Adani Ports has withdrawn its request for a $553 million loan from the US International Development Finance Corporation (IDFC) for a Sri Lankan port project. Facing US fraud allegations, the company will now self-fund the Colombo West International Terminal development, originally slated to begin operations this month but now expected by early 2025.
Adani backs out of $533mn US loan for Sri Lanka port
Categories:
Related Post
SCOOP: Speaker Johnson reveals guest list for Trump’s big speech TuesdaySCOOP: Speaker Johnson reveals guest list for Trump’s big speech Tuesday
FIRST ON FOX: Speaker Mike Johnson, R-La., has made border security a cornerstone issue of his tenure in the House of Representatives, a theme he’s continuing to keep through President
Expectations for Biden meeting with Xi Jinping at APEC summitExpectations for Biden meeting with Xi Jinping at APEC summit
President Biden is in Peru for the Asia Pacific Economic Cooperation summit with his upcoming meeting with Xi Jinping at the summit generating significant interest. CBS News correspondent Natalie Brand
Juan Soto agrees to 15-year, $765 million contract with New York Mets: ReportsJuan Soto agrees to 15-year, $765 million contract with New York Mets: Reports
The 26-year-old slugger was considered this offseason’s top free agent, valued as much for his elite skills as for his age.