The Adaani-Hindenburg Conundrum Goes Again

ECONOMY
11 Feb, 2023

NEWS HIGHLIGHT 

Theme : Economy
Paper:GS-3

New York-based investor research firm Hindenburg Research has accused industrialist Gautam Adani-led conglomerate of “brazen stock manipulation and accounting fraud scheme over the course of decades”.

TABLE OF CONTENT

  1. Context
  2. Hindenburg Group and Its Report
  3. Importance of Billionaires for a Country
  4. Adani’s Contribution to India’s Growth
  5. Darker Side
  6. Issues with Billionaires