Adani pulls back on grand ambitions after Hindenburg bombshell

Hindenburg Research's allegations of corporate fraud at the Adani group have led to a $125bn drop in market value for the Indian conglomerate. Now, group founder Gautam Adani's focus will target preventative measures aimed at building resilience to further market-related incidents, while avoiding funding via high-risk financing methods.

from Times of India https://ift.tt/XRWjLcN
via IFTTT

Comments

Popular posts from this blog

Furore in IIT-Bombay over talks on Hamas, Hinduism

HC: Treat arrest, even without exchange of fire, as encounter