GAUTAM ADANI

10 SETBACKS FACED BY ADANI SINCE HINDENBURG ROW

Published By Livemint | 02 Feb, 2023

On Jan 24, US-based Hindenburg research alleged Adani group of stock manipulation & accounting fraud

Hindenburg report has wiped out more than $100 billion market value in Adani's firms as of Thursday

Index provider MSCI said on Saturday it is seeking feedback on Adani Group and associated securities

 The conglomerate issued a 413-page rebuttal of all of Hindenburg's claims on Sunday

Adani has lost the richest Asian and Indian man position to rival Mukesh Ambani

Credit Suisse Group AG stopped accepting bonds of Adani’s group as collateral for margin loans to its private banking clients

Citigroup Inc.’s wealth arm has stopped accepting securities of Adani’s group of firms as collateral for margin loans

Adani Enterprises FPO was canceled even as it was was fully subscribed

Reserve Bank of India (RBI) has asked lenders for details of their exposure to the Adani group

Bonds of the Indian billionaire’s flagship firm plunged to distressed levels in US trading