Adani loses Asia’s richest crown after $119b stock rout

Indian tycoon Gautam Adani has lost his title of Asia’s richest person as a rout in his conglomerate’s biggest companies deepened to $US84 billion ($A119 billion) following a short-seller report. A report by Hindenburg Research last week alleged improper use by the group of offshore tax havens and stock manipulation, as well as concerns about […]