India's Adani to raise $3.5bn, as it expands emerging businesses
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.
Adani Enterprises, the group's flagship arm, said in a filing to the Indian stock exchange on Tuesday that its board had approved its plan to raise $2 billion through the issuance of shares or debt or a mix of both.