Adani shares slide after hidden investor revelations
New Delhi | London | Shares in Indian industrial conglomerate Adani slid and opposition politicians demanded action after media outlets reported new revelations about family-linked shareholders in the company’s stock.
The reports shone a spotlight on Indian institutions and the relationship between the conglomerate’s founder, Gautam Adani, and Prime Minister Narendra Modi, in a febrile atmosphere ahead of elections early next year.
Financial Times
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