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.