Hindenburg report under evaluation, Adani Group would be questioned: LIC
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Life Insurance Corporation (LIC) on Monday said that the Adani Group's response to the US-based short-seller Hindenburg Research's criticism was under evaluation and the group's management would be questioned soon, Reuters reported. Reportedly, the shares of the conglomerate have fallen by roughly $66 billion since Hindenburg raised concerns about its debt levels and use of tax havens.