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The Adani Group's Role in India's Infrastructure Build Out
New York-based firm Hindenburg Research accused the Adani group of, quote, brazen stock manipulation and accounting fraud. The company's business empire had more than $145 billion wiped from its value in months after report was published. "We're left with questions of money laundering, stock manipulation, and accounting irregularities that we don't have clear answers on as yet," says Amitai Etzioni.