Embattled Indian Business Empire Raises $2.5 Billion in Tricky Share Offering

Embattled Indian Business Empire Raises $2.5 Billion in Tricky Share Offering

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Adani Enterprises, the flagship company in the Indian billionaire Gautan Adani’s business empire, raised $2.5 billion from investors on Tuesday in a nail-biting process that had been thrust into doubt by recent allegations of fraud. The conclusion of the share offering was supposed to mark another…

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