Billionaire Adani’s firms weigh raising up to $5 billion: Report

Billionaire Adani’s firms weigh raising up to $5 billion: Report

Three companies controlled by billionaire Gautam Adani are considering a fundraising that may draw as much as $5 billion, according to people familiar with the matter, in a pivotal test of investor confidence in the tycoon’s empire less than four months after a scathing short seller report plunged it into crisis.Adani Enterprises Ltd., the flagship, … Read more