Fresh development in the dispute between American short seller Hindenburg and India's Adani Group.
India’s securities regulator has accused Hindenburg of collaborating with another entity to facilitate its short position on the Adani Group.
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India’s securities regulator has accused Hindenburg of collaborating with another entity to facilitate its short position on the Adani Group.
Adani Group's obsession with the Indian group has been questioned by Western media following a series of reports accusing the company of financial irregularities.
In January last year, US research firm Hindenburg published a report accusing Gautam Adani, India's richest man at the time, of using foreign tax havens, manipulating share prices and maintaining fake accounts.
The redevelopment of Mumbai's Dharavi slum is undoubtedly one of the most difficult challenges facing the federal government.