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Hindenburg Research says it stands by report on Adani Group, says any lega
Updated : 3 years, 1 month ago IST
Adani Group said it is mulling legal options in the US and India against Hindenburg Research after its report accused firms owned by Gautam Adani of market manipulation and accounting fraud.
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Adani group mulls legal options in US, India against Hindenburg Research
Updated : 3 years, 1 month ago IST
Jatin Jalundhwala, Group Head for Legal, Adani, said, "We (the Group) are evaluating the relevant provisions under US and Indian laws for remedial and punitive action against Hindenburg Research."
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Adani Group terms Hindenburg Research's report 'malicious', says aimed at
Updated : 3 years, 1 month ago IST
Reportedly, the research firm, in its report on Tuesday, raised concerns about shares of Adani group companies having a possibility of declining from their current levels, owing to high valuations.
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