Adani maps comeback strategy after $132 billion Hindenburg rout

Almost a month after a bombshell short seller report lopped off $132 billion in market value from Gautam Adani’s empire, the Indian billionaire has hired top-shelf US crisis communication and legal teams, scrapped a $850 million coal plant purchase, reined in expenses, repaid some debt and promises to repay more.

Source: https://businessmirror.com.ph/2023/02/26/adani-maps-comeback-strategy-after-132-billion-hindenburg-rout/