Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
The Adani Group plans to raise $11 billion in debt to fund $18 billion in capital spending, aiming to reduce debt to $12 billion by 2030.
The Adani Group plans to raise 900 billion rupees in debt for the next fiscal year, with 55% from domestic sources and the rest from international markets, to fund 1.5 trillion rupees in capital spending.
CFO Jugeshinder Singh said the group aims to reduce its consolidated debt to 1 lakh crore rupees by 2030, relying less on external capital.
It has already secured 800 billion rupees and plans to raise 440 billion more in the coming months.
The group’s current debt of 2.6 lakh crore rupees is backed by 90,000 crore rupees in annual operating profit and 60,000 crore rupees in cash.
It remains interested in certain distressed Sahara Group assets but is not involved in ongoing litigation.
El Grupo Adani planea recaudar $11 mil millones en deuda para financiar $18 mil millones en gastos de capital, con el objetivo de reducir la deuda a $12 mil millones para 2030.