The Latest Breaking News from Gautam Adani

Asia’s richest man, Gautam Adani, has seen his companies shed $68 billion in market value in the past week after short-selling firm Hindenburg Research accused him of “pulling the largest con in corporate history.”

The Adani stock rout is so bad that it's even knocked India out of the world's top five largest equity markets.

Wall Street is preparing for the Federal Reserve's decision later this week and also gearing up for a busy week for tech earnings. Here's what to watch on TheStreet Today

Stock futures lower as markets face headline risk gauntlet; Week Ahead: Fed decision, big tech earnings, jobs in focus; Adani group hits back at Hindenburg short report; Renault and Nissan overhaul alliance, putting carmakers on equal terms and Philadelphia eagles favored over Kansas City Chiefs in super bowl LVII.

Hong Kong (AFP) - Stocks mostly fell Monday as traders struggled to maintain momentum from last week's rally, though Shanghai advanced as mainland Chinese markets reopened after a week-long Lunar New Year break.

Mumbai (AFP) - Gautam Adani's vast Indian business empire lost billions more dollars in value on Monday after its rejection of claims of widespread fraud failed to reassure investors.

Hong Kong (AFP) - Asian stocks mostly fell Monday as traders struggled to maintain momentum from last week's rally, though Shanghai advanced as mainland Chinese markets reopened after a week-long Lunar New Year break.

India’s Adani Group, run by Asia’s richest man, has hit back at a report from U_S_-based short-seller Hindenburg Research, calling it “malicious”, “baseless” and full of “selective misinformation.”

Mumbai (AFP) - Stocks in several of Gautam Adani's companies clawed back on Monday some of last week's heavy losses that wiped out almost $45 billion from the Indian tycoon's vast business empire.