Current:Home > StocksWhat does the Adani Group's crash mean for India's economy? -LegacyBuild Academy
What does the Adani Group's crash mean for India's economy?
View
Date:2025-04-19 03:25:26
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! (377)
Related
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Why Samuel L. Jackson’s Reaction to Brandon Uranowitz’s Tony Win Has the Internet Talking
- Jessie J Reveals Name of Her and Boyfriend Chanan Safir Colman's One-Month-Old Son
- UN Climate Talks Slowed by Covid Woes and Technical Squabbles
- See you latte: Starbucks plans to cut 30% of its menu
- As Congress Launches Month of Climate Hearings, GOP Bashes Green New Deal
- Sun unleashes powerful solar flare strong enough to cause radio blackouts on Earth
- Tony Awards 2023: The Complete List of Winners
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- From Pose to Queer as Folk, Here Are Best LGBTQ+ Shows of All Time
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Jill Duggar Will Detail Secrets, Manipulation Behind Family's Reality Show In New Memoir
- 2 firefighters die battling major blaze in ship docked at East Coast's biggest cargo port
- 2020 Ties 2016 as Earth’s Hottest Year on Record, Even Without El Niño to Supercharge It
- Trump wants to turn the clock on daylight saving time
- Warming Trends: Big Cat Against Big Cat, Michael Mann’s New Book and Trump Greenlights Killing Birds
- Sister Wives' Gwendlyn Brown Calls Women Thirsting Over Her Dad Kody Brown a Serious Problem
- Warming Trends: GM’S EVs Hit the Super Bowl, How Not to Waste Food and a Prize for Climate Solutions
Recommendation
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
Solar Is Saving Low-Income Households Money in Colorado. It Could Be a National Model.
Blur Pores and Get Makeup That Lasts All Day With a 2-For-1 Deal on Benefit Porefessional Primer
Jellyfish-like creatures called Blue Buttons that spit out waste through their mouths are washing up on Texas beaches
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Persistent poverty exists across much of the U.S.: The ultimate left-behind places
For a City Staring Down the Barrel of a Climate-Driven Flood, A New Study Could be the Smoking Gun
Meta launches Threads early as it looks to take on Twitter