Capital Group has invested over $2 billion in Adani companies while steadily cutting its Reliance Industries holdings amid shifting investor preferences in India.

The Capital Group has invested over $2 billion in three Adani Group firms in recent weeks. On May 5, it purchased nearly a 2% stake in for Rs 7,486 crore through open-market…

Capital Group has invested over $2 billion in Adani companies while steadily cutting its Reliance Industries holdings amid shifting investor preferences in India.

Bernstein reports that Adani Group's legal issues are easing, boosting confidence in its ports and power businesses.