Chiranjivi Chakraborty And Ashutosh Joshi Bloomberg

Shares of Adani Enterprises Ltd., the flagship of Indian billionaire Gautam Adani's group, have erased all the losses inflicted by a scathing short-seller report in early 2023, after the conglomerate cut debt and landed major projects.

A record stock-market valuation and surging foreign inflows make for a great backdrop as Prime Minister Narendra Modi looks to tout India's growing prominence to world leaders at this weekend's Group of 20 summit in New Delhi.

Shares of Adani Enterprises Ltd., the flagship of Indian billionaire Gautam Adani's group, have erased all the losses inflicted by a scathing short-seller report in early 2023, after the conglomerate cut debt and landed major projects.

A record stock-market valuation and surging foreign inflows make for a great backdrop as Prime Minister Narendra Modi looks to tout India's growing prominence to world leaders at this weekend's Group of 20 summit in New Delhi.