Mint Explainer: Hindenburg’s response to Sebi notice following report on Adani
The Adani group denied all the allegations, but shareholders were rattled as the stock price tumbled over the next three months. The value of the 10 listed Adani Group entities declined by $150 billion in the three months after Hindenburg published its report. According to the notice, Hindenburg inked an agreement with its investor, Kingdon Capital … Read more