Adani Enterprises plans to launch a public bond issue worth ₹800 crore on September 4. The issue, managed by the Trust Group, AK Capital, and Nuvama Wealth Management, has a base size of ₹400 crore and an option to keep another ₹400 crore under the green shoe option. The bonds are expected to be rated A+.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.