By now, you might have heard about the tanking shares of the Adani firms. And how Gautam Adani, who was recently the second richest man in the world, has now dropped to the 15th position in the Forbes’ list of the world’s wealthiest. All over a week.
It began with a list of allegations by Hindenburg Research – a US-based short selling activist firm – on January 24, and a lot of subsequent back and forth between Adani and the organisation.
