The Latest Breaking News from Gautam Adani

Both Lok Sabha and Rajya Sabha have been adjourned till 11 am 6 February amid a ruckus over the Adani row. Read further on Dynamite News:

Losses for the troubled Adani Group, India’s second-largest conglomerate, have deepened as shares in its flagship company tumbled another 25%

"I have consistently received assurances from Elara Capital that it is compliant with its legal obligations and in good standing with regulatory bodies."

Indian businessman Gautam Adani was a few billion dollars shy of Elon Musk. But he tumbled down the billionaires' list after a U.S. firm accused the Adani Group of pulling off an epic con.

India's Gautam Adani was Asia's richest man when the U.S. short-selling firm Hindenburg Research put out a report last week alleging his businesses have engaged in fraud and stock price manipulation

Opposition MPs call for parliamentary investigation after US-based short seller accuses Adani Group of fraud.

The Adani Group conglomerate has seen tens of billions of euros wiped off its market value since a short-seller's report accused it of pulling "the largest con in corporate history" last week. It has now cancelled a €2.2 billion ($2.5 billion) share sale meant to help reduce debt levels. Billionaire…

MUMBAI: The business empire of under-fire Indian tycoon Gautam Adani has lost more than $100 billion in value over the past week as shares in several firms plunged again on Thursday, a day after the group cancelled a multi-billion-dollar public offering.

As Gautam Adani drops down the world’s rich list, here’s what we know about Hindenburg Research’s accusations and what they mean for the Indian conglomerate