News Formal

Share sale fails to halt Adani market slide in India

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

MUMBAI: A successful public offer failed to stop investors dumping shares in Indian tycoon Gautam Adani's business empire for a fifth day on Wednesday (Feb 1) after allegations of massive accounting fraud from a short-seller investment group. The rout has now wiped out nearly a third - or US$76 billion - o

MUMBAI: A successful public offer failed to stop investors dumping shares in Indian tycoon Gautam Adani's business empire for a fifth day on Wednesday after allegations of massive accounting fraud from a short-seller investment group.

Leading the decline on Wednesday was Adani Total Gas - in which French giant TotalEnergies owns 37.4 per cent - with trading suspended again after another 10 per cent drop. This helped make him, as of last week, the world's third-richest man behind Elon Musk and Bernard Arnault and family, but by Wednesday he had tumbled to ninth place.

This"brazen stock manipulation and accounting fraud scheme" is"the largest con in corporate history", Hindenburg said in its explosive report issued last week.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Who is India's Adani and why is his company tanking?MUMBAI: The business empire of Gautam Adani has shed tens of billions of dollars in value on the back of a report alleging accounting fraud that the Indian tycoon's firm has strenuously rejected. Who is Gautam Adani? Adani, 60, is a publicity-shy school dropout of humble origins wh
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »