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The market wipeout hits a whopping $100 billion, as Adani fails to calm investors
Adani Group has accused Hindenburg Capital, a US investment firm of publishing its report on the group, of attempting to conflate its rise and wealth with success of India. Hindenburg said Adani has draped itself in Indian flag while “systematically looting the nation”. “We believe India’s future is being held back by the Adani Group,”…