Business
US major BlackRock largest investor in Adani Group’s $750 million bond issue

New Delhi, April 10: US-based leading asset manager BlackRock is the largest investor in $750 million private bond issuance by the Indian behemoth Adani Group, informed sources said on Thursday.
According to people close to the matter, BlackRock’s move marks its first private placement in India’s infrastructure sector. BlackRock’s involvement also signals that it does not anticipate any significant operational disruptions for the conglomerate stemming from the legal proceedings in the US.
BlackRock, which oversees $12 trillion in assets globally, has apparently taken on one-third of the $750 million issuance, which carries a tenure of 3-5 years.
Apart from BlackRock, five other institutional investors also participated in the Adani Group’s latest capital raise.
As per sources, the $750 million bond issue of Renew Exim DMCC, a wholly-owned offshore entity of the Adani Group promoter family, is to be used to finance the acquisition of ITD Cementation and other growth avenues.
Aiming to bolster its engineering capabilities in the infrastructure sector, the Adani Group last year announced the purchase of a 46.64 per cent stake in ITD Cementation for Rs 5,888.57 crore from its promoters.
Renew Exim has since acquired an additional 20.81 per cent through an open offer at Rs 400 per share.
ITD Cementation, known for its work on key projects such as Jawaharlal Nehru Port Trust and ports in Tuticorin, Mundra, and Vizhinjam, is seen as a strategic asset for Adani’s long-term infrastructure ambitions.
According to BlackRock Chairman Larry Fink, “Infrastructure is one of the most exciting long-term investment opportunities, as a number of structural shifts re-shape the global economy”.
The Adani Group views the entry of the world’s largest investor as a strong vote of confidence, particularly at a time when its fundraising capabilities have been questioned due to the ongoing Department of Justice (DOJ) investigation in the US.
This marks the Adani Group’s second private dollar bond issuance. In February, the Group raised about $200 million for its Australian port operations.
International
Iran ballistic missile hits hospital in Israel, dozens injured

Tel Aviv, June 19: An Iranian ballistic missile struck Soroka Hospital in Israel’s Beersheba, seriously injuring several patients, doctors, and staff as the conflict entered its seventh day on Thursday.
“Soroka Hospital in Beersheba — where Jews, Muslims, Christians, and Arab Bedouin receive care — was just hit by an indiscriminate Iranian ballistic missile. Israel will continue to do what must be done to protect all its people, from all walks of life,” the Israel Foreign Ministry said in a post on X.
According to the Israeli Defense Forces (IDF), Iran fired around 30 ballistic missiles at Israel on Thursday, and one of them struck the hospital in Beersheba.
President of Israel, Isaac Herzog, took to his social media to narrate the horrific scenes in the hospital after the attack on the civilians.
“A baby in intensive care. A mother by their bedside. A doctor rushing between beds. An elderly resident in a nursing home. These were some of the targets of Iran’s missile attacks on Israeli civilians this morning. Soroka Hospital, located in Be’er Sheva, is one of Israel’s finest — serving the entire Negev region, caring for Israelis of all faiths and our neighbours the Palestinians who come especially to be treated there. Its devoted staff — Jews and Arabs — work side by side in extraordinary harmony, united by the mission to heal,” the President posted on X.
“I send strength and support to the medical teams, to the patients, and to the residents of Be’er Sheva and all cities attacked across Israel this morning. In moments like these, we are reminded of what’s truly at stake and the values we are defending,” the post added.
Condemning the attack on the hospital, Israeli Prime Minister Benjamin Netanyahu said, “This morning, Iran’s terrorist tyrants launched missiles at Soroka Hospital in Beersheba and at a civilian population in the centre of the country. We will exact the full price from the tyrants in Tehran.”
Israeli Foreign Minister Gideon Sa’ar criticised the Iranian regime, stating that it intentionally attacks the civilian population.
“The Iranian regime fired a ballistic missile at a hospital. The Iranian regime deliberately targets civilians. The Iranian regime is committing war crimes. The Iranian regime has no red lines,” the Foreign Minister said in a post on X.
Israeli Deputy Foreign Minister Sharren Haskel slammed Iran’s “deliberate” and “criminal” activities and posted, “Iran just hit Soroka Hospital in Be’er Sheva with a ballistic missile. Not a military base. A hospital. This is the main medical centre for Israel’s entire Negev region. Deliberate. Criminal. Civilian target. The world must speak out.”
The conflict erupted last Friday when Netanyahu announced the launch of ‘Operation Rising Lion’ against Iran, a targeted military operation to roll back the Iranian threat of nuclear weapons to Israel’s survival.
National
Kashmiri students safely back to Delhi from Iran, flag poor bus quality to reach home in J&K

Srinagar, June 19: Ninety-four students belonging to Jammu and Kashmir were evacuated from Iran and reached Delhi safely. While they thanked the Centre for the help, the students expressed displeasure over the buses provided by the Omar Abdullah government to take them home from the national capital.
After they boarded the buses for J&K in Delhi, some students posted pictures alleging the poor quality of buses made available to them to return home in the union territory.
Following these complaints, office of J&K chief minister, Omar Abdullah said on X, “The Chief Minister has taken note of the request of the students evacuated from Iran regarding the quality of buses arranged to transport them from Delhi to J&K. The Resident Commissioner has been tasked with coordinating with the JKRTC to ensure proper deluxe buses are arranged.”
CM Omar Abdullah earlier said on X, “94 of our students evacuated from Iran have safely reached Delhi. Govt is making transport arrangements for their smooth journey home, which will be in place within the next few hours”.
The CM had earlier spoken to Foreign Affairs Minister S. Jaishankar, requesting the safety of J&K students stuck in Iran.
Kashmiri Shia leader and MP, Aga Syed Ruhullah, had said earlier that Israel had hit a hostel occupied by Kashmiri students, and some students sustained minor injuries in that strike.
The MEA has made arrangements to evacuate all Indian students from Iran and also ensure the safety of Indian professionals engaged in various professions as doctors, engineers, etc., in Iran.
A good number of Kashmiri students are studying medicine in Iran. The Valley has a sizeable Shia Muslim population with close religious affinity with the predominantly Shia Muslim majority of Iran.
Most of the Shia scholars of Kashmir have had their religious learning in Iran. Both Sunni and Shia Muslim religious leaders of Kashmir have condemned Israeli strikes against Iran.
They have called for the immediate cessation of hostilities from both sides. Iran and Israel are locked in the worst hostilities against each other, and both countries have carried out missile strikes against civilians.
Crime
Honeymoon murder case: Sonam made 239 calls to Raj, saved number as ‘Sanjay Verma’

Shillong, June 19: In a chilling twist to the murder of Raja Raghuvanshi during his honeymoon in Meghalaya, police investigations have revealed that his wife, Sonam Raghuvanshi, the prime accused, was in regular contact with her lover Raj Kushwaha — whom she had saved in her phone as “Sanjay Verma” — both before and after her marriage.
According to Meghalaya Police, Sonam made and received over 239 calls from the number in just 39 days.
The police confirmed that the so-called Sanjay Verma is, in fact, Raj Kushwaha, who worked as an accountant in the furniture sheet unit owned by Sonam’s family in Indore.
He is now identified as the co-conspirator and the mastermind behind the murder plan.
Police suspect that Sonam deliberately saved Raj’s number under a different name to avoid arousing suspicion. His mobile phone has remained switched off since the case unravelled.
Sonam’s brother, Govind, reacting to the revelations, stated, “I don’t know anything about Sanjay Verma. I just got to know that Sanjay’s name is also coming up.”
He further emphasised that the family has cut all ties with Sonam and stands with the victim’s family in their fight for justice.
The murder has sent shockwaves across the country. What initially appeared to be a case of a missing couple took a dark turn when the body of Raja Raghuvanshi was discovered in the forested terrain of Meghalaya, not far from Nongriat village, where the couple was last seen.
The two had checked out from a homestay on May 23, just 12 days after their wedding in Indore, only for Raja’s body to be recovered on June 2.
According to police, Sonam had a long-standing relationship with Raj even before her marriage. Despite the ongoing affair, she went ahead with the wedding and planned a honeymoon trip to the northeast.
But the trip was part of a sinister plot to eliminate Raja. Police investigations have revealed that Sonam hired three contract killers — Akash Rajput, Vishal Singh Chauhan, and Anand Kurmi — to carry out the murder.
Her cousin, Jitendra Raghuvanshi, is said to have facilitated the first payment instalment to the hitmen.
After days of being untraceable, Sonam surfaced on June 8 in Uttar Pradesh’s Ghazipur district and surrendered at the Nandganj police station.
Her surrender came hours after the three hitmen were nabbed from different locations in Uttar Pradesh, Indore, and Sagar. Raj Kushwaha was arrested shortly after.
On June 11, during police interrogation, Sonam reportedly confessed to orchestrating the murder of her husband.
The murder, laced with deception and betrayal, has gripped national attention, particularly due to the elaborate planning and the disturbing involvement of multiple individuals close to the accused.
Govind, her brother, reiterated the family’s resolve to stand by Raja’s family.
“We have no relation with Sonam anymore. What she has done is beyond forgiveness. Our full support is with Raja’s family, and we will help them in their legal battle for justice,” he had said.
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