Adani Group and Hindenburg Controversy !! The Adani Group and Hindenburg controversy pertains to allegations made by the investment research firm Hindenburg Research against the Adani Group, a large Indian conglomerate with businesses in sectors such as energy, logistics, and infrastructure. In June 2021, Hindenburg Research published a report titled "The Adani Group: [in] Good Company?" in which it made several claims of impropriety by the Adani Group. Some of the allegations made by Hindenburg Research include: That the Adani Group had inflated its profits by using opaque accounting practices, and that it had artificially inflated the value of its ports and power businesses. That the Adani Group had links to companies that had been sanctioned by the US government for their ties to the Myanmar military junta, and that it had been involved in the illegal export of coal to Myanmar. That the Adani Group had been involved in environmental and labor violations at its Australian c...
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