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India's Adani Group stung by fresh controversy

2023-08-31 18:29
A new report has alleged that the conglomerate used "opaque" funds in Mauritius to manipulate stock prices.
India's Adani Group stung by fresh controversy

India's Adani Group is facing a fresh controversy after a new report says it used "opaque" funds to bypass rules that prevent share price manipulation.

The report alleges the group invested millions of dollars in publicly traded stocks of its own companies through offshore structures.

It...