Amit Dave/Reuters
- Adani Group – owned by Asia's richest man – has lost over $50 billion in market value in less than two days, per Bloomberg.
- The plunge follows a Hindenburg Research report this week accusing the Indian conglomerate of market manipulation.
- Shares in Adani Enterprises tumbled more than 19% Friday as the rout intensifies.
India's Adani Group has seen more than $50 billion in market value evaporate in less than two days as the world's richest Asian weathers accusations of market manipulation, according to Bloomberg.