Bank of America (BofA) Global Research has initiated coverage on the Adani Group with 'Overweight' (OW) ratings on several of its US dollar bonds, citing the conglomerate's solid fundamentals, strong asset base, and intact funding access despite regulatory scrutiny and tightening market cond
Mumbai (Maharashtra) [India], January 6 (ANI): Mukesh Ambani-led Reliance Industries Limited (RIL) said on Thursday it has raised $4 billion in US dollar bonds which is the largest such issue by an Indian corporate. The bond issue was nearly three times oversubscribed.