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Adani Airports to raise Rs 1,950 crore via NCDs

Mumbai Adani Airport Holdings is raising Rs 1,950 crore through non-convertible debentures (NCDs) with the primary objective of providing inter-company loans to various airports, including Ahmedabad, Lucknow, Mangalore, Jaipur, Guwahati and Thiruvananthapuram.The NCDs with a coupon rate of 9.35% per annum will primarily cover payments made to the Airports Authority of India relating to prior…

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Security forces recover arms in Manipur, ensure safe passage on highways

Security forces have made significant recoveries of arms and ammunition across Manipur’s hill and valley districts. The operations, conducted in the Mongbung and Kashimpur Balijuri villages of Jiribam District, led to the seizure of two submachine carbines, two magazines, 199 empty shell casings, and an improvised explosive device, locally identified as a Pompi bomb. The…

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