There was one question on everyone’s mind the first month of this year: Will the Adani Group be able to weather the Hindenburg storm?
Editorials were written, numbers analysed, and stocks weighed. And for good reason too, after Hindenburg Research, a US-based short-seller, published a damning report in January accusing the group of “brazen stock manipulation and accounting fraud” and pulling the “largest con in corporate history”.
