Adani pulls out of 3 million US loan deal for Colombo port – Times of India

Adani pulls out of $553 million US loan deal for Colombo port – Times of India

An entity majority-owned by embattled billionaire Gautam Adani, who was indicted in US courts last month, has pulled back from a loan pact valued at $553 million from the US International Development Finance Corporation, according to a company filing.“The project will be financed through the company’s internal accruals and capital management plan. We have withdrawn…

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Mahila Samman Savings Certificate: Last few months to apply for MSSC scheme; get 7.5% interest rate – details here – Times of India

Mahila Samman Savings Certificate: Last few months to apply for MSSC scheme; get 7.5% interest rate – details here – Times of India

Mahila Samman Savings Certificate scheme is open for women and girl investors till March 31, 2025. (AI image) Mahila Samman Savings Certificate Scheme last date: The Mahila Samman Savings Certificate Scheme (MSSC), started in March 2023, is a women-focused financial initiative offering competitive interest rates. This scheme was launched with an aim to enhance financial…

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‘US Department of Justice has no business…’: Mark Mobius says US DOJ overstepped bounds on Adani case – Times of India

‘US Department of Justice has no business…’: Mark Mobius says US DOJ overstepped bounds on Adani case – Times of India

Mark Mobius said, “I think the Justice Department in the US probably overstepped its bounds. It has gone too far.” Mark Mobius, Chairman of Mobius Emerging Opportunities Fund, has said that the US Department of Justice ‘overstepped its bounds’ in indicting Gautam Adani and other officials in the alleged bribery case. Mobius believes that the…

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India’s IPO fundraising set for landmark year 2024: S&P Global Market Intelligence – Times of India

India’s IPO fundraising set for landmark year 2024: S&P Global Market Intelligence – Times of India

NEW DELHI: Fundraising via initial public offerings (IPO) in India is set for another landmark year this 2024, asserted S&P Global Market Intelligence in a report. Economic growth, favorable market conditions and improvements in the regulatory framework helped companies raise record amounts in 2024, the financial information and analytics firm said in its analysis earlier…

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Lenskart to set up world’s largest eyewear manufacturing facility in Telangana with Rs 1500 crore investment – Times of India

Lenskart to set up world’s largest eyewear manufacturing facility in Telangana with Rs 1500 crore investment – Times of India

HYDERABAD: Eyewear major Lenskart is investing Rs 1500 crore in setting up what is touted as the world’s largest eyewear manufacturing factory in Telangana.The facility will make eyewear, lenses, sunglasses as well as accessories and other products catering to the India as well as exports to other markets in South East Asia and the Middle…

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