Adani Companies Lose $65 Billion in Value Amid US Short-Seller Conflict

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  • Adani companies, led by Asia’s richest man Gautam Adani, have lost $65 billion in value as a result of a conflict with US short-seller Hindenburg Research.
  • Last week, Hindenburg Research released a report raising concerns about Adani’s debt levels and the use of tax havens.
  • Adani companies responded to the report on Sunday.