UPDATE 4-Adani says no refinancing, liquidity issues in bid to calm jittery investors ...Middle East

India's Adani group said on Tuesday that its companies face no material refinancing risk, or near-term liquidity issues, in its latest attempt to calm investors spooked by a U.S. short-seller's critical report on its business practices. Led by billionaire Gautam Adani, the group's seven listed companies bearing his name have together lost about $120 billion in market value since a Jan. 24 report by Hindenburg Research alleged improper use of offshore tax havens and stock manipulation, and flagged concerns over high debt.

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