Adani vs Hindenburg: How Indian Billionaire Gautam Adani Lost Half His Fortune - Video

In January this year, the Wall Street short-selling firm Hindenburg Research released a 100-page report on Adani’s companies, accusing their founder of stock manipulation and accounting fraud scheme. By Friday of the same week, Adani corporations had lost $51 billion in market capitalization, with some of their share values plummeting 20 percent; Indian stock exchanges halted trading of many Adani properties to stanch the damage. So how did such a small research firm brought down the richest man in India?

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