Adani Shares lost 100b$ , Credit Suisse and Citigroup waves red flag

Gautam Adani’s beleaguered empire is spiraling into crisis, as the fallout from a short-seller’s fraud allegations leads to a worsening meltdown in the indebted conglomerate’s securities. Bonds of the Indian billionaire’s flagship firm plunged to distressed levels in US trading, and the company abruptly pulled a record domestic stock offering after the Adani group suffered … Continue reading Adani Shares lost 100b$ , Credit Suisse and Citigroup waves red flag