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Vedanta Group Taps JPMorgan For $300 Million India Bond Issue
Vedanta Ltd. has set its sights on raising Rs 2,500 crore (approximately $300 million) through rupee-denominated bonds, enlisting the expertise of JPMorgan Chase & Co. to orchestrate the financing, as reported by sources familiar with the matter. Spearheaded by Nitin Rungta, ...
RBI Plans License Regime For POS Players; Major Impact Expected
The Reserve Bank of India (RBI) is set to introduce a licencing framework for point-of-sale (POS) operators. This development is poised to impact major players such as Pine Labs, MSwipe, Paytm, and BharatPe. The objective is to ensure operational harmony and ...
Adani Green Pursues $400M Offshore Loan For Renewable Energy Project
Adani Green Energy Ltd., a key player in India's renewable energy sector, is in talks to secure approximately $400 million through an offshore loan for an upcoming project, according to sources familiar with the matter. This initiative underscores the company's commitment ...
Indian EV Drive Sparks Grown Up In Chinese Auto Firms: GTRI Report
India's ambitious push towards bolstering domestic electric vehicle (EV) manufacturing may pave the way for a substantial influx of Chinese auto firms into the local market, suggests a report by the Global Trade Research Initiative (GTRI). Citing China's burgeoning automotive industry, ...
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