Adani debacle threatens fallout on India's wider economy
This week, a major upheaval hit one of India’s top business empires. Adani Group has operations in everything from coal mining to telecoms. Its seven main units were recently worth an estimated $220 billion. But a blistering report by an American investor research firm accusing the conglomerate of massive fraud and market manipulation has sent its stock price plummeting, along with the personal fortune of billionaire founder Gautam Adani. Bryan Quinn, from FRANCE 24's business desk, explains.
UP NEXT
UP NEXT
-
Africa: Where does this video of an angry mob chasing the police come from?
France 24
-
French prosecutors raid banks in tax fraud case
France 24
-
France sees growing divide over irrigation reservoirs
France 24
-
After 'The Queen', Stephen Frears rehabilitates Richard III in 'The Lost King'
France 24
-
US, Japan agree deal on trade in EV battery minerals
France 24
-
France's strike day, Burkina Faso's brutal video, Florida's porn vs art debate
France 24
-
Kenya opposition protests turn violent
France 24
-
These videos do not show police supporting French pension protesters
France 24
-
Defining moment: What next for Israel's democracy?
France 24
-
Music show: France's Fakear and US's Daddy Long Legs talk about music and identity
France 24
-
Faced with climate change, India is leading a resurgence in millet cultivation
France 24
-
Top Russian actor A. Smolyaninov supports Ukraine 'because they are fighting for their freedom'
France 24
-
The benefits of body odor, police brutality in France, and what time is it in Lebanon?
France 24
-
France braces for 10th day of nationwide strikes and protests
France 24
-
Walmart’s in-store AI cameras: false video claims of “monitoring” shoppers
France 24
-
'Hotel Rwanda' hero Rusesabagina to be freed from Rwandan jail
France 24