The stock market in Asia was mixed on Tuesday after shares of Adani Enterprises plunged 25%, deepening the rout that began with the fallout from Hindenburg Research’s report.

The fall in Adani’s stock price caused the billionaire’s empire to lose $100 billion in just a few days. In response, Adani Group threatened legal action against the research firm, but Hindenburg Research has rarely been sued in the U.S.

The report from Hindenburg Research has raised questions about the Adani Group’s finances and operations. This has caused investors to worry about the group’s future prospects and has sparked a crisis for the company.

The Financial Express reported that the Adani crisis is a result of the company’s rapid growth and questionable business practices. The report also highlighted the importance of corporate governance and the need for companies to be transparent in their dealings.

The Adani Group has yet to respond to the report, but investors are closely watching the situation. If the company is able to address the issues raised in the report, it could help restore investor confidence and prevent further losses.