Adani Group's market loss swells to $65b in short-seller attack aftermath

Adani Group's market loss swells to $65b in short-seller attack aftermath

FILE PHOTO: The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave

Most Adani group shares extended their sharp falls to Monday as a detailed rebuttal of a U.S. short-seller’s criticisms by the Indian conglomerate failed to pacify investors whose market losses have now risen to $65 billion over three days.

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