Bill Ackman says banks involved in the Adani Group's $2.5 billion share sale face 'too much liability exposure' and should do more due diligence

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Bill Ackman
Bill Ackman.

Reuters/ Eduardo Munoz

Everything you need to know about Gautam Adani and Hindenburg after the short seller's fraud allegations burnt a $72 billion hole in the richest Asian's empire

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Gautam Adani talking while seated.
Gautam Adani, founder and chair of Adani Group.

Amit Dave/Reuters

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

Gautam Adani is tumbling down the ranking of the world's richest people, and he's already lost $28 billion in the first month of 2023

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Gautam Adani talking while seated.
Gautam Adani.

Amit Dave/Reuters

Adani Group sheds $50 billion in market value as the world's richest Asian weathers accusations of 'stock manipulation'

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Gautam Adani talking while seated.
Gautam Adani.

Amit Dave/Reuters

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

Asia's richest person doubles down on defence against fraud allegations ahead of a massive share sale

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Gautam Adani talking while seated.
Gautam Adani, Asia's richest person, founded the Adani Group conglomerate.

Amit Dave/Reuters

Adani Group says it's exploring 'remedial and punitive' legal action against a short-seller who accused it of market manipulation and fraud

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Chairman Of Adani Group Gautam Adani poses for a profile shoot during an interview on Jlu on July 19, 2010 in Ahmedabad, India.
Indian billionaire Gautam Adani's conglomerate said it's exploring potential legal action against Hindenburg Research over its Tuesday report.

Ramesh Dave/Mint/Getty Images

Gautam Adani — the world's richest Asian — saw his net worth crash by more than $5 billion in a day after a short-seller targeted his business empire

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gautam adani
Gautam Adani is still the world's richest Asian after taking a $5.5 billion hit to his fortune on Wednesday.

Amit Dave/Reuters

The short-seller who exposed fraud at Nikola is now targeting a conglomerate owned by the 4th richest person in the world

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gautam adani

Amit Dave/Reuters

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