
BENGALURU -- A sell-off in shares of companies that are part of India's Adani Group deepened on Friday, with the stock losing a total of around $48 billion in value in the wake of an attack this week by a prominent U.S. short-seller.
That comes as Adani Enterprises -- the flagship company in the conglomerate controlled by Gautam Adani, one of the world's richest people -- pushes ahead with a secondary share sale that kicked off to retail investors on Friday.