Adani cut its UK audit bill in half by dumping a Big 4 firm for a much smaller rival, filings show as scrutiny of its safeguards deepens

• Short-seller Hindenburg has attacked Adani's use of small auditors in a report alleging fraud.
• The Indian conglomerate dropped Deloitte for the 12th largest auditor in the UK, per Accountancy Age.
• Adani stocks have lost about $118 billion in value amid a weekslong rout after the short-seller's bombshell attack.

Adani Group cut its audit bill in the UK nearly in half by dropping Big 4 accounting group Deloitte for the country's 12th largest firm.