Business highlights

Business highlights

New Delhi, Nov 14 (PTI) Following are the top business stories at 2032 hours: DEL22 BIZ-LD INFLATION Wholesale inflation at (-) 0.52 pc in Oct; in negative territory for 7th month New Delhi: Wholesale price inflation remained in the negative territory for the seventh month in a row in October at (-) 0.52 per cent on easing prices of food items.

DCM29 BIZ-ADANI ENERGY-BOND Adani Energy Solutions plans to raise USD 360 million via bonds New Delhi: Adani Energy Solutions (AESL), earlier known as Adani Transmission, is planning to raise USD 360 million (around Rs 3,000 crore) through issuing bonds on a private placement basis.

DCM38 BIZ-JAL-ICICI BANK Jaiprakash Associates to transfer shares, equal to 7.71 pc equity stake, to ICICI Bank to settle part loan New Delhi: Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates Ltd (JAL) will give 7.71 per cent stake, worth Rs 366 crore at current market price, in the company to ICICI Bank to clear part of the outstanding loan.

DEL26 BIZ-OBEROI-LD OBIT PRS 'Biki' Oberoi - The man who put India's first five-star hotel on global luxury map New Delhi: As a child, he witnessed Allied pilots use his father's hotel in Calcutta during the second world war and six-and-half-decades later saw a dastardly terrorist attack all but destroy his flagship hotel in Mumbai.

DCM5 BIZ-GOYAL-LD TESLA Goyal visits Tesla's manufacturing facility in California New Delhi: Commerce and Industry Minister Piyush Goyal has visited the manufacturing facility of US-based electric vehicle major Tesla at Fremont, California and said that the company would be doubling its auto components imports from India.

DCM24 BIZ-LD CRITICAL MINERALS Govt to invite bids for 20 critical mineral blocks in next two weeks: Mines Secretary V L Kantha Rao New Delhi: The government will invite bids for 20 critical mineral blocks in next two weeks, a top official said on Tuesday.

DCM25 BIZ-ADANI ELECTRICITY-BUYBACK Adani Electricity announces buyback of USD 120 million senior secured notes due in 2030 New Delhi: Adani Energy Solutions' arm Adnai Electricity Mumbai has announced a tender offer to buybuy part of its outstanding senior secured notes worth USD 120 million, which are due in 2030. PTI SHW

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