asia

Adani in talks with banks to refinance debt taken for Ambuja Cements – ET Infra

Adani in talks with banks to refinance debt taken for Ambuja Cements – ET Infra

Adani Group is in talks with banks to refinance debt taken on to fund its purchase of Ambuja Cements Ltd, with lenders divided into three categories in what could be one of Asia‘s largest syndicated loan deals of the year. Banks are likely to refinance a total of $3.5 billion, according to people familiar with […]

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India-West Asia-Europe corridor deal offers alternative to China’s BRI – ET Infra

India-West Asia-Europe corridor deal offers alternative to China’s BRI – ET Infra

In a multi-continental effort that could provide a credible alternative to China-led Belt and Road Initiative (BRI), which has pushed many countries into a debt trap besides losing control over their assets, leaders of India-US-Saudi Arabia-UAE-Europe-Japan on Saturday announced a mega joint infrastructure deal to connect Asia with Europe via ports and railroad. Prime Minister

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