Adani’s market losses exceeded $100 billion as investors were wary of selling shares
NEW DELHI/MUMBAI (Reuters) – Shares in India’s Adani Group fell on Thursday after it abandoned a $2.5 billion share offering in its flagship company, swelling market losses to more than $100 billion and raising concerns about the potential systemic impact. The withdrawal of the sale of shares of Adani Enterprises (ADEL.NS) marked a dramatic setback … Read more