Adani Group Saga Is Credibility Test for India’s Markets, Institutions

[ad_1] How New Delhi reacts to fraud allegations by a short seller against one of India’s largest conglomerates will have a major impact on foreign investors’ perception of the country’s…

Selloff in Adani Group Stocks Wipes Out $47 Billion in Market Value

[ad_1] Five of the seven listed Adani Group companies ended the day 16% to 20% lower, while India’s benchmark Nifty 50 index fell to a three-month low. [ad_2] Source link

Adani Group Calls Fraud Allegations Baseless, Bemoans Stock Moves

[ad_1] Business Short seller Hindenburg Research accused the Indian conglomerate of wide-ranging fraud [ad_2] Source link