Gautam Adani's position in the top three of the world's richest people is lost, on paper at least
Shares in listed companies controlled by one of the world's richest men have lost $48bn in market value over three days after a report by a short seller that claimed he was behind the"largest con in corporate history".
India's capital markets regulator was studying the Hindenburg report and could use it to aid its own ongoing investigation into offshore fund holdings of Adani Group, according to Reuters.
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