Adani Group faces regulatory scrutiny in US; stocks plunge
Shortpedia
Content Team
Image Credit: NewsBytes
Adani Group seems to have landed in troubled waters again. According to Bloomberg, US regulatory authorities are looking into the representations made by the Indian conglomerate to its US investors after the scathing report by Hindenburg Research. The stocks of Adani Group's listed companies took a beating on Dalal Street following the report. The conglomerate has denied knowledge of any probe in the US.
