Adani scraps $2.5B share sale after fraud claims hit stock

Adani scraps $2.5B share sale after fraud claims hit stock

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Embattled Indian billionaire Gautam Adani called off his flagship company's $2.5 billion share share late Wednesday after a tumultuous week saw his conglomerate shed tens of billions of dollars in market value after claims of fraud from a U.S.-based short-selling firm. Citing a volatile market and…

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