Adani Group says evaluating action against Hindenburg Research
The development comes after short-seller company accused the conglomerate of improper use of offshore tax havens and flagged concerns about high debt
Representational image.
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Bangalore
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Published 26.01.23, 03:05 PM
India's Adani Group said on Thursday it is evaluating relevant provisions under US and Indian laws for “remedial and punitive action” against Hindenburg Research, which accused the conglomerate of improper use of offshore tax havens and flagged concerns about high debt.
More details awaited.
