Brokerage firm CLSA estimates Indian bank debt accounts for 33-38% of Adani group's overall debt. Of the top 5 of group's companies, only 3 have relatively high share of bank debt.
Armani built a multibillion-dollar global brand from something as simple as an unstructured jacket, and broke down the walls between formal and casual.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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