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Adani Group calls off plans to float InvIT

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Adani Group calls off plans to float InvIT
Gautam Adani, chairman and founder of Adani Group | Credit: Reuters

Billionaire Gautam Adani-controlled Adani Group has called off plans to float an infrastructure investment trust (InvIT) for the power transmission arm anticipating few takers, three people privy to the matter told VCCircle.The development comes after the lacklustre debut of other InvITs on the stock market.In early May, road developer IRB ......

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