Group company Adani Ports and Special Economic Zone Ltd (APSEZ) operates the Mundra Port which is the largest integrated transport utility in India.
Vishnu Prakash R Punglia’s IPO comprises a fresh issue of 3.12 crore equity shares with no offer-for-sale (OFS) component.
With the revision, a one-year term deposit with post offices will now earn 0.1 percentage higher point at 6.9 per cent and for the two years tenor — 7 per cent (up from 6.9 per cent).
Two units of Adani group are in talks with merchant bankers to raise as much as 15 billion rupees ($181 million) each through local currency bonds as part of the ports-to-power conglomerate’s aim to raise 100 billion rupees this financial year, Reuters reported.
As per a government release from 2019, the National Statistical Office (NSO) had proposed to conduct the first round of the Annual Survey on Unincorporated Sector Enterprises (ASUSE) during October 2019-March 2020 and next round of ASUSE in April 2020 till March 2021.
PE transactions in Indian real estate are, in any case, tilted towards equity investments in office assets by foreign investors.
All-time high EBITDA of Rs 23,532 crore in April-June was almost equal to the full-year FY19 (April 2018 to March 2019 fiscal year) EBITDA of Rs 24,780 crore, Adani group said in a statement.
The slide is caused by weak financial, banking and IT shares. Investors are said to have turned cautious after lower-than-expected quarterly results. Massive selling by foreign institutional investors in previous sessions continues to leave its impact.
“The Bill in its current form poses a grave threat to fundamental rights, democracy, and the internet as we know it, and must be withdrawn and altered in order to remove these flaws,” the letter, which includes signatories like the Signal Foundation and Mozilla, said.
Reliance had spun off JFS on July 20, with its stock price set at a much higher-than-expected Rs 261.85, valuing it at around Rs 1.66 lakh crore or $20 billion in a special trading session.