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Sep 23, 2022, 9 tweets

#MintPlainFacts | Billionaire Gautam Adani has pledged his entire stake in Ambuja Cements Ltd and ACC Ltd to foreign banks.

(Pragya Srivastava reports)

Read here: livemint.com/economy/data-r…

#MintPlainFacts | Interest rate hikes by the US Federal Reserve have been a key reason for the weakening of the rupee.

Read here: livemint.com/economy/data-r…

#MintPlainFacts | India's automobile sector, which has been grappling with low demand and raw material shortages, is expected to post its best-ever festive period growth in the coming season.

Read here: livemint.com/economy/data-r…

#MintPlainFacts | The Adani family has pledged 63.15% stake in Ambuja Cements and 56.69% in ACC, worth as much as $12.5 billion, to foreign banks to fund his family's acquisition of the two cement makers.

Read here: livemint.com/economy/data-r…

#MintPlainFacts | The major reasons for the slowing are delays in land acquisition and rise in land prices.

Read here: livemint.com/economy/data-r…

#MintPlainFacts | The Asian Development Bank has become the latest organization to cut India's GDP growth forecast for the current financial year.

Read here: livemint.com/economy/data-r…

#MintPlainFacts | That's the amount state-owned National Highways Authority of India (NHAI) plans to raise from the capital market through infrastructure investment trusts (InvITs), Mint reported this week.

Read here: livemint.com/economy/data-r…

#MintPlainFacts | The government extended the deadline for curbs on export of broken rice from 15 September to 30 September to ease tension at ports.

Read here: livemint.com/economy/data-r…

#MintPlainFacts | Every tenth case of kidnapping has an elopement or love angle, shows data released recently by the National Crime Records Bureau.

Read here: livemint.com/economy/data-r…

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