Gautam Adani: Group Debunks Allegations

California Gazette30 Jan, 2023News

A report that said a company owned by Asia’s richest man, Gautam Adani was “brazen” about stock manipulation and accounting fraud got a response from the company. The Adani Group, which Gautam Adani started, called the report from the US investment firm “malicious” and “selective misinformation.” The group’s market value dropped by almost $11 billion (£8.7 billion) after the research was made public on Wednesday.