Adani Ports and SEZ has successfully raised ₹5,000 crores through a 15-year Non-Convertible Debenture (NCD) issue. Backed by APSEZ's robust fiscal health and an 'AAA/Stable' rating by domestic credit agencies, the issue attracted a keen interest rate of 7.75% per annum. The entirety of this offering was acquired by LIC, and it is destined for listing on the Bombay Stock Exchange (BSE).
31 May,2025 01:47 PM ISTPrime Minister Narendra Modi today inaugurated the Rising North East Summit in New Delhi, an important event aimed at showcasing and boosting investment opportunities in the North Eastern states of India. The summit brings together government officials, industry leaders, entrepreneurs, and investors to explore the vast potential of this region in sectors such as infrastructure, technology, agriculture, tourism, and more. During his speech at the summit, Prime Minister Modi made a significant announcement that marks a major milestone for the country. He shared that India is set to receive its first-ever Made-in-India semiconductor chip, which will be manufactured in the Northeast.
23 May,2025 03:26 PM ISTAdani Group has officially terminated its partnership with DragonPass, a Chinese global airport lounge access provider, effective immediately. DragonPass offers airport lounge access and a range of travel-related privileges to its cardholders and subscribed members worldwide. The decision comes amid the ongoing India-Pakistan conflict. Watch the video for more.
16 May,2025 02:07 PM ISTGautam Adani, the Chairman of the Adani Group, visited the Maha Kumbh Mela on January 21st to take part in spiritual activities. Along with his family, Adani offered prayers at the Triveni Sangam in Prayagraj, where the holy rivers Ganga, Yamuna, and Saraswati meet. The Kumbh Mela is one of the largest religious gatherings in the world, attracting millions of devotees every year. Adani's visit highlights his connection to spiritual practices and his participation in significant cultural events. This act of devotion is an important moment for both him and his family as they take part in the sacred rituals at this renowned religious site.
21 January,2025 03:48 PM ISTADVERTISEMENT