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Trouble seems to be mounting for Adani Group since the Hindenburg report’s release. In latest, Adani Enterprises will be removed from S&P Dow Jones Sustainability Indices before their opening on February 7, according to a report by Mint.
In a statement, they said that Adani Enterprises will be removed from the indices following a media and stakeholder analysis triggered by allegations of stock manipulation and accounting fraud.
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TheNews21 is India’s independent digital news and investigative journalism platform founded by senior journalist Vivek Bhavsar. From its Mumbai newsroom, it reports on governance, politics, public policy, business and international affairs, while publishing in-depth investigative stories in the public interest.
