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Adani maps comeback strategy after $132 billion Hindenburg rout | Chris Kay & Preeti Singh / Bloomberg News

Almost a month after a bombshell short seller report lopped off $132 billion in market value from Gautam Adani’s empire, the Indian billionaire has hired top-shelf US crisis communication and legal teams, scrapped a $850 million coal plant purchase, reined in expenses, repaid some debt and promises to repay more.…

India generalNew yorkUnited statesHong kongRosen katzGeorge sorosTasos vossosBhaskar chakravortiGautam adaniFinbarr flynnKranthi bathiniNarendra modiAshutosh joshi bloombergGiulia morpurgoArchana narayananIshika mookerjee

Adani maps comeback strategy after $132 billion Hindenburg rout

Almost a month after Hindenburg Research report lopped off $132 billion in market value from Gautam Adani’s empire, the Indian billionaire has hired top-shelf US crisis communication and legal teams, scrapped a $850 million coal plant purchase, reined in expenses, repaid some debt and promises to repay more

Hong kongNew yorkUnited statesRosen katzKranthi bathiniGeorge sorosNarendra modiBhaskar chakravortiTrinh nguyenAdani enterprises ltdWework incAdani green energyAmbuja cements ltdAdani groupTufts university fletcher schoolAdani power ltd

Adani maps comeback strategy after $132 billion Hindenburg Rout

Group trying to seize back narrative; investors watching debt

New yorkUnited statesHong kongRosen katzGeorge sorosBhaskar chakravortiGautam adaniKranthi bathiniSanjiv chadhaNarendra modiTrinh nguyenAdani enterprises ltdAdani total gas ltdIndia energy weekWework incAdani green energy

Adani maps comeback strategy after $135bn Hindenburg rout

The Adani Group has also engaged American law firm Wachtell, Lipton, Rosen & Katz to fight back against the short seller’s claims.

Hong kongNew yorkUnited statesGautam adaniRosen katzKranthi bathiniGeorge sorosNarendra modiBhaskar chakravortiTrinh nguyenAdani enterprises ltdHindenburg research onAdani total gas ltdAdani enterprisesWework incAdani green energy

Adani maps comeback strategy after Rs 10 91 lakh crore Hindenburg rout

Reflecting the group’s realization of the severity of the hit to its image, it has brought in Kekst CNC as a global communications advisor

Hong kongNew yorkUnited statesGautam adaniRosen katzKranthi bathiniGeorge sorosNarendra modiBhaskar chakravortiTrinh nguyenAdani enterprises ltdWework incAdani green energyAmbuja cements ltdAdani groupTufts university fletcher school

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