Indian tycoon Gautam Adani has abandoned a $2.5 billion fundraising effort in his latest setback following a short seller attack on his business empire

Tech Insider
Chairman Of Adani Group Gautam Adani poses for a profile shoot during an interview on Jlu on July 19, 2010 in Ahmedabad, India.
Share prices of companies under Indian billionaire Gautam Adani's empire are under pressure following a short seller attack.

Ramesh Dave/Mint/Getty Images

China's shrinking population is a grim omen for the rest of the world

Tech Insider : Economy, Politics
Flag map of China shrinking on blue grainy background
China will lose half its population by the end of the century. The population decline is a warning for the US and Europe.

Alyssa Powell/Insider

The country's shrinking population is a grim omen for the rest of the world

Adani pulls through with $2.5 billion share sale amid a stock-market storm sparked by Hindenburg's fraud allegations

Tech Insider
Gautam Adani talking while seated.
Gautam Adani.

Amit Dave/Reuters

It's been a very bad month for Indian billionaires — four of the richest Indians have collectively lost about $45 billion in 2023

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Gautam Adani
Gautam Adani has lost about $36 billion in net worth this year following a massive selloff in his publicly traded companies.

Photo credit should read SAM PANTHAKY/AFP via Getty Images

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

Tech Insider
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

Tech Insider
Gautam Adani talking while seated.
Gautam Adani.

Amit Dave/Reuters

Russia faces new sanctions on its energy exports - but this time China and India may not come to Putin's rescue

Tech Insider
Russian President Vladimir Putin (L) and Chinese President Xi Jinping pose for a photograph during their meeting in Beijing, on February 4, 2022.
Russian President Vladimir Putin and Chinese President Xi Jinping.

Photo by ALEXEI DRUZHININ/Sputnik/AFP via Getty Images

Russia is selling record amounts of crude oil to India to plug the gap in its energy exports after the EU ban

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putin
Russian President Vladimir Putin.

REUTERS/Shamil Zhumatov

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

Tech Insider
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

Tech Insider
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

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