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NSE’s IPO bankers likely to run into a seller problem
Many of its 186,000 eligible shareholders are unlikely to sell their stock in the upcoming offer-for-sale—opting to resist formal price discovery and wait it out instead.
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NSE’s IPO bankers likely to run into a seller problem
Many of its 186,000 eligible shareholders are unlikely to sell their stock in the upcoming offer-for-sale—opting to resist formal price discovery and wait it out instead.
Business
Dharma at stake: Vedanta’s Anil Agarwal pushes back on Jaypee outcome
Despite a higher offer, creditors chose Gautam Adani’s Adani Enterprises—setting up a courtroom fight that raises questions over the bankruptcy resolution process’s priorities.
Business
How can India make the most of a bad situation amid Iran war?
Though the war in the Gulf is pinching the Indian economy, things aren’t too bad. But much needs to be done if the situation drags on or worsens, rather than waiting for it to come to pass.