Adani buys majority stake of Hindenburg Research Company

Adani buys majority stake of Hindenburg Research Company

[ad_1] India’s Gautam Adani, Asia’s richest man, faces possibly the biggest challenge of his career after a U.S. short seller, Hindenburg accused Adani conglomerate of stock manipulation and accounting fraud. Adani Group responded Hindenburg report with an over 400-page data, the group led by Gautam Adani called all the allegations “unsubstantiated” and “misleading”.  However, despite the…

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