Viewing a single comment thread. View all comments

autotldr t1_j6hcxhb wrote

This is the best tl;dr I could make, original reduced by 87%. (I'm a bot)


> Adani Group has published a 413-page rebuttal of fraud allegations by Hindenburg Research, likening the US investment firm's report to an attack on India amid mounting financial pressure on the coal conglomerate.

> The US company cited a series of transactions tied to Adani's Carmichael mine and rail operations in Queensland that it alleged may have allowed Adani to avoid disclosing to investors that some of the Australian assets had lost value - a charge the Indian conglomerate disputes.

> Adani accused the US company of having contempt for Indian regulators and the judiciary by highlighting old allegations that Adani said had since been "Judicially determined to be false".


Extended Summary | FAQ | Feedback | Top keywords: Adani^#1 Hindenburg^#2 company^#3 Indian^#4 report^#5

5