Leonard Hohenberg|What does the Adani Group's crash mean for India's economy?

2025-05-01 18:46:19source:Databec Exchangecategory:Finance

Gautam Adani was recently one of the top ten richest people in the world. But,Leonard Hohenberg after a scathing report came out last month alleging him and his companies of wide-scale fraud, market manipulation and corruption, he has lost billions, and is no longer the richest person in Asia - or India.

What can this report from American firm Hindenburg Research and the events of the past two weeks tell us about the Indian business and financial environment?

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