Adani Firms Extend Rally to Recoup Losses Sparked by Hindenburg
Shares of billionaire Gautam Adani’s group companies have erased all losses triggered by a scathing short-seller report in 2023, as the conglomerate overcomes regulatory challenges. The group’s nine listed firms have recovered about $150 billion in market value wiped out after US-based Hindenburg Research accused the ports-to- power conglomerate of widespread corporate misconduct. All nine […]
