Bain Capital, the US-based investment company, announced on July 23 that it has signed a pact to acquire 90% of Adani Capital and Adani Housing. […]
Tag: Adani Group
Adani Enterprises’ ability to service debt improves
Mumbai: Adani Group flagship company Adani Enterprises Ltd’s (AEL) ability to service its debt obligations has improved significantly as of March 31, 2023, compared to […]
Adani Ports planning to prepay Rs 1,000 crore on CPs due in March
Adani Ports and Special Economic Zone, a group company of the beleaguered Adani Group, plans to prepay Rs 1,000 crore ($120.8 million) in commercial papers […]
Bank of Baroda CEO says willing to keep lending to Adani Group
One of India’s biggest state-backed lenders is willing to consider lending additional money to the beleaguered Adani Group including for a project to remodel a […]
Adani credit flashes warnings after group gorged on cheap debt
Gautam Adani’s sprawling corporate empire embraced the era of cheap debt like few others. But with yields spiking and access to overseas financing suddenly in […]
Total exposure of 5 state-run general insurers in Adani group at Rs 347 cr: MoS Finance
Five state-run general insurance companies have a total exposure of Rs 347.64 crore, or 0.14 per cent of their total assets under management (AUM), in […]
DBS says not concerned about exposure to Adani group
DBS Group has a tightly managed exposure to India’s troubled Adani group of companies, Piyush Gupta, the CEO of Southeast Asia’s largest bank said on […]
Indian banks much stronger to be affected by individual incidents, RBI Governor Das says amid Adani crisis
The strength, the size and the resilience of the Indian banking system is now much larger and much stronger to be affected by an individual […]
Indian banks sound, not lending on market cap: RBI Governor
Indian banks and non banking finance companies (NBFCs) with exposure to the Adani Group are sound and are in compliance with the regulations regarding exposure […]
Adani plans to prepay $500 million March loan to banking group
The Adani Group plans to prepay a $500 million loan due next month to a group of banks as the Indian conglomerate looks to bolster […]