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Podcast: The Journal.
Episode:

The Short Seller Costing the Adani Group Billions

Category: News & Politics
Duration: 00:17:57
Publish Date: 2023-02-06 21:20:00
Description:

Gautam Adani is ubiquitous in India. His energy and infrastructure conglomerate, the Adani Group, touches the lives of millions of Indians on a daily basis. But last month, Hindenburg Research, a U.S. short seller, alleged that the company was engaged in wide-ranging fraud. WSJ’s Shan Li explains a fallout that has cost Adani billions.


Further Reading:

- How Gautam Adani Made (and Could Lose) a $147 Billion Fortune 

- Adani Plans $1.1 Billion Loan Repayment After Share Collateral Plummets 


Further Listening:

- The Firm Tanking Some of Wall Street's Hottest Stocks 


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