Billionaire Gautam Adani-backed Adani Enterprises will be in focus this week as the conglomerate is set to launch its follow-on public offer on January 27. Adani has also announced a discount of ₹64 per FPO equity share for retail investors bidding under the retail portion of the offer. Adani's FPO committee is scheduled to meet on January 25 to decide …
The government has been struggling to get rid of Air India for two decades. It was first mooted under Atal Bihari Vajpayee in 2000, then shelved under Manmohan Singh, but formally notified by Prime Minister Modi in June 2017. All good, except for the fact that such onerous conditions were put on its sale—including a strategic veto for the government …
