Adani, who was the world's second-richest man at the start of the year, saw almost USD 60 billion of his personal wealth erased after Hindenburg Research in a January 24 report accused his group of market manipulation and accounting fraud
The shares of the company rose over four per cent on the bourses on Tuesday as fund infusion by promoters is seen as a sign of their confidence in the company
The Supreme Court on Friday (01.12.2023) extended the interim protection granted to four journalists from coercive action by the Gujarat Police in relation to articles published against the Adani.
Adani announced grand expansion targets for his ports, energy and infrastructure businesses during his annual shareholder address in July, , adani group, Adani-Hindenburg Row
Investors flocked to the counters of all the 10 listed companies, with shares ending with sharp gains even as the equity market depicted huge volatility during the day