IndianOil-Adani Gas Plans $161 Million Exchangeable-Bond Sale
The company, a joint venture between state-run Indian Oil Corp. and Adani Total Gas Ltd. of billionaire Gautam Adani, plans to raise the money in four tranches via compulsorily convertible debentures that will be converted into equity on a specified date, one of the people said, asking not to be identified as the details are private.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
23 minutes ago
- Yahoo
Microsoft (MSFT) 'Is More Vulnerable Than People Realize,' Says Jim Cramer
We recently published 12 Stocks Jim Cramer Discussed As Analyzed Morgan Stanley's Comments. Microsoft Corporation (NASDAQ:MSFT) is one of the stocks Jim Cramer recently discussed. Microsoft (MSFT) "Is More Vulnerable Than People Realize," Says Jim Cramer manaemedia / Microsoft Corporation (NASDAQ:MSFT) is one of the biggest software companies in the world. Its shares dipped slightly earlier this week after another IT outage, which the firm blamed on China. Cramer discussed the outage and shared that Microsoft Corporation (NASDAQ:MSFT) is opaque when it comes to such events: 'Because people did not know once again the vulnerabilities. And you can't figure it out yourself because Microsoft is a little opaque. Now I have criticized Microsoft on this stuff. I don't want to go there. Microsoft is a really powerful organization. You have to have their side. I don't have their side. . . . While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Bloomberg
25 minutes ago
- Bloomberg
China-Listed Firms Make Beeline for Reinvigorated Hong Kong
Hi, it's Julia Fioretti and Dave Sebastian here, taking a step back and looking at one of the big trends going on in Hong Kong right now. Also today, Broadcom's massive acquisition of VMware faces scrutiny. Today's top stories
Yahoo
an hour ago
- Yahoo
PwC India expands presence with sixth office in Gurugram
PwC India, a subsidiary of the UK-based consulting multinational PwC, opened its sixth office in DLF Downtown 4, Gurugram. The expansion increases the firm's capacity in India's National Capital Region (NCR) to nearly 8,000 people, while nationally it employs 30,000 across 20 locations. The office will feature innovation hubs, client experience zones, and collaborative spaces, enhance service delivery and support the firm's multidisciplinary approach to solving complex problems and creating disruptive value for its clients. 'The opening of our sixth office in the NCR region represents the continued demand for our services and the trust of our clients. As a people business, our offices are always centred around our clients and employees.", Sanjeev Krishan, chairperson of PwC India, said. "The contemporary workplace design and bold interiors that are aligned with our refreshed brand identity will support balance, collaboration, and innovation, giving our people what they need to thrive and bring their best every day, and our clients the experience they expect.' He added: 'The NCR offers a vibrant professional ecosystem that aligns perfectly with PwC India's ambitious growth and innovation objectives. By expanding in the dynamic hub of Gurugram, we are making a long-term investment in our promising future—one that will help us grow and go further by continually attracting the best talent from this region.' PwC India is also planning further expansion of its operational footprint, with two new offices slated to open in Mumbai in 2025. The move reflects the firm's ongoing efforts to strengthen its presence in the country's financial hub, offering flexibility to employees to work out of their preferred office locations in the city and better serve clients across the country. "PwC India expands presence with sixth office in Gurugram" was originally created and published by Investment Monitor, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
