https://economictimes.indiatimes.com/markets/stocks/news/adani-group-promoters-sold-shares-worth-rs-37000-crore-in-2023-to-raise-cash/articleshow/104011600.cms
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While the selling in Adani Group companies and Vedanta was meant to raise cash to manage debt, HDFC Life and CIE India saw promoter entities offloading stake for strategic reasons.
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