Adani Enterprises
Adani New Industries Limited raises trade finance facility of USD 394 mn from Barclays, Deutsche Bank
Adani New Industries Limited (ANIL), a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one of the largest integrated green hydrogen businesses, including solar modules and wind turbine manufacturing.
Gieom's Ops and Risk Central is now available on Temenos Exchange
Temenos Exchange brings innovation to market faster, and at scale. The ecosystem offers pre-integrated and approved fintech solutions that can be easily deployed on top of Temenos open platform for composable banking, enabling banks to accelerate the creation of new financial services, while reducing the costs of development.
Fintech company Lendingkart raises Rs 200 cr from EvolutionX Debt Capital
The company said it will use the funds to drive its growth as it looks to build on its profitable yearly numbers in FY23 and drive its core business growth by enabling financing for a much higher number of MSMEs across the country. Lendingkart will continue to invest in its tech capabilities which bolster its lending platform which in turn will further partnerships with marquee banks and NBFCs of India.
All Adani portfolio companies listed on Indian bourses: Adani Group
The notice said: “In our listed portfolio, six of our companies - Ambuja, ACC, AWL, NDTV, APL and ATGL are purely domestic issuers and listed on the Indian exchanges. “Four of our portfolio companies - AGEL, ATL, APSEZ and AEL issue global capital market papers with only APSEZ being a corporate issuer. AGEL has one instrument issued on corporate basis. All of the other issues are restricted group issuances.
Adani Group, the emerging leader in ESG
The compendium states how the portfolio of the companies are emerging as the leaders by setting higher standards in ESG across all its businesses. Adani portfolio of companies are committed to sustainable growth, capitalising on unprecedented opportunities. This growth is being shaped and influenced by the highest standards of responsibility across various aspects of its operations.
Adani Group delivers record-breaking performance across portfolios; EBITDA grows at 36% to Rs 57,219 cr
The group, which has interests ranging from ports to airports, from electricity generation to transmission and distribution, from edible oil to FMCG products, logistics, cement and roads, recorded its highest ever EBITDA at the group portfolio level (all group companies combined) of Rs 57,219 crore, achieving a 36 per cent growth over.
PhonePe becomes first payment app to link 2 lakh RuPay credit cards to UPI
The company said it aims to offer a comprehensive suite of solutions for RuPay Credit on UPI in partnership with NPCI to popularize its usage among the customers and merchants alike. The company has already enabled the acceptance of RuPay credit cards on UPI across 12 million merchant outlets in the country, achieving the highest merchant penetration in the ecosystem.
BharatPe appoints Sandeep Indurkar as CBO-Banking & Alliances
"I look forward to strengthening the market for BharatSwipe and Speaker. Also, I look forward to fostering the right partnerships with relevant players in the financial services ecosystem, with the objective of making a larger impact across merchant businesses," Sandeep Indurkar said in a statement.
'Complex matter', Sebi seeks more time from SC for Hindenburg-Adani probe
Sebi, in an application moved in the apex court, said: "Applicant/SEBI most respectfully submits that keeping in view the forgoing circumstances, it would take further time to arrive at verified findings and conclude the investigation... for ascertaining possible violations related to mis-representation of financials, circumvention of regulations and/or fraudulent nature of transactions in respect of 12 suspicious transactionsa... given the complexity of the matter, SEBI in the normal course would take at least 15 months for completion of the investigation of these transactions, but is making all reasonable endeavours to conclude the same within six months."
Adani debunks reports on repayment of loans against shares
Adani has completed full prepayment of margin linked share backed financing aggregating to USD 2.15 billion and all corresponding shares pledged for those facilities have been released. Adani said all share backed facilities availed by the promoters have been paid off. After such repayment, ListCo pledge positions for Adani Green, Adani Ports, Adani Transmission & Adani Enterprises have reduced substantially, and only residual share pledges corresponding to Operating Company (OpCo) facilities remained outstanding.
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