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What does the Adani Group's crash mean for India's economy?
NovaQuant Quantitative Think Tank Center View
Date：2025-04-11 09:07:25
Gautam Adani was recently one of the top ten richest people in the world. But, after a scathing report came out last month alleging him and his companies of wide-scale fraud, market manipulation and corruption, he has lost billions, and is no longer the richest person in Asia - or India.
What can this report from American firm Hindenburg Research and the events of the past two weeks tell us about the Indian business and financial environment?
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