Adani Hindenburg Saga

Adani Hindenburg Saga News

Adani Group Statements To Investors Draw US Regulatory Scrutiny

Reuters June 23, 2023 8:00 AM IST

India's markets watchdog in May had "drawn a blank" in investigations into suspected violations in overseas investments in the Adani group and a Supreme Court-appointed panel said its ongoing pursuit of the case could be a "journey without a destination".

Adani Group Plans To Repay Up To $790 Million Loans By March: Report

Sankunni K February 28, 2023 2:54 PM IST

Seven of the ten major listed Adani Group companies have lost more than $140 billion in market value since 24 January 2023 - the day when US-based short seller Hindenburg Research published its report accusing the conglomerate of improper use of offshore tax havens, stock manipulation, and flagged concerns over debt levels.

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