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Adani Group plans to sell 5% stake in Adani Power and Ambuja Cements

Adani Group plans to sell 5% stake in Adani Power and Ambuja Cements

The Adani Group is considering selling up to 5 per cent of its stake in both Adani Power and Ambuja Cements, according to a recent report by CNBC Awaaz. This move aims to reduce the conglomerate's substantial debt and manage its leverage more effectively.