The U.S. dollar-denominated bonds issued by India’s Adani Ports and Special Economic Zone rose on Monday, after the company commenced a cash tender offer for a buyback of securities. On Monday, Adani Ports and Special Economic Zone, part of the beleaguered Adani Group, said it has floated a tender of up to $130 million of […]
RBI staff see India soon entering a ‘low inflation regime’
Reserve Bank of India (RBI) staff think a “low inflation regime” is not far away for the Indian economythere is a rising probability since the second half of 2022-23 that the Indian economy is transiting away from the high regime,” a paper by RBI staff, released on April 21 as part of the central bank’s […]
Reliance Industrial Infra Q4 net profit up 988% at ₹11.54 Cr, Board declares dividend
Reliance Industrial Infrastructure Ltd., a small-cap company, closed today’s trading session with a market valuation of ₹1,268 Cr. A Reliance Group company Reliance Industrial Infrastructure Limited mostly deals in industrial infrastructure. Its primary activities include renting construction equipment and other infrastructure support services, as well as the transfer of petroleum products and raw water through […]