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India’s Adani Group says evaluating taking action against Hindenburg Research By Reuters

India's Adani Group says evaluating taking action against Hindenburg Research

© Reuters. FILE PHOTO: The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave/File Photo

BENGALURU (Reuters) – India’s Adani Group said on Thursday it is evaluating relevant provisions under U.S. and Indian laws for “remedial and punitive action” against Hindenburg Research, which accused the conglomerate of improper use of offshore tax havens and flagged concerns about high debt.

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