Thursday, March 14, 2024

Indian billionaire Adani says short seller report tried to defame India

Indian billionaire Gataum Adani says that a scathing report on his conglomerate released by a US short seller last year was an attempt to defame India and its corporate governance practices.

After the report's release, tens of billions of dollars were wiped off Adani's personal wealth andshares in the group's companies fell sharply.

Rebecca Bundhun reports from Mumbai.

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