Business
Adani bond yields surge to contemporary highs
Mumbai: Yields on bonds issued by the Adani Group soared to record highs in overseas markets after Citibank joined Credit Suisse in refusing the group’s securities as loan collateral.Prices of multiple bonds issued by different companies of the Adani Group fell sharply on Thursday, a day after flagship Adani Enterprises dramatically announced the withdrawal of…
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Business
Main person cos to proceed capex
Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…
Business
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Business
‘India, Russia settling some non-oil trade in Re’
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