This post was originally published on this site
U.S. short seller Hindenburg Research has accused Indian conglomerate Adani Group of “brazen stock manipulation and accounting fraud” in a scathing report that pressured shares of affiliated companies.
Adani Group is chaired by billionaire tycoon Gautam Adani, who is currently the world’s third richest man and is worth almost $119 billion, according to Bloomberg.
Shares…
