Adani Group Shares Plummet, Extending Defeat After Hindenburg Report

Adani Group Shares Plummet, Extending Defeat After Hindenburg Report

Shares of Adani Group companies have lost more than $30 billion in market value in less than two sessions as a sell-off triggered by the scathing report by US short-seller Hindenburg Research deepened on Friday. The defeat is putting pressure on billionaire Gautam Adani, Asia’s richest man, as it erodes his net worth and threatens […]