Adani Ports and SEZ has successfully raised ₹5,000 crores through a 15-year Non-Convertible Debenture (NCD) issue. Backed by APSEZ`s robust fiscal health and an `AAA/Stable` rating by domestic credit agencies, the issue attracted a keen interest rate of 7.75&#37 per annum. The entirety of this offering was acquired by LIC, and it is destined for listing on the Bombay Stock Exchange (BSE).

Prime Minister Narendra Modi today inaugurated the Rising North East Summit in New Delhi, an important event aimed at showcasing and boosting investment opportunities in the North Eastern states of India. The summit brings together government officials, industry leaders, entrepreneurs, and investors to explore the vast potential of this region in sectors such as infrastructure, technology, agriculture, tourism, and more. During his speech at the summit, Prime Minister Modi made a significant announcement that marks a major milestone for the country. He shared that India is set to receive its first-ever Made-in-India semiconductor chip, which will be manufactured in the Northeast.