Adani to exit consumer goods venture Adani Wilmar in $2 bn deal

Billionaire Gautam Adani’s group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and in the open market for an estimated over $2 billion in a first major deal

Adani’s clarification on bribery charges lifts markets

Equity benchmark indices Sensex and Nifty rebounded on Wednesday, driven by a sharp rally in Adani group stocks and fresh foreign fund inflows. The BSE benchmark Sensex climbed 230.02 points or 0.29 per cent to settle at 80,234.08. During the