{"id":551413,"date":"2023-01-31T11:21:41","date_gmt":"2023-01-31T05:51:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=551413"},"modified":"2023-01-31T13:12:32","modified_gmt":"2023-01-31T07:42:32","slug":"adani-groups-loss-swells-to-65-billion-hindenburg-responds-to-charges","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-groups-loss-swells-to-65-billion-hindenburg-responds-to-charges\/","title":{"rendered":"Adani Group&#8217;s loss swells to $65 billion; Hindenburg responds to charges"},"content":{"rendered":"<p>Shares of Adani Group companies remained under pressure for the third straight session on Monday with majority of them witnessing a crash yet again. <\/p>\n<p>The deepening market rout has now led to losses worth $65 billion in the group&#8217;s stock values, according to a Reuters report. <\/p>\n<p>The current round of fall follows a report by Hindenburg Research last week which flagged concerns about the conglomerates debt levels and the use of tax havens. <\/p>\n<p>On Monday, Adani Transmission dropped 14.91%, Adani Green by 20%, Adani Total Gas by 20%, Adani Power by 5%, and Adani Wilmar by 5%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Adani Group companies remained under pressure for the third straight session on Monday with majority of them witnessing a crash yet again. The deepening market rout has now led to losses worth $65 billion in the group&#8217;s stock values, according to a Reuters report. The current round of fall follows a report by Hindenburg Research last week which flagged concerns about the conglomerates debt levels and the use of tax havens. On Monday, Adani Transmission dropped 14.91%, Adani Green by 20%, Adani Total Gas by 20%, Adani Power by 5%, and Adani Wilmar by 5%.<\/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":[130,246,137],"tags":[],"class_list":["post-551413","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551413","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=551413"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551413\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=551413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=551413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=551413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}