Adani Enterprises shares jump as airport unit enters into $1 billion fundraising deal
The investors will subscribe to new shares in three tranches and collectively own about 5.54% of the airport operator after the final tranche.
The News Flicker
The investors will subscribe to new shares in three tranches and collectively own about 5.54% of the airport operator after the final tranche.
Shares of Adani Enterprises rose nearly 5% Wednesday after its airport unit announced it had entered into a deal to raise about 98.25 billion rupees ($1 billion) from a group of global and domestic i…
Originally published by CNBC. Read the full article →
More from World News
Your next loan may have a non-bank name on it
The landscape of retail lending is shifting as non-bank lenders swiftly embrace smaller ticket personal and consumer durable loans. NBFCs and fintech firms are not just leading originations by both volume and value; they are redefining lending opportunities a…
The News Flicker·September 9, 2026
Devina Mehra: Why external analysts can often see something that a company’s own managers cannot
The rules of investing are clear: every investment must get returns. But as history has shown, managements that get carried away by waves can develop blind spots. Meta and Tesla, for example, have confident CEOs but that doesn’t mean they’re always right.
The News Flicker·September 9, 2026
22 BRS MLAs suspended from Telangana assembly for remainder of monsoon session
The Telangana Assembly saw the suspension of twenty-two BRS MLAs for the remainder of the session due to uproar surrounding objections to the purification processes near a farmhouse. This incident has sparked outrage, being labeled as a disrespectful act towa…
The News Flicker·September 9, 2026