Business

India’s Adani Group claims that ‘misleading’ reports have not affected its financial position

In its latest reply to a Hindenburg Research study in January 2023, India’s Adani Group argues its financial situation remains unaltered despite “misleading” reports. According to the statement, the Ahmedabad-based company has “rebounded strongly since the release of a short-selling report in January 2023,” which did not include New York-based Hindenburg. The Hindenburg report accused […]