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Investors are shying away from the public sector units as the government regulates prices in the sector, affecting the profit numbers. As such, the planned offer-for-sale is likely to be put on the back-burner
The Adani Group flew the bankers to Mundra in Gujarat to showcase the infrastructure of Indias largest private port and elaborate on the conglomerates strong financial conditions and expansion plans, said the people who requested anonymity discussing private matters
Indian billionaire Gautam Adani's conglomerate has organized a site visit for local bond arrangers, according to insiders. The visit comes as the Adani Group prepares to issue up to Rs 150 billion ($1.8 billion) in debt, aiming to address lingering concerns about its corporate governance. The event took place at Mundra in Gujarat and focused on showcasing the infrastructure of India's largest private port. During the visit, the conglomerate emphasized its robust financial standing and expansion strategies to the visiting
CHAIRMAN of the Wisynco Group William Mahfood has been appointed as chairman of Mona School of Business and Management (MSBM) at The University of West Indies, Mona, with effect on August 1, 2023....
He began his career in 1994 as an Officer at Allahabad Bank.