India’s homegrown tycoon, billionaire Gautam Adani, went from an Asian business success story to an embattled corporate titan almost overnight, shaken by a bombshell research report that thrust his sprawling conglomerate, Adani Group, into full damage-control mode. The stunner from New York-based short seller Hindenburg Research accused Adani Group of playing fast and loose with its accounting, engaging in stock manipulation, and slack corporate governance. Panicked shareholders scrambled for the exits, wiping out more than $130 billion in Adani Group’s market value. Adani shot back with strongly worded denials, but the dust has yet to settle. Does it have enough cash to get it through the crisis? Can it restore investors’ confidence? Join hosts John Lee, Tom Corbett and Bloomberg Intelligence analysts Sharon Chen, Kumar Gautam and Nitin Chanduka as they discuss what’s next for Adani, India and emerging markets.

<p>India’s homegrown tycoon, billionaire Gautam Adani, went from an Asian business success story to an embattled corporate titan almost overnight, shaken by a bombshell research report that thrust his sprawling conglomerate, Adani Group, into full damage-control mode. The stunner from New York-based short seller Hindenburg Research accused Adani Group of playing fast and loose with its accounting, engaging in stock manipulation, and slack corporate governance. Panicked shareholders scrambled for the exits, wiping out more than $130 billion in Adani Group’s market value. Adani shot back with strongly worded denials, but the dust has yet to settle. Does it have enough cash to get it through the crisis? Can it restore investors’ confidence? Join hosts John Lee, Tom Corbett and Bloomberg Intelligence analysts Sharon Chen, Kumar Gautam and Nitin Chanduka as they discuss what’s next for Adani, India and emerging markets.</p>

Some of the world's largest and fastest-growing markets, economies and companies are in Asia. Every Thursday, John Lee from Bloomberg Intelligence and Katia Dmitrieva from Bloomberg News speak with experts and newsmakers about the big ideas and trends moving money across the region.

<p>Some of the world's largest and fastest-growing markets, economies and companies are in Asia. Every Thursday, John Lee from Bloomberg Intelligence and Katia Dmitrieva from Bloomberg News speak with experts and newsmakers about the big ideas and trends moving money across the region.</p>

Asia Centric by Bloomberg Intelligence

Adani Group's Hindenburg Moment

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a87c2589-aff2-407d-bb1a-afc10015c0fc/transcript

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