Domestic indices reversed the recent downward trend, starting the month of March on a positive note. NSE Nifty 50 surpassed the crucial 17400 level, rising 116 pts or 0.67% to 17,420.15; and BSE Sensex surged 370 pts or 0.63% to 59,331.38 in the intraday trade on Wednesday. Banking index Bank Nifty soared 333.90 pts or […]
The Adani group, whose mostly debt-fueled breakneck expansion saw gross debt doubling in four years, has almost USD 2 billion worth of foreign-currency bonds coming up for repayment in 2024, according to a presentation the conglomerate made to investors. The apples-to-airport conglomerate borrowed over USD 10 billion in foreign currency bonds between July 2015 and […]
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