Adani retains astronomical valuation even after stock market rout

Adani retains astronomical valuation even after stock market rout

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TOKYO -- In recent weeks, the financial world has been transfixed by the stock-market collapse of India's Adani Group. Following a scathing report by U.S. short seller Hindenburg Research, companies in Gautam Adani's conglomerate have lost around half their value -- more than $110 billion. But…

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