Adani Group hires accounting firm Grant Thornton to conduct independent audits: Report

In an effort to refute allegations made by short-seller Hindenburg Research that have hurt its stocks and bonds, India's Adani Group has hired accounting firm Grant Thornton to conduct independent audits of some of its companies, as per the reports in the media. The appointment represents the Adani Group's first significant attempt to defend itself following a Hindenburg investigation from January 24.