India: head of financial regulator rejects allegations of corruption in Adani scandal

2024-08-11 17:36:11

India: Adani‘s wealth rebounds as controversy ‌lingers.

In⁤ India,⁣ Adani’s financial fortunes are experiencing a ​resurgence. In⁤ January 2023, allegations of stock ⁣market manipulation and⁢ massive tax fraud were leveled against‌ the conglomerate by American ‍investment research firm Hindenburg Research. ​These ⁤allegations targeted​ the CEO of India’s financial regulator. The regulator should conduct a thorough investigation into this matter.