{"id":551363,"date":"2023-01-31T10:50:05","date_gmt":"2023-01-31T05:20:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=551363"},"modified":"2023-01-31T12:41:59","modified_gmt":"2023-01-31T07:11:59","slug":"adani-hindenburg-war-intensifies-adani-gets-backing-as-uae-royals-invest-400-million","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-hindenburg-war-intensifies-adani-gets-backing-as-uae-royals-invest-400-million\/","title":{"rendered":"Adani-Hindenburg war intensifies; Adani gets backing as UAE royals invest $400 million"},"content":{"rendered":"<p>Billionaire Gautam Adani&#8217;s embattled group clutched on to a $400-million investment by Abu Dhabi&#8217;s International Holding Co. in its flagship firm&#8217;s share sale to restore confidence in the conglomerate that saw nearly $70-billion rout in value after a tiny New York short seller came out with a damning report. <\/p>\n<p>Adani, 60, who was third richest man in the world till a day before Hindenburg Research came out with its report on January 24 that flagged concerns about its debt levels and alleged stock manipulation, accounting fraud and the use of tax havens, has slipped to 8th position, narrowing the gap with rival Mukesh Ambani, whom he overtook in April last year, to just $4 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Gautam Adani&#8217;s embattled group clutched on to a $400-million investment by Abu Dhabi&#8217;s International Holding Co. in its flagship firm&#8217;s share sale to restore confidence in the conglomerate that saw nearly $70-billion rout in value after a tiny New York short seller came out with a damning report. Adani, 60, who was third richest man in the world till a day before Hindenburg Research came out with its report on January 24 that flagged concerns about its debt levels and alleged stock manipulation, accounting fraud and the use of tax havens, has slipped to 8th position, narrowing the gap [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-551363","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=551363"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551363\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=551363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=551363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=551363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}