{"id":552262,"date":"2023-02-03T09:40:54","date_gmt":"2023-02-03T04:10:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=552262"},"modified":"2023-02-03T10:25:39","modified_gmt":"2023-02-03T04:55:39","slug":"gautam-adani-backers-from-new-york-to-tokyo-dissect-and-limit-exposure","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gautam-adani-backers-from-new-york-to-tokyo-dissect-and-limit-exposure\/","title":{"rendered":"Gautam Adani backers from New York to Tokyo dissect and limit exposure"},"content":{"rendered":"<p>Financial institutions from New York to London and Tokyo are dissecting their exposure to the empire of Gautam Adani, who was Asia\u2019s richest man only a few days ago.<\/p>\n<p>The billionaire\u2019s interests, which include ports, power plants and coal mines, have fallen in value by more than $100 billion since Hindenburg Research\u2019s fraud allegations last week. The Indian tycoon vehemently denied the claims but was forced to abruptly scrap a $2.4 billion stock offering for his flagship Adani Enterprises Ltd.<\/p>\n<p>His backers include Citigroup Inc., Credit Suisse Group AG and Barclays Plc. They are among banks pursuing a range of options to curb the risk of losses, including asking for more collateral and halting the use of Adani company securities to cover margin loans to wealth clients.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial institutions from New York to London and Tokyo are dissecting their exposure to the empire of Gautam Adani, who was Asia\u2019s richest man only a few days ago. The billionaire\u2019s interests, which include ports, power plants and coal mines, have fallen in value by more than $100 billion since Hindenburg Research\u2019s fraud allegations last week. The Indian tycoon vehemently denied the claims but was forced to abruptly scrap a $2.4 billion stock offering for his flagship Adani Enterprises Ltd. His backers include Citigroup Inc., Credit Suisse Group AG and Barclays Plc. They are among banks pursuing a range of [&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":[135,130,232],"tags":[],"class_list":["post-552262","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552262","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=552262"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552262\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=552262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=552262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=552262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}