Indian multinational giant Adani Enterprises’ latest quarterly profit more than doubled, dodging a fraud attack earlier this year that wiped out $133 billion of the company’s market value. The Ahmedabad-based company’s net income increased during the first quarter to $88.2 million, the company reported in an exchange filing on Thursday. “These exceptional results also highlight our consistent […]
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Adani’s $133 billion ‘fraud scandal’: 5 things you need to know
The Adani Group has denied the allegations, calling them “malicious” and “baseless”