Adani Group-owned firms accused of stock manipulation, accounting fraud: Hindenburg Research says it stands by report
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Hindenburg Research on Thursday said it fully stands by its report on Adani Group and believes any "legal action taken against us would be meritless". "Regarding the company's threats of legal action, to be clear, we would welcome it. We fully stand by our report and believe any legal action taken against us would be meritless," said Hindenburg Research in a statement.