Shares in listed companies controlled by one of the world's richest men have lost $48bn in market value over three days after a report by a short seller that claimed he was behind the"largest con in corporate history".
India's capital markets regulator was studying the Hindenburg report and could use it to aid its own ongoing investigation into offshore fund holdings of Adani Group, according to Reuters.
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India’s Gautam Adani: one of world’s richest men becomes a short seller’s targetTycoon associated with prime minister heads a business empire that has surged in value Desperate campaign to malign him. It maybe overvalued but Adani group is not as bad as projected A huge conspiracy to deflate India's economy by powerfull Modi haters. Hindenburg needs to be checked. Slay India
Source: FT - 🏆 113. / 51 Read more »
Adani Group: Asia's richest man hits back at 'con' allegationsIndian billionaire Gautam Adani hits back after fraud claims wipe billions off his company. Behind every great fortune lies a great crime. -- Honore de Balzac Behind every rich man hides a criminal.😉 The honorable, rich and the man with power is Ratan Tata in India, The man with wisdom and a leader. Does not have to justify his wealth or doings … that’s the wisdom BBCWorld must cover that is much required as an influence
Source: BBCNews - 🏆 3. / 97 Read more »
Hindenburg’s critique of the Adani empireA small investment firm picks a fight with India’s richest tycoon An empire of an overly criminal crony capitalist; built on lies and loot. What’s a sexy startup ? You’re the economist not the daily mail 'Editor’s note (January 27th 2026): Since this story was published on January 26th, the share price of Adani Enterprises has fallen by more than 15%.' Your Editors seem to have cracked the time travel problem
Source: TheEconomist - 🏆 6. / 92 Read more »
Adani stocks shed $29bn as group launches share sale\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Source: FT - 🏆 113. / 51 Read more »