3 insights to kick-start your day, featuring Adani Group’s green move

Synopsis
In Primeshots today: Fund infusion to Adani Green Energy; boost for e-bus maker Pinnacle Mobility; and banks’ credit growth may dip.

Power up In the news. Adani family to invest INR9,350 crore in green energy arm. Inside the news. With an aim to achieve 45GW by 2030, Adani plans to infuse INR9,350 crore. The funds will be used for partly paying off its debt and accelerated capital expenditure. Adani Green had a debt of INR40,769 crore as of September-end 2023 and the proposed fund infusion comes as it braces for bond repayments in September 2024. The company will issue just