Adani’s short story

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Adani’s short story
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Our podcast on markets, the economy and business. This week, how an obscure US short seller rattled one of India’s corporate titans

was the third richest person in the world. But he was caught short when Hindenburg Research, a small American short-seller, issued a report that spooked investors, wiping $100bn from the value of Adani firms.levelled at Adani’s firms, which the company has forcefully denied.’s Mumbai bureau chief, Tom Easton, talks them through Hindenburg’s report and Adani’s response. Analyst Mahesh Vyas considers the impact on Adani’s ability to borrow to fund infrastructure projects.

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