Adani Power Board Approves $578 Mln Fundraising Via Share Sale
Staff Reporter | 29 January 2025The board also enhances the previously approved fundraising limit via non-convertible debentures to 11,000 crore rupees from 5,000 crore rupees
Moody's Changes Bharti Airtel’s Outlook To Positive; Affirms Ratings
Staff Reporter | 22 January 2025The change in outlook reflects a significant improvement in the Indian telecom operator’s financial profile and its steadily increasing market share
It’s Playtime For Swiggy After Food, Grocery Delivery; Eyes Sports Business
Staff Reporter | 15 January 2025Indian food and grocery delivery firm incorporates a new subsidiary, Swiggy Sports, to foray into the sports business
JSW Energy Set To Acquire Bankrupt KSK Mahanadi Power; Gets Letter Of Intent
Staff Reporter | 13 January 2025The development came after KSK Mahanadi Power’s creditors declared JSW Energy as successful applicant and approved its resolution plan
JSW Energy Seals Largest Deal Since Inception; To Buy O2 Power For $1.5 Bln
Staff Reporter | 27 December 2024The acquisition of 4.7-GW renewable energy platform would help JSW Energy in achieving its renewable-led capacity growth target of 20-GW before FY30
Adani Enterprises’ Defense Arm To Acquire 85.8% Stake In Air Works
Staff Reporter | 23 December 2024Adani Defence Systems agrees to buy the stake in Indian aircraft maintenance and repair company at an enterprise value of 400 crore rupees
S&P Upgrades Vedanta Resources To B On Reduced Refinancing Risk
Staff Reporter | 20 December 2024S&P says its Stable outlook reflects that Vedanta Resources will proactively address its $1.15 billion April 2026 debt maturities
Vedanta Board Approves To Pay $392 Mln Interim Dividend For FY25
COJ News Desk | 16 December 2024Indian natural resources conglomerate declarers a fourth interim dividend of 8.5 rupees per share for FY25
Credit Risk To Rise Amid Cyberattacks On Larger Companies - Moody's
Staff Reporter | 10 December 2024Moody's says cyber risk will intensify next year as attackers switch tactics in response to better corporate cyber defenses
Vodafone Idea Board Okays $234 Mln Share Issuance To Promoter Entities
COJ News Desk | 9 December 2024Indian telecom operator will seek shareholders’ approval at an extraordinary general meeting on 7 January
Vodafone Idea Plans To Raise $236 Mln From UK-Based Promoter
COJ News Desk | 5 December 2024The board will meet on 9 December to consider issuance of shares and convertible securities on a preferential basis
Moody's Lifts Vedanta’s CFR After Successful Liability Management
Staff Reporter | 27 November 2024Moody's says the bond issuances in quick succession solidify Vedanta's access to capital markets and growing investor confidence in the company
Moody's Changes Outlook On Seven Adani Group Companies To Negative
Staff Reporter | 26 November 2024Moody's says US indictment of group executives on bribery and other charges likely to weaken Adani Group's funding access and raise its capital costs
TotalEnergies Hits Pause Button On New Investments In Adani Group
Staff Reporter | 25 November 2024The development comes after US bribery and fraud charges against Adani Group founder Gautam Adani and several other executives
Adani Group Dismisses Bribery, Fraud Charges In US; To Seek Legal Recourse
Staff Reporter | 21 November 2024The conglomerate says US Department of Justice and Securities & Exchange Commission’s allegations against Adani Green Energy’s directors are basel
Adani Enterprises Plans To Raise $238 Mln Via Debentures
COJ News Desk | 29 October 2024Indian conglomerate’s board approves raising up to 2,000 crore rupees via public issuance of NCDs
Adani Power Board Approves Raising $595 Mln Via Debentures
COJ News Desk | 28 October 2024Indian power producer will raise funds through the public issue and private placement of debentures
Moody's Upgrades Vedanta Resources’ Corporate Family Rating To B3
Staff Reporter | 25 October 2024Moody's says the Stable outlook reflects its expectation that the natural resources conglomerate will address its debt maturities