Adani hints at governance changes, steps up defence vs Hindenburg to calm investors

Adani Group has been brutally haunted after a report by US short-seller Hindenburg accused of several malpractices in the conglomerate's accounting, leading to a large wealth wipe-off that led the promoter Gautam Adani to lose his place as the world's third richest. Gautam Adani has told advisers about his intention to appoint a financial controller to oversee his various trusts and other privately-held companies, Financial Times reported today.

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