Adani Flagship’s $10 Billion Wipeout Raises Stake for Earnings

What began as a banner year is turning into a reckoning for Adani Enterprises Ltd., the flagship arm of India’s richest man Gautam Adani, which needs to deliver on multiple...

By Aryan Gupta and Ashutosh Joshi · Bloomberg

What began as a banner year is turning into a reckoning for Adani Enterprises Ltd., the flagship arm of India’s richest man Gautam Adani, which needs to deliver on multiple infrastructure projects to fulfill its earnings promise.