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Ruskin Felix Consulting

Ruskin Felix Consulting

Adani to reduce their debt by $450 mil

Hindenburg Ambuja cement Adani

In tries to reel from the losses and allegations posed by Hindenburg research, a US short seller, Adani aims to sell a stake of 4-5%, worth $450 million, in Ambuja cement. This process is carried out by Adani in order to restore investors’ confidence in the conglomerate.


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