India’s Adani Group Says Evaluating Taking Action Against Hindenburg Research

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.

(Reporting by Anuran Sadhu in Bengaluru; Editing by Muralikumar Anantharaman)