Sunday, July 1, 2018

Adani Group to raise Rs 5,000-6,000 cr via stake sale in subsidiaries

Adani Group to raise Rs 5,000-6,000 cr via stake sale in subsidiaries The company said the proceeds from the equity-raising program would be utilised towards strengthening the balance sheet position of group companies including deleveraging the power business.

from Moneycontrol Business News https://ift.tt/2lMybN5

No comments:

Post a Comment

US stock: S&P 500 ends lower as investors weigh data, Middle East tensions

The S&P 500's streak came to an end, falling from its peak as weaker retail sales suggested caution among consumers. Despite a stron...