The Adani Group, a major Indian conglomerate, faces allegations from Hindenburg Research, known for its critical stance.

The allegations include financial fraud and leveraging political connections for advantages.

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Critics highlight the group's opaque corporate structure and perceived government ties.

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The Hindenburg Research report accused the Adani Group of manipulating contracts and financial dealings.

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The group strongly denies all allegations, labeling the report as "false and defamatory."

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Impact from the allegations includes canceled investment deals and a decline in share prices.

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The Adani Group now deals with heightened regulatory scrutiny due to the controversy.

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The "Hindenburg issue" draws parallels to a zeppelin disaster, signifying potential reputation damage.

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Ethical business practices and transparent corporate governance become focal points amidst the controversy.

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