'Morally not correct': Adani calls off 20,000 crore FPO, money to be returned

Gautam Adani's flagship firm called off its $2.5 billion share sale in a dramatic reversal on Wednesday. A rout sparked by a U.S. short seller's criticisms wiped out Adani's stocks worth billions. According to a Reuters report, the withdrawal of the share offering marks a stunning setback for Adani. Watch this video for more.

Story Saved
Saved Articles
My Reads
My Offers
Sign out
New Delhi 0C
Monday, March 27, 2023
Start 15 Days Free Trial Subscribe Now
Register Free and get Exciting Deals