Adani market cap plunge deepens to nearly $72 billion even after the conglomerate issued a 413-page rebuttal to short-seller Hindenburg

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Gautam Adani
Gautam Adani.

Photo credit should read SAM PANTHAKY/AFP via Getty Images

Bill Ackman says he finds short-seller's Adani Group report 'highly credible' – and notes similarities to 'pyramid scheme' Herbalife

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Bill Ackman
Bill Ackman has expressed his support for Hindenburg Research's report into Adani Group.

Bryan Bedder/Getty Images/The New York Times

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