Current:Home > StocksWhat does the Adani Group's crash mean for India's economy? -ProsperityStream Academy
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-17 20:44:52
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! (554)
Related
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Former North Carolina labor commissioner becomes hospital group’s CEO
- Elon Musk responds after Chloe Fineman alleges he made her 'burst into tears' on 'SNL'
- Eminem, Alanis Morissette, Sheryl Crow, N.W.A. and Janet Jackson get Songwriters Hall of Fame nods
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Bowl projections: SEC teams joins College Football Playoff field
- Teachers in 3 Massachusetts communities continue strike over pay, paid parental leave
- The boy was found in a ditch in Wisconsin in 1959. He was identified 65 years later.
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Wildfire map: Thousands of acres burn near New Jersey-New York border; 1 firefighter dead
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Benny Blanco Reveals Selena Gomez's Rented Out Botanical Garden for Lavish Date Night
- Maryland man wanted after 'extensive collection' of 3D-printed ghost guns found at his home
- Jack Del Rio leaving Wisconsin’s staff after arrest on charge of operating vehicle while intoxicated
- Bodycam footage shows high
- Taylor Swift Becomes Auntie Tay In Sweet Photo With Fellow Chiefs WAG Chariah Gordon's Daughter
- The White Stripes drop lawsuit against Donald Trump over 'Seven Nation Army' use
- This is Your Sign To Share this Luxury Gift Guide With Your Partner *Hint* *Hint
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
All Social Security retirees should do this by Nov. 20
Bowl projections: SEC teams joins College Football Playoff field
Brian Austin Green’s Fiancée Sharna Burgess Celebrates Megan Fox’s Pregnancy News
Why members of two of EPA's influential science advisory committees were let go
Volkswagen, Mazda, Honda, BMW, Porsche among 304k vehicles recalled: Check car recalls here
Gerry Faust, the former head football coach at Notre Dame, has died at 89
Video shows masked man’s apparent attempt to kidnap child in NYC; suspect arrested