Indian billionaire Gautam Adani's flagship firm plans to raise up to 10 billion rupees ($116.77 million) through a retail ...

Activist short-seller Hindenburg Research wiped out $153 billion in market value from Adani Group. It recently disclosed that it made just $4 million for its efforts.

An 18-month battle between Hindenburg Research and India's Adani Group has taken a fresh turn with the U.S. based short-seller alleging over the weekend that the chief of the country's market ...

On Jan. 24, Hindenburg Research released a more than 100-page report, alleging that the Adani conglomerate has "engaged in a brazen stock manipulation and accounting fraud scheme over the course ...

Gautam Adani, Asia's richest person, derives most of his wealth from stakes in the listed companies – so his net worth has plunged considerably since Hindenburg's report was published. Adani ...

Hindenburg said Adani Group shares are massively overvalued, and it has taken a short position (more on that in a minute) on them, meaning Hindenburg wins when Adani shares fall. Gautam Adani in 2015.

Shares of Adani Enterprises, Adani’s flagship firm, have plummeted almost 55% since Hindenburg’s report was published on January 24. The company is now struggling to raise new funding as a result.

The fundraising effort, which Adani Enterprises first announced in November, was thrown into chaos on January 24 when Hindenburg Research published its 100-page report, which alleges a years-long ...

But as Hindenburg responded to the response, founder Gautam Adani had already lost $27.9 billion in personal net worth, and his group of companies shed $48B last week amid a selloff following the ...

Why Hindenburg may have saved Adani from self-ruin. Swaminathan S Anklesaria Aiyar. In 2006, I researched and wrote a paper for the Cato Institute on Gujarat’s new strategy of port-based development.

Hindenburg said Adani Group shares are massively overvalued, and it has taken a short position (more on that in a minute) on them, meaning Hindenburg wins when Adani shares fall. Gautam Adani in 2015.

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN — Asia’s richest man is in the ...