Thursday, 11 May 2023

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.

from Times of India https://timesofindia.indiatimes.com/business/india-business/billionaire-adanis-firms-weigh-raising-up-to-5-billion-report/articleshow/100159875.cms
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