Adani, Embattled Indian Company, Scraps $2.5 Billion Share Sale
Adani Enterprises, the flagship of the Indian conglomerate Adani Group, called off its $2.5 billion share sale on Wednesday, citing “market volatility,” a blow to the company and its billionaire founder, Gautam Adani, as it struggles to overcome a plunge in value set off by fraud allegations made…
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