Adani crisis shakes investors’ faith in India

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Gautam Adani's business is at the heart of Narendra Modi’s growth agenda.

Adani has been close to Prime Minister Narendra Modi for decades. And his business – with investments in capital-intensive projects such as airports, power plants and data centers – is at the heart of Modi’s growth agenda.

— ReutersNow, a damning short-seller attack has left the billionaire battling the worst crisis of his corporate life – and is raising bigger, darker questions about India’s credibility as a global growth engine and a destination for international investors.

 

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