Adani Group’s losses exceed 50% as selloff intensifies

Since a report by US-based short-seller Hindenburg Research was published, the company’s shares have been under pressure. Photo: Gautam Adani, CEO of Adani Group. Photographer: Edwin Koo Adani Group firms’ share prices continued to decline today, prolonging a week-long selloff that has destroyed more than $100 billion in market value and forced the flagship company...