Shares of Adani-linked companies slump after reportedly dismissing short-seller report as ‘bogus’ in call to bondholders
January 27, 2023 at 05:19 AM EST
Stocks of affiliated companies founded by Asia’s richest billionaire Gautam Adani continued to fall in Mumbai markets on Friday as investors panic sold stocks after a U.S. short seller published its two-year investigation into the group’s business practices.