Adani reportedly abandons plans for an $850 million coal plant buyout, as the conglomerate still reels from a stock-market rout sparked by Hindenburg

Adani reportedly abandons plans for an $850 million coal plant buyout, as the conglomerate still reels from a stock-market rout sparked by Hindenburg

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Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023. Indranil Mukherjee/Getty Images Adani Power will scrap its plans to buy a coal plant in central India for $850…

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