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Adani shares nosedive as Indian tycoon drops down rich list

MUMBAI Shares in Gautam Adani's empire nosedived again on Wednesday as the Indian tycoon dropped off the Forbes top 10 rich list following allegations of massive accounting fraud.The five-day rout has now wiped out around $92 billion of the value of the conglomerate's listed units, Bloomberg News said, while Adani's fortune has collapsed by more than $40 billion.The share ....

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