Featured interview: Morgan Stanley Sr. Portfolio Mgr. Andrew Slimmon
First Move with Julia Chatterley
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Hindenburg Research, a Short Selling Firm, Is Suing More Shares in a Bid to Raise More Money.
Gautamadani is worth around $120 billion, making him number four in the world. Hindenburg Research claims Adani's sprawling conglomerate of stock manipulation and accounting fraud over the course of decades. The group also questions the valuations of Adani's firms,. adding their substantial debt puts the entire group on quote, a precarious financial footing.
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