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Adani Airports raises $750mn from international banks

NEW DELHI: Adani Airports Holdings (AAHL) Wednesday said it has raised $750 million via external commercial borrowings from a consortium of international banks. The transaction was led by First Abu Dhabi Bank, Barclays, and Standard Chartered Bank. The company says it will “use the proceeds to refinance existing debt, invest in infrastructure upgrades, and capacity…

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India wants WTO’s dispute settlement mechanism back

PARIS: India has identified the restoration of the dispute settlement mechanism as the first priority for WTO members and called for maintaining special treatment for poor and developing countries.After a meeting of trade ministers here, commerce & industry minister Piyush Goyal also reiterated India’s opposition to bringing plurilateral initiatives such as investment facilitation under the…

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