India's Adani to raise $3.5bn, as it expands emerging businesses

Conglomerate makes aggressive move a year after Hindenburg allegations

20240528 Adani logo

Adani is expanding its businesses in airports, roads and data centers among others. © Reuters

SAYAN CHAKRABORTY, Nikkei staff writer

BENGALURU -- India's Adani conglomerate is aiming to raise up to 291 billion rupees ($3.5 billion), as it expands investments in business sectors such as airports, real estate and data centers.

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