Adani in Crisis: Allegations and Alliances

This chapter examines the significant decline of Adani Enterprises' shares following a controversial report by Hindenburg Research, which alleges massive corporate fraud. It highlights the company's attempts to navigate market turmoil and the unexpected support from Indian businessmen amidst the crisis. The narrative underscores the growing scrutiny faced by Indian companies in a changing economic landscape, raising questions about financial stability and corporate alliances.