What Makes Business Leaders Influential in 2025?
01/22/2025
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With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
March 01, 2023: -India’s Adani Group is willing to prepay or pay again the share-backed loans, which is nearly $690 million to $790 million, by March, two people with knowledge of the matter told, as the conglomerate wants to burnish its credit profile after a short-seller attack.
The plan comes even as the people hold Singapore’s and Hong Kong’s fixed-income roadshow to boost investor confidence between the share price decrease and a regulatory probe.
Adani Green Energy has plans to refinance its 2024 bonds through an $800 million, three-year credit line. It stated that the people refused to be identified as they were unauthorized to speak with the media.
The people said the group presented both plans to bondholders in Hong Kong on Tuesday. The three-day roadshow is designed to complete on Wednesday.
Chief Financial Officer Jugeshinder Singh informed Bloomberg News the group is not starting to refinance the debt or raise capital.
Seven listed Adani group companies have lost over $140 billion in market value from a January 24 report by Hindenburg Research alleging stock manipulation, improper use of tax havens, and flagging concerns regarding debt levels.
Adani has refused the allegations and denied wrongdoing.
Shares of flagship Adani Enterprises increased 7.8% while trading, whereas Adani Green Energy, was up 3.75%.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
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January 22, 2025: Brazil experienced a devastating wildfire surge in 2024, with 30.8 million hectares (119,000 square miles) of land destroyed
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
January 21, 2025: The UK government has stated it has “no plans” to ban TikTok, even as the U.S. moves forward
January 20, 2025: Los Angeles is grappling with the aftermath of wildfires that have ravaged vast areas, destroyed homes,
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