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The murky dealings of four funds in Indian tycoon Adani s empire | Bankruptcy News

The murky dealings of four funds in Indian tycoon Adani s empire | Bankruptcy News
aljazeera.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aljazeera.com Daily Mail and Mail on Sunday newspapers.

Why Adani is facing heat over 4 Mauritius-based funds that have parked $7 billion with the group

Why Adani is facing heat over 4 Mauritius-based funds that have parked $7 billion with the group
theprint.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theprint.in Daily Mail and Mail on Sunday newspapers.

Adani Ports SEZ approves fundraise of upto $750 mn through issue of notes

Adani Ports SEZ approves fundraise of upto $750 mn through issue of notes The company intends to use the proceeds from this offering to repay existing indebtedness, for capital expenditures and for general corporate purposes. July 27, 2021 10:08 IST | India Infoline News Service The Finance Committee of Adani Ports and Special Economic Zone Limited has approved the issuance of fixed-rate senior unsecured notes aggregating to US$ 750 million and has approved the pricing, tenure, and other terms of the Notes. “The company intends to use the proceeds from this offering to repay existing indebtedness, for capital expenditures and for general corporate purposes,” Adani Ports said in a filing on Monday.

Billionaire Adani s firms sink for second day

MONEYWEB app instead? Being probed by the country’s markets regulator over compliance with local securities rules. By Anurag Kotoky, Bloomberg 20 Jul 2021  07:04  Gautam Adani. Image: Tomohiro Ohsumi Firms controlled by Indian billionaire Gautam Adani fell for a second day Tuesday, after the junior finance minister told parliament that some of them are being probed by the country’s markets regulator over compliance with local securities rules. Besides the Securities and Exchange Board of India, Directorate of Revenue Intelligence, or DRI, is also “investigating certain entities” belonging to the Adani Group for compliance to another set of local laws, junior Finance Minister Pankaj Chaudhary said in response to a lawmaker’s question in the Indian parliament on Monday. Chaudhary didn’t elaborate on the investigations or name the Adani group companies being probed.

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