Adani Group in locked in a long-running feud with Hindenburg Research over claims of stock market manipulation The Adani Group, one of India’s largest conglomerates, has rejected allegations by US-based short seller Hindenburg Research that Switzerland has frozen the group’s funds as part of a money-laundering investigation. Adani branded the allegations as “baseless,” stating that it is not involved in any Swiss court proceedings. In a post on X (formerly Twitter) on Thursday, the US firm said that Swiss authorities had frozen assets worth $310 million across Adani’s accounts as part of a “money laundering and
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