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Adani assures investors of no refinancing or liquidity issues

Image Credit: BS
  • Adani Group, led by Gautam Adani, has seen a $120 billion drop in market value since a report by Hindenburg Research was released on Jan. 24.
  • The report alleged improper use of offshore tax havens and stock manipulation, and raised concerns over the group’s high debt.
  • Adani has assured investors that there are no refinancing or liquidity issues.
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