Less than two weeks ago, Gautam Adani was the fourth-richest person in the world. With a personal fortune estimated at $120 billion, the self-made Indian industrialist was wealthier than either ...

On Jan. 24, Hindenburg Research — a small firm run by short-seller Nathan Anderson — published a 100-page report accusing the Adani Group, a conglomerate founded by Indian businessman Guatam ...

Shares in some of Indian billionaire Gautam Adani’s companies soared Friday after a US private equity firm agreed to invest nearly $1.9 billion in his embattled conglomerate.

Adani, the wealthiest man in Asia, told Forbes in 2010 he hoped to to “be remembered as someone who created unique infrastructure for India and contributed to India’s economic growth story.” ...