Gautam Adani has been among the top 4 richest men in the world for quite some time now. The following a list of some of the major companies that come under the Adani Group.
Companies, businesses, related-party transactions involve unethical practices, poor management. Its primary method for investing is called short-selling.
Not a healthy financial practice as it means that companies are unlikely to have enough assets to pay off their liabilities in the short term.
"a malicious combination of selective misinformation and stale baseless and slanderous allegations that have been tested and debunked by India's highest courts".
The market capitalization of the seven listed companies of the Adani group lost over $10.73 billion on January 25, i.e. after the release of the Hindenburg report.
Any new information on fundamentals and price action should be independently analyzed and an unbiased decision taken considering returns and timeline.