Ever since US short-seller Hindenburg Research released a scathing report against Adani Group, the conglomerate has been battling a bevy of setbacks
Norway's $1.35-trillion sovereign wealth fund said it has in recent weeks divested virtually all its remaining shares in companies belonging to the embattled Adani Group
Asia Index Pvt Ltd said Adani Wilmar Ltd will be dropped from the S&P BSE IPO index
Sustainalytics downgraded corporate governance-related scores for three of Adani Group companies, including Adani Green Energy and Adani Transmission, on ethics concerns, citing the Hindenburg report
Billionaire George Soros is predicting that Adani Group's woes would loosen PM Modi's grip on power. He said Adani’s troubles would "open the door to push for much-needed institutional reforms"
Adani Power's planned Rs 7,017-crore acquisition of coal-based electricity generating units of DB Power Ltd has fallen as the deadline to complete the transaction expired without signing the pact
Amid the massive fallout from the Hindenburg report, the conglomerate is looking to preserve cash and hence has decided against bidding for a stake in state-backed energy trading firm PTC, said a report
Seven listed companies of Adani have together lost some $125 billion in market value since the Hindenburg report
An article showed how Adani systematically manipulated its Wikipedia entries using sock puppet accounts, undisclosed paid editors and removing the evidence of conflicts of interest, said Hindenburg founder