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Feb 2, 2023 · Hindenburg Research published a report on Jan. 24 saying the Adani Group, one of India’s biggest conglomerates, had “engaged in a brazen stock manipulation and accounting fraud scheme over...
- Mithil Aggarwal
- 1 min
Feb 10, 2023 · The Adani Group, one of India's largest conglomerates, has lost billions in market value after being accused of fraud. The company has denied everything.
- Paddy Hirsch
Jan 25, 2023 · Among other allegations, the report says that Adani Group engaged in stock price manipulation and accounting fraud over the course of decades, and found evidence that the group’s “7 key...
- Astha Rajvanshi
Jan 27, 2023 · Indian billionaire Gautam Adani saw more than $20bn (£16bn) wiped off his fortune on Friday, after investors fled his companies for a second day prompted by fraud claims made by a US investment...
Last month, a report by US-based short-seller Hindenburg Research alleged that Adani Group companies had engaged in decades of "brazen" stock manipulation and accounting fraud.
Aug 31, 2023 · India's Adani Group is facing a fresh controversy after a new report says it used "opaque" funds to bypass rules that prevent share price manipulation. The report alleges the group invested...
Jan 27, 2023 · 27 Jan 2023. Shares of Asia’s richest man Gautam Adani’s business empire plunged, leading to losses of $48bn after a US investment firm claimed it had committed “brazen” corporate fraud.
