Adani backs out of $533mn US loan for Sri Lanka port – Times of India
Gautam Adani (PTI file photo) MUMBAI: Following US securities and wire fraud allegations, Adani Ports and Special Economic Zone, led by Gautam Adani, has withdrawn from a financing arrangement with a US agency for a Sri Lankan port terminal project, opting instead to utilise its own resources. In light of the US indictment, securing loans…