Adani ports mulls repaying $605 million debt to calm investors

Gautam Adani's ports unit is considering to repay about 50 billion rupees ($604.6 million) of loans, as the beleaguered Indian tycoon seeks to trim debt after a short seller attack put his empire's financial health and corporate governance under scrutiny. India’s largest private sector ports operator also said it would roughly halve its capital expenditure next financial year, compared with the current year.