Adani Energy Solutions, earlier known as Adani Transmission, is looking to issue longer-tenor bonds maturing in 20-30 years but has not finalised the terms of the issue yet, according to both the sources. This will likely be the second dollar-bond offering by an Adani group company in 2024.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction