'We don't make films for profit and that's exactly why profit follows.'
Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, plans to raise $409 million through US dollar-denominated bonds to repay a debt obligation falling this year. In a regulatory filing, the company said the bond will have a door-to-door tenor of 18 years. The proceeds will be used to redeem the $500 million 6.25 per cent senior secured notes due 2024, it said adding these notes were issued on June 10, 2019.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
In the case of Iran, the lifting of sanctions has paved the way for direct relations.
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