Adani group in talks to raise $1.8 billion from India bond sales

Adani Group, owned by billionaire Gautam Adani, is reportedly planning to raise up to INR150bn ($1.8bn) in India’s local bond market this financial year to "shore up" investor confidence after a US short seller made damaging allegations earlier this year.

Jul 31, 2023 - 23:30
Adani group in talks to raise $1.8 billion from India bond sales
Adani Group, owned by billionaire Gautam Adani, is reportedly planning to raise up to INR150bn ($1.8bn) in India’s local bond market this financial year to "shore up" investor confidence after a US short seller made damaging allegations earlier this year.