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Adani raises $15 bn in equity, debt in comeback strategy after Hindenburg rout

Adani raises $15 bn in equity, debt in comeback strategy after Hindenburg rout
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adani hindenburg news: Adani raises $15 bn in equity, debt in comeback strategy after Hindenburg rout

Billionaire Gautam Adani s conglomerate has raised over USD 5 billion in equity and a double of that in debt this year, following a short seller report. The group denied all allegations and reworked its strategy, fueling a comeback that now has the tycoon some USD 36 billion short of where he started the year and two notch and USD 12 billion shy of rival billionaire Mukesh Ambani. ....

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Adani raises $15 billion in equity, debt in comeback strategy after Hindenburg rout

Adani raises $15 billion in equity, debt in comeback strategy after Hindenburg rout
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Adani Group | Adani raises USD 15 billion in equity and debt in comeback strategy after Hindenburg rout

Adani, who was the world's second-richest man at the start of the year, saw almost USD 60 billion of his personal wealth erased after Hindenburg Research in a January 24 report accused his group of market manipulation and accounting fraud ....

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Adani Energy acquires Halvad Transmission project from PFC Consulting in Gujarat

The Adani Energy Solutions Ltd (AESL) has received a letter of intent (LoI) to acquire Halvad Transmission from PFC Consulting, the company said on Wednesday. ....

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