Billionaire Gautam Adani's companies have been in freefall since last month, with India's opposition party questioning his closeness with Prime Minister Narendra Modi.
abc.net.au/news/indias-adani-crisis-spills-over-into-street-protests/101938660The crisis engulfing the Adani Group has intensified as hundreds of members of India's opposition parties took to the streets to press for a probe into allegations against the conglomerate.
Mr Adani has rejected the Hindenberg report's allegations of stock manipulation, use of tax havens and criticism that it had unsustainable debt. Protesters expressed anger about investments made by state-backed Life Insurance Corporation and State Bank of India in the Adani Group.
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