Adani Group is under regulatory review in the US as a result of a study by Hindenburg Research

Adani Group is under regulatory review in the US as a result of a study by Hindenburg Research.

In a thorough denial, Adani Group said that Hindenburg’s report was “nothing short of a calculated securities fraud.”

The Securities and Exchange Commission is also conducting a related investigation.

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The billionaire Gautam Adani-led business is already under investigation by Indian regulators.

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