Gautam Adani Seeks to Appease Investors as Flagship Unit’s Earnings Jump

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Seeking to allay investors’ concerns, Indian billionaire Gautam Adani described the current market volatility as temporary after a weekslong share-price rout

Shares of companies linked to Indian billionaire Gautam Adani plunged after short seller Hindenburg Research published a scathing report accusing his company of wide-ranging fraud.

WSJ’s Ben Foldy explains what to know. Illustration: Ryan TrefesIndian billionaire Gautam Adani sought to calm investors’ nerves on Tuesday, telling them that the current market volatility was temporary after

 

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dhume Since you are above any criticism, I would like to point out your article about Modi and Adani. You said Modi killed 1000 Muslims. Please have some shame. What kind of journalism is this? Clearly, you have forsaken the truth and just have an agenda!

It looks like corruption oozes out of the pores of his oily skin.

Still nose bleedingly high PE ratio. Still so far to fall to bring in line with other industrial firms valuations. The sad thing is that it's the shareholders of all the western institutions that are going to pay for their lack of due diligence in investing in the group.

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