Mumbai, Sept 18, 2025 (AFP) - India regulator clears Adani of some Hindenburg allegations

NAMPA / AFP

2025-09-18

India's market regulator issued two orders on Thursday clearing several of billionaire Gautam Adani's companies of some of the allegations of funding impropriety made by US short-seller Hindenburg Research. The Adani Group, a sprawling ports-to-power conglomerate, had billions of dollars wiped from its market value in 2023 after a report by Hindenburg accused it of "brazen" corporate fraud. The forensic financial research firm accused it of makin......

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