Current：Home > MarketsWhat does the Adani Group's crash mean for India's economy? -Elevate Profit Vision
What does the Adani Group's crash mean for India's economy?
View
Date：2025-04-27 12:31:18
Gautam Adani was recently one of the top ten richest people in the world. But, after a scathing report came out last month alleging him and his companies of wide-scale fraud, market manipulation and corruption, he has lost billions, and is no longer the richest person in Asia - or India.
What can this report from American firm Hindenburg Research and the events of the past two weeks tell us about the Indian business and financial environment?
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood！ (4887)
Related
- A South Texas lawmaker’s 15
- 2 workers conducting polls for Mexico’s ruling party killed, 1 kidnapped in southern Mexico
- Missing 9-Year-Old Girl Charlotte Sena Found After Suspected Campground Abduction
- Making cities 'spongy' could help fight flooding — by steering the water underground
- Louvre will undergo expansion and restoration project, Macron says
- Student loan repayments: These charts explain how much student debt Americans owe
- Fantasy football stock watch: Texans, Cardinals offenses have been surprisingly effective
- Enchanted Fairies promises magical photoshoots. But some families say it's far from dreamy
- Skins Game to make return to Thanksgiving week with a modern look
- Did House Speaker Kevin McCarthy make a secret deal with Biden on Ukraine?
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Part of Ohio’s GOP-backed K-12 education overhaul will take effect despite court order
- Amazon and contractors sued over nooses found at Connecticut construction site
- Jodie Turner-Smith files for divorce from husband Joshua Jackson, asks for joint custody
- In ‘Nickel Boys,’ striving for a new way to see
- Current Twins seek to end Minnesota's years-long playoff misery: 'Just win one'
- Suspect in kidnapping of 9-year-old Charlotte Sena in upstate New York identified
- No, frequent hair trims won't make your hair grow faster. But here's what does.
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Northern California seashore searched for missing swimmer after unconfirmed report of a shark attack
Stock market today: Asian markets sink, with Hong Kong down almost 3% on selling of property stocks
Who is Laphonza Butler, California Gov. Gavin Newsom's choice to replace Feinstein in the Senate?
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
'Eve' author says medicine often ignores female bodies. 'We've been guinea pigs'
In 'Our Strangers,' life's less exciting aspects are deemed fascinating
All 10 drugs targeted for Medicare price negotiations will participate, the White House says