international investors

Adani Enterprises approves Rs 16,600-cr QIP

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Adani Enterprises approves Rs 16,600-cr QIP

Adani Enterprises’ board has approved raising up to Rs 16,600 crore through a qualified institutional placement of shares. These shares will have a face value of Rs 1 each, and the fund raising will be done through one or more tranches, the company notified exchanges on Tuesday. On Monday, the board of group firm Adani … Read more

Indiabulls’ $350 million foreign bond offer subscribed 3 times

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Indiabulls’ 0 million foreign bond offer subscribed 3 times

MUMBAI: A host of international investors including PIMCO, Blackrock, Pictet and Abrdn invested in Indiabulls Housing Finance’s $350-million (Rs 2,900-crore) foreign bond offering that was subscribed over three times, generating a book size of $1.1 billion. The participation of global giants like PIMCO in an Indian corporate bond offering is a relatively rare occurrence. The … Read more