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Indian tycoon Adani hit by more losses, calls for probe

Signage of Adani's compressed natural gas station are displayed at company's outlet in Ahmedabad, India, Feb. 2, 2023. Losses for the troubled Adani Group, India's second-largest conglomerate, deepened on Friday as shares in its flagship company tumbled another 25%, extending over a week of declines that have wiped out tens of billions of dollars in market value. (AP Photo/Ajit Solanki)

This grab from video released by Adani Enterprises Ltd. on Thursday, Feb.2, 2023 shows Indian billionaire Gautam Adani addressing investors from an unknown location. Losses for the troubled Adani Group, India's second-largest conglomerate, deepened on Friday as shares in its flagship company tumbled another 25%, extending over a week of declines that have wiped out tens of billions of dollars in market value. (Adani Enterprises Ltd. via AP)

Indian tycoon Adani hit by more losses, calls for probe