President Donald Trump has repeatedly criticized the nation’s trade deficit, which the Commerce Department reported …
Read More »Adani group to exit Adani Wilmar, sell stake to raise over $2 billion – Times of India
NEW DELHI: Adani group on Monday announced its complete exit from the FMCG joint venture Adani Wilmar, selling its entire stake to Singapore-based partner Wilmar International and through the open market, with total proceeds expected to surpass $2 billion.Adani Enterprises Ltd, which owned a 43.94% stake in Adani Wilmar Ltd, has announced plans to sell a 31.06% stake to Wilmar …
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