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Indian regulator reassures investors after Adani rout

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MUMBAI, INDIA — India’s securities regulator said Saturday that markets were stable and protected from further volatility, following a phenomenal share rout that hit the business empire of tycoon Gautam Adani. The combined market cap of Adani Group’s listed companies has collapsed by around $120 billion — about half of the conglomerate’s value — since […]

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