Partha Chakraborty says: The headline on Hindenburg Research’s site screams murder, almost, in white against a black background. Published on January 24, it reads “Adani Group: How the World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History”. The impact was swift and severe. Per FactSet, a data and research outfit, the combined market cap of seven publicly listed companies in Adani portfolio halved to $110 billion.
