Articles for tag: 30Year, Adanis, Airport, Challenges, Constitutional, Controversy, Court, Dramatic, Funds, Governance, Halts, Kenyan, Lease, Public, Sparking

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A Kenyan court halts Adani’s 30-year airport lease amid constitutional challenges, sparking dramatic controversy over public funds and governance.

A Kenyan court halts Adani’s 30-year airport lease amid constitutional challenges, sparking dramatic controversy over public funds and governance.

A Kenyan court has halted a government agreement that would allow India’s Adani Airport Holdings Ltd. to manage Nairobi’s main airport for 30 years. This legal decision comes as concerns arise over whether leasing Jomo Kenyatta International Airport (JKIA) to a private entity aligns with Kenya’s constitutional principles regarding good governance and accountability. Critics argue ...

Market News

Adani’s Bold Bond Strategy: A Test of Investor Trust Post-Crisis

Adani’s Bold Bond Strategy: A Test of Investor Trust Post-Crisis

Adani Enterprises Ltd. is set to launch its first bond sale aimed at individual investors, starting Wednesday, as part of its strategy to diversify funding sources after facing challenges from a short seller’s report last year. The company aims to raise up to Rs 800 crore (around $95.3 million), with a significant portion reserved for ...

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