Embattled Indian Business Empire Raises $2.5 Billion in Tricky Share Offering

The Hindenburg report was aimed squarely at the valuations of Adani Group’s companies, which had reached jaw-dropping heights. At the start of this year, the share price for Adani Enterprises had risen 3,000 percent over five years. Hindenburg is what’s known as a short seller, which makes money…

#hindenburg #adanigroups #adanienterprises #adanigroup