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Gautam Adani calls off $2.5bn share sale

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One of India's biggest conglomerates has seen $100bn wiped off its value in recent days.
The meltdown in Gautam Adani's business empire started when an American short seller accused the group of fraud.
Once the second richest man in the world, Adani said he called off a $2.5bn share sale because of the fluctuations in stock price.

Al Jazeera's Pavni Mittal has more from New Delhi, India.


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#GautamAdani #Adani #AdaniGroup #AdaniCrisis #AdaniEnterprises #Adaniscam #HindenburgReport
Category
World
Tags
Adani, Adani Group, Adani enterprise
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