The Adani Group, one of India’s largest conglomerates, has been embroiled in a legal dispute with Hindenburg Research, a US-based investment research firm. The dispute began when Hindenburg published a report accusing Adani of accounting fraud and over-inflating the value of its subsidiaries. The report was published days before the planned $2.5 billion share sale… Continue reading The legal dispute between Adani and Hindenburg
Author: Amit Bodake
The legal dispute between Adani and Hindenburg
The Adani Group, one of India’s largest conglomerates, has been embroiled in a legal dispute with Hindenburg Research, a US-based investment research firm. The dispute began when Hindenburg published a report accusing Adani of accounting fraud and over-inflating the value of its subsidiaries. The report was published days before the planned $2.5 billion share sale… Continue reading The legal dispute between Adani and Hindenburg