Shares of Adani Group’s listed firms were hit by a sell-off Tuesday after Indian media reports raised questions about the conglomerate’s debt repayment claims, resuming a fall in the group’s stock prices that began in January following short seller Hindenburg
Group scathing report accusing the group of fraud and stock manipulation.... [+]Shares of the conglomerate’s flagship firm Adani Enterprises were down around 7% in late afternoon trading local time, while shares of the group’s other listed firms slumped around 5%.
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Elon Musk values Twitter '$20 billion' after $44 billion acquisition in 2022Elon Musk, the CEO of Twitter, has reportedly issued stock grants to the company's staff at a valuation of close to $20 billion, according to multiple media reports on Saturday.
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