Adani Groups To Hire Independent Audit Amid Claims Of Hindenburg Report
India's Adani Group has appointed accountancy firm Grant Thornton for independent audits of some of its companies. The decision to hire independent audits was taken to rubbish the claims of the Hindenburg report, which claimed irregularities and financial fraud by Adani Groups. Although the Adani Group denied all the allegations, investors are said to be concerned and have withdrawn the investment.
Tags: Hindenburg Report, Adani Groups, Audit, US Firm, allegations
Courtesy: Hindustan Times