Featured interview: ADP Chief Economist Nela Richardson
First Move with Julia Chatterley
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Adani Group Shares Have Falled as Much as 35%
Shares of his flagship firm, Adani Enterprises, fell as much as 35% before closing down 2%. This after the credit ratings agency, Fitch, said that the Hindenburg report would have no immediate impact on the ratings of Adani entities. So far, the sell-off has wiped off about $100 billion off of the value of Mr Dani's empire. His personal net worth has now fallen to about $60 billion, from about $100billion just last week.
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