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Gautam Adani’s lessons from Hindenburg fight
Monday, 22 January 2024
A year after being accused of fraud and stock price manipulation by Hindenburg Research, Gautam Adani has emerged stronger. The Adani Group has trimmed debt, won new backers, and secured landmark projects. Adani stocks have risen, but critics continue to raise questions about the conglomerate's offshore firms. Despite such issues, many investors now believe that the Adani empire is once again on an ascent.
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