Fraud claims wipe $48B off India’s Adani Group stocks
Shares of Gautam Adani's business empire sink nearly 20 percent as scathing report by Hindenburg Research ignites rout in conglomerate's listed firms, casting doubts on how investors will respond to company's record $2.45 billion secondary sale.
Gautam Adani — who now has an estimated fortune of $96.6 billion —…