Adani Enterprises has set its rights issue price at ₹1,800 per share. This represents a 24% discount to its current stock price. The company plans to raise ₹24,930 crore through this issue. Shareholders as of November 14 will be eligible to subscribe. They will receive three rights shares for every 25 shares held.
Geopolitics, crude risk and the IT conundrum: Sridhar Sivaram on why investors may need to stay selective
Geopolitical tensions in West Asia are creating market uncertainty, impacting energy supplies and capital flows. While Indian equities have shown resilience, prolonged conflict could significantly