Indian regulator looking into $86 billion Adani share wipeout
By Jayshree P Upadhyay and Chris Thomas BENGALURU (Reuters) – India’s market regulator is examining a rout in the shares of billionaire Gautam Adani’s companies, a source with direct knowledge told Reuters, as the losses triggered by a scathing U.S. short-seller report ballooned on Wednesday to $86 billion. The Securities and Exchange Board of India …
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