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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.
TheNews21 is India’s independent digital news and investigative platform founded by senior journalist Vivek Bhavsar. From our Mumbai newsroom, we expose corruption, analyse political power, track governance and public policy, and report on issues that directly impact citizens. Alongside investigations, we bring credible coverage of national politics, economy, foreign affairs, business, crime, and civic matters. Our journalism stands firmly on the principles of independence, accuracy, and public interest — No Fear, No Favour.
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