The ports-to-power conglomerate has lost more than $135 billion in market capitalization since January 24 when Hindenburg Research published a report alleging accounting fraud and stock manipulation — allegations that Adani Group has denied. Gautam Adani and his companies have hired legal & communication teams, cut expenses and repaid debt as they sought to calm traders spooked by concerns over the group’s access to financing.
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News