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ETMarkets Morning Podcast (ETMarkets.com)
04:28 Min | June 10, 2021, 8:50 AM IST
Tune in as we tell you what s happening in the market, what s making news this morning, and look at some of the buzzing stocks.
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Transcript
Hi there, Good Morning. Welcome to ETMarkets Morning podcast, the show about money, business and markets. I am Sabari Saran. Let s start with the headlines first
RBI may rope in external hands to manage part of its forex reserves
Adani Group plans to hive off airport biz, take it public
CBI books industrialist Gautam Thapar in YES Bank fraud
Adani Group initiates talks to spin off airport biz, launch IPO
The Gautam Adani-led group will likely raise $500 million through a private placement of shares in Adani Airports Holdings prior to an eventual IPO
BusinessToday.In | June 10, 2021 | Updated 10:21 IST
Adani Group controls Mumbai airport as well as six regional facilities and is aiming at a valuation of Rs 25,500-29,200 crore for the business
The Adani Group has started initial discussions to hive off its airport business from holding firm Adani Enterprises Ltd.
It is said to be the port-to-power conglomerate s first move towards listing the unit. The Gautam Adani-led group will likely raise $500 million through a private placement of shares in Adani Airports Holdings prior to an eventual IPO (initial public offering).
Equity indices ended a volatile session with steep losses on Wednesday, June 9, 2021, led by weakness in banks and auto shares. Get more Markets News and Business News on Zee Business.
Adani Group s airport, food biz could go public soon: Report freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
The Adani Group currently has six companies listed on the Indian stock exchanges. If listed, the Adani Group will have seven infrastructure companies and one