Related News

5 quick exercises to help build muscle

The frantic daily routine of our lives requires us to be more active than ever. And why do you need an expensive gym membership to get muscle? If you are

How to remove yellow stains from teeth: 3 tips that always work

Yellow teeth may seem like an inevitability of life, be it from drinking coffee, savoring red wine, or mere aging. Professional teeth whitening is an option, but there are those

This simple pink detox drink is your one-stop solution for glowing skin

(Image Credits: Pinterest) With the swift change from winter to summer, we experience dull and dry skin with a darker skin tone, which is not a sun tan. Have you

New mummy Kiara Advani’s stunning maternity fashion

Effortless elegance in everyday wearNew mom Kiara Advani is redefining maternity fashion with a seamless blend of comfort, glamour, and personal style, setting new trends for moms-to-be across India. During

5 parenting mistakes that unconsciously promote gender bias in children

A major external source that teaches children negative stereotypes is TV, films and books. Instead of shutting down your child’s exposure to media altogether, seek books and media which are

5 fruits one must have on an empty stomach for maximum benefits

Oranges and other fruits with high levels of vitamin C boost the immune system and have anti-inflammatory properties. Oranges are rich in nutrients like vitamin B, magnesium, potassium, and copper.

Adani Enterprises bond plans: Draft filed for Rs 10 billion issue; Greenshoe option of Rs 5 billion included

Word Count: 518 | Estimated Reading Time: 3 minutes

Adani Enterprises, the flagship entity of business magnate Gautam Adani, has submitted draft documentation to stock exchanges, outlining plans to secure 10 billion rupees ($117 million) through retail bond offerings, according to Reuters report.The company’s return to the retail bond market comes after its initial debt offering in September 2024, when it successfully gathered 8 billion rupees through a public issuance, marking its first venture into this financing avenue.The current proposal incorporates a greenshoe option valued at Rs 5 billion. The company has appointed Nuvama Wealth Management, Trust Investment Advisors and Tip Sons Consultancy Services to oversee the bond issuance as lead managers. The bonds, which have received AA- ratings from both Icra and Care Ratings, await finalisation of key details including tenor, coupon rate and launch timing.Adani Enterprises reported a sharp 752 per cent year-on-year rise in consolidated net profit for the quarter ended March 2025, reaching Rs 3,845 crore. This was significant compared to Rs 451 crore in the same period last year, with the surge primarily driven by an exceptional gain of Rs 3,286 crore.

Source link