Home FEATURED NEWS Adani Scandal Puts India Stock Regulators’ Reputation on the Line

Adani Scandal Puts India Stock Regulators’ Reputation on the Line

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It appears to be like as if the Adani Group’s try and wrap itself within the Indian tricolor and see if criticism bounces off the flag might succeed. If the Indian authorities turns into a participant within the conglomerate’s effort, nonetheless, it could be doing itself and all Indians a terrific disservice.

In its rebuttal to short-seller Hindenburg Research’s claims of inventory manipulation, tycoon Gautam Adani’s firm made its technique clear: Hindenburg’s accusations had been, said Adani, “a calculated attack on India, the independence, integrity and quality of Indian institutions, and the growth story and ambition of India.”

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