Conflict with short-sellers intensifies, Adani’s financial loss increases to $66 billion

The majority of Adani Group shares continued to decline sharply on Monday as investors remained unconvinced by the conglomerate’s response to criticism from American short-sellers, pushing the companies’ combined stock market losses to $66 billion over the previous three days.Flagship Adani Enterprises (ADEL.NS), which will be put to the test this week with a carry-on […]