Adani Enterprises is set to raise 10 billion rupees through a public bond issue next week, with an additional 5 billion rupees greenshoe option. The company will offer two-, three-, and five-year maturities with annual coupons ranging from 8.60% to 8.90%. The issue, rated AA- by CARE Ratings and ICRA, opens on January 6 and closes on January 19.
Losing $1 billion a day: Gurmeet Chadha urges PMO, Finance Ministry to revisit capital gains tax, STT
Gurmeet Chadha has urged the government to revisit capital gains tax and STT, citing sustained foreign capital outflows. He claims India is losing nearly $1