The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave, the flagship company of ports-to-energy conglomerate Adani Group, said it would raise 200 billion Indian rupees in India's largest follow-on public offering of new shares.
The proposed fund raise comes as the group led by Gautam Adani, the world's third richest person, aggressively expands into sectors such as cement and healthcare, amid some concerns about its elevated debt levels and large promoter shareholding.
Just a money grab selling overpriced stock to rubes.
want to see me without a bra?
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How the world's largest solar farm sprung from a desert in IndiaAs the world slowly moves toward renewable energy, one of the most complex dimensions of the transition is the obligation imposed upon developing countries, which also suffer some of the worst impacts of climate change. Presented by Cummins. Cummins So taking football fields of nature to plant ugly solar panels is an ecological idea? When a tornado comes around I am wondering how much more people will dye for nothing.
Source: BusinessInsider - 🏆 729. / 51 Read more »