India's Aditya Birla Fashion and Retail (ABFRL) will raise $500 million by selling shares, including to U.S. investment firm Fidelity, the retailer said on Wednesday. January 14, 2025.

Indian conglomerate Aditya Birla Fashion and Retail Ltd (ABFRL) has received approval from its board to strengthen its capital base through a $500m equity raise. The initiative is set to involve a ...