The Adani Group company said in an exchange filing that it has commenced a tender offer to purchase up to $130 million worth of outstanding 3.375% senior notes due 2024. The transaction will be funded from cash reserves.
Sebi proposes tighter curbs on promotional claims by online bond platforms
Sebi is tightening the reins on advertising practices for online bond platforms, aiming to protect investors from hasty decisions. New rules mandate that promotional content