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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NEW DELHI -- Embattled Indian billionaire Gautam Adani said Thursday his conglomerate will review its plans for raising capital after calling off his flagship company’s $2.5 billion share offering following the loss of tens of billions of dollars in market value due to claims of fraud by a…

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