Adani mulls suing US short-seller as shares sink up to 20%
43 Articles
43 Articles
Adani Rout Deepens to $45 Billion, Pressuring Asia’s Richest Man
The selloff in Gautam Adani’s corporate empire accelerated on Friday, erasing more than $51 billion of market value in two sessions as Asia’s richest man struggles to contain the fallout from a scathing report by US short seller Hindenburg Research.
Company controlled by Asia’s richest person loses $51 billion in value in one week
The Adani Group, controlled by Asia’s richest person, Gautam Adani, lost more than $51 billion in value this week after a short seller accused the company of engaging in a “brazen stock manipulation and accounting fraud scheme.” The company’s stocks began plummeting on Tuesday following the release of the report from Hindenburg Research and it…
Gautam Adani, the richest man in Asia, loses $51 billion per report accusing him of bad corporate practices
El imperio de Gautam Adani perdió $51,000 millones de dólares, tras un informe de la firma de investigación de inversiones Hindenburg Research, quien la acusa de malas prácticas corporativas
Company controlled by Asia’s richest person loses $51 billion in value in one week
The Adani Group, controlled by Asia’s richest person, Gautam Adani, lost more than $51 billion in value this week after a short seller accused the company of engaging in a “brazen stock manipulation and accounting fraud scheme.” The company’s stocks began plummeting on Tuesday following the release of the report from Hindenburg Research and it…
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