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      • The business empire of Indian billionaire Gautam Adani lost about $120bn in value after US short-selling investment group Hindenburg Research in a report on January 24 accused it of artificially inflating share prices. The report and its aftermath also forced Adani Enterprises to abandon a $2.5bn stock offering.
      www.aljazeera.com/news/2023/2/9/indias-adani-shares-fall-after-msci-review-of-free-float-status
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  2. Bonds and shares of Adani-affiliated firms plummeted, resulting in a market value loss exceeding $104 billion, equivalent to nearly half of the group’s total value.

  3. Feb 11, 2023 · When shares of the Adani Group, until recently India’s largest conglomerate, began their free fall late last month, shedding more than $100 billion in days, some observers worried that the...

    • Alex Travelli
  4. Mar 28, 2023 · All 10 listed shares of the Adani Group fell on Tuesday, with at least four hitting the lower circuit of 5 per cent. Flagship Adani Enterprises fell 7 per cent during the intraday trading session, and was down over 5.3 per cent at Rs 1,630.85 per piece at around 12:50 am.

    • Business
  5. May 24, 2023 · Published May 24, 2023 Updated May 25, 2023. The Adani Group, a conglomerate that builds and operates ports, power lines and food factories across India, began the year nearly on top of the...

    • Alex Travelli
  6. Jan 25, 2023 · The report by Hindenburg Research, released on January 24, 2023, suggested that Adani Group was “engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades”.

    • India Today Web Desk
    • Business
  7. Feb 4, 2023 · The Adani Group has lost $118 billion in 10 days, a 50 per cent decline since Hindenburg accused the group of stock manipulation, improper use of tax havens, money laundering and mounting debts. India Today reached Hindenburg's New York office.

  8. Feb 9, 2023 · The business empire of Indian billionaire Gautam Adani lost about $120bn in value after US short-selling investment group Hindenburg Research in a report on January 24 accused it of...