India's Adani tries to allay concerns as lenders step up scrutiny, say sources
Shares of Adani Group companies have lost more than half their market value, or in excess of $100 billion combined, after U.S. short-seller Hindenburg Research raised questions last week about their debt levels and use of tax havens. The ports-to-energy conglomerate, led by Gautam Adani, one of the world's richest men, rejects the criticism and denies wrongdoing.
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