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Indian Energy Investor Recoups $20 Billion After Short Seller Attack ...Middle East
The business world is a real rollercoaster where fortunes can be made or lost in an instant. But few events in the investing universe can be as devastating as being in the cross-hairs of a short-seller, as Indian billionaire Gautam Adani recently found out. Back in January, short-seller Hindenburg Research published a damning report alleging that Indian conglomerate Adani Group was involved in “brazen stock manipulation” and “an accounting fraud scheme over the course of decades”. According to Hindenburg, Gautam…
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