In a rating report dated January 29, Crisil stated that AAHL has debt obligations of Rs 1300 crore during the fiscal year 2024 and 2025, which will be met through a cash flow of Rs 1600 crore. The report also said that the company has a capex plan of Rs 8400 crore in fiscal 2024 and 2025, which will be funded through capital advances of Rs 2000 crore, internal accrual, and additional debt.
Oil and data centre stocks sink after US midterms
Following the US midterm election outcomes, significant shifts have been noted, influencing both oil prices and Asian stock markets. This week, Brent crude futures plummeted