Business | Picking on winners
Hindenburg’s critique of the Adani empire
A small investment firm picks a fight with India’s richest tycoon
|Mumbai
Editor’s note (January 27th 2023): Since this story was published on January 26th, the share price of Adani Enterprises has fallen by more than 15%.
This article appeared in the Business section of the print edition under the headline “Picking on winners”
From the January 28th 2023 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Business
Meet the ambitious wolf cubs of Wall Street
A duo of whippersnappers is taking on Goldman Sachs
What next for US Steel?
The faded industrial icon has few good options without a Nippon deal
Foxconn and other gadget-makers are expanding their empires
The world’s contract manufacturers are moving into new products and places
The signals of workplace submissiveness
Deference is all around you, unfortunately
America’s internet giants are being outplayed in the global south
From e-commerce to online banking, regional competitors are innovating rapidly
Will Mark Zuckerberg’s Trump gamble pay off?
He risks making enemies elsewhere