3rdPartyFeeds News

: Stock in companies run by world’s third-wealthiest billionaire slump after short-seller report

Short seller targets world’s third richest man Gautam Adani in a scathing report late on Tuesday. Stock in the billionaire businessman’s company Adani Enterprises fell 2% as a result. Read More...

U.S. short seller Hindenburg Research has accused Indian conglomerate Adani Group of “brazen stock manipulation and accounting fraud” in a scathing report that pressured shares of affiliated companies.

Adani Group is chaired by billionaire tycoon Gautam Adani, who is currently the world’s third richest man and is worth almost $119 billion, according to Bloomberg.


Read More

Add Comment

Click here to post a comment