Adani Group Could Reduce Capital Spending in Certain Operations Following Failed FPO fiasco.
According to a report by the newspaper Mint on Monday, the Adani Group in India is looking to reduce its capital expenditure plans. This decision comes a few days after the main company in the conglomerate.
Which was planning a $2.5 billion stock sale, decided to cancel it. The information for the report was obtained from individuals who were close to the situation.