Adani Shares Bounce on News of $690m Debt Reduction Plan

Adani Shares Bounce on News of $690m Debt Reduction Plan

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India’s Adani Group is moving to reduce the debts of its listed companies further as seeks to counter doubts following a scathing report released by Hindenburg Research in late January. Gautam Adani’s port-to-power conglomerate is reportedly looking to prepay or repay share-backed loans worth…

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