Hindenburg report was false, committee found no regulatory failure: Adani
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In a fresh attack on Hindenburg Research, Adani Group Chairman Gautam Adani said the report—which accused the conglomerate of stock manipulation and financial irregularities—was a "deliberate and malicious attempt aimed at damaging its reputation." He added that the report was aimed at generating profit by driving down its stocks. Adani claimed the Supreme Court-appointed committee studying Hindenburg's allegations found no instances of regulatory failure.