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Adani's losses in the market exceeded $100 billion as the pending share sale spooked investors

Adani’s losses in the market exceeded $100 billion as the pending share sale spooked investors

NEW DELHI/MUMBAI (Reuters) – Adani Group’s losses in the market swelled to more than $100 billion and raised concerns about its potential systemic impact on Thursday, a day after its parent company abandoned a $2.5 billion equity offering. The pullout of the sale of shares of Adani Enterprises (ADEL.NS) was a dramatic setback for its …

Adani’s losses in the market exceeded $100 billion as the pending share sale spooked investors Read More »