Adani ports to repurchase Rs 23 billion of 2024 bond

28 Sep 2023 CW Team

Adani Ports and Special Economic Zone has announced its intention to repurchase up to $ 195 million worth of its 2024 bonds. This move comes as the Indian conglomerate, backed by billionaire Gautam Adani, aims to put behind the accusations made by a US shortseller. The 3.375% notes experienced their most significant increase in value since April when it was revealed that the company would be willing to pay $975 for every $1,000 in principal for debt submitted for redemption by October 11. Subsequently, the offer price will decrease to $ 965 per $ 1,000. Adani Ports stated that it would finance this repurchase using its cash reserves and clarified that the targeted bond has $520 million in outstanding principal. In recent months, the Adani group has been working to restore investor confidence, particularly following the publication of allegations of wrongdoing by shortseller Hindenburg Research, which had triggered a sell-off in both its bonds and stocks. Adani officials have consistently refuted these allegations.

Infrastructure Urban

30 Oct 2025

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..