What next for Gautam Adani’s embattled empire?

A scrapped $2.5bn share offering is the first victim of a short-seller’s attack


GAUTAM ADANI is no stranger to ambush. In 1998 the was kidnapped and reportedly released for a multimillion-dollar ransom. In 2008 he was at the Taj Mahal Palace Hotel in Mumbai during a terrorist attack, and spent a night hiding in the basement.

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