Washington, April 14 (IANS) As global investors reassess risk in a shifting economic order, Mehul Pandya believes India has a chance to challenge long-standing norms in sovereign credit ratings — and to question why some economies are judged differently than others. Pandya, Managing Director (MD) and Group CEO of Care Ratings Limited, is in Washington for the Spring Meetings of the International Monetary Fund (IMF) and the World Bank, where he is meeting policymakers, investors and multilateral…
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New Delhi, Jan 2 (IANS) The National Highways Authority of India (NHAI) on Friday said that its Infrastructure Investment Trust (InvIT) — Raajmarg Infra Investment Trust (RIIT) — has received AAA (Stable) rating for long-term bank facilities by CARE Ratings Limited.The top-tier rating underscores the high degree of safety and reliability offered by RIIT’s debt instruments, making it among the most secure investment options available to investors.“This milestone reinforces RIIT’s position…
Ahmedabad, Jan 2 (IANS) Adani Enterprises Limited (AEL), the flagship company of the Adani Group, on Friday announced the launch of its third public issuance of secured, rated, listed, redeemable, non-convertible debentures (NCDs) of Rs 1,000 crore, offering up to 8.90 per cent per annum.The issue will open on January 6 and close on January 19, with an option of early closure or extension. The NCDs have a face value of Rs 1,000 each.Each application will be for a minimum of 10 NCDs and in multip…