Adani rout

NEW DELHI: Adani Group's withdrawal of its Follow on Public Offer (FPO) will have no affect on the Indian economy's image or macroeconomic fundamentals, Union finance minister Nirmala Sitharamansaid on Saturday. "Foreign Exchange Reserve…

Embattled billionaire Gautam Adani is in talks with creditors to prepay some loans backed by pledged shares as he seeks to restore confidence in his conglomerate’s financial health, a person with knowledge of the matter said.The move would…