Adani Enterprises fpo subscription: Adani Enterprises FPO fully subscribed on final day

Mumbai: The ₹20,000-crore follow-on public offering (FPO) of (AEL) was fully subscribed on the final day of the offer Tuesday, January 31, thanks to late demand from family offices, corporates, and foreign investors. The issue – India’s biggest FPO – was subscribed 1.12 times at close. Domestic institutions, including mutual funds, and most retail investors […]

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Egypt’s Suez Canal nets $8bn in new annual record

PARIS: Investment in cleaner energy is on the verge of overtaking spending on fossil fuels for the first time ever after exceeding $1 trillion last year, a report on Tuesday said. Despite the milestone, spending on energy transition technology must immediately triple to meet the target of net-zero emissions by 2050 to combat climate change, […]

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