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India-born
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An India-born fund manager is behind Adani’s first major stake sale since the Hindenburg rout
Beleaguered Indian billionaire Gautam Adani is trying everything to win back investors’ confidence after a massive stock rout eroded over $140 billion of his group’s market value in a month. The efforts through road shows and negotiations seem to have paid off as the conglomerate has now reportedly managed to sell stakes in its firms
March 3, 2023