Adani Total Gas Ltd (ATGL) has successfully secured $375 million in financing from a consortium of international lenders to enhance its City Gas Distribution (CGD) network across India. This marks ATGL’s first international financing deal, with five major institutions participating: BNP Paribas, DBS Bank, Mizuho Bank, MUFG Bank, and Sumitomo Mitsui Banking Corporation.
The initial commitment of…
In a historic move, Singapore’s DBS Group has named Tan Su Shan as its new Chief Executive Officer, effective March. This appointment is particularly significant as Tan will be the first female to lead DBS and the first to rise from within the ranks of the bank. She will succeed Piyush Gupta, who has been at the helm of Southeast Asia’s largest bank for the past 14 years, guiding it through a…
