India's Adani group told investors that several top Japanese and European banks have reaffirmed confidence in the embattled conglomerate after it was pummeled by a U.S. short seller's critical report, a company document showed.

Led by billionaire businessman Gautam Adani, the group's seven listed stocks have lost about $120 billion in market value since a Jan. 24 report by Hindenburg Research accused it of improper use of offshore tax havens and stock manipulation, allegations the group  ..

Read more at: https://economictimes.indiatimes.com/news/company/corporate-trends/adani-trumpets-stable-ties-to-global-banks-in-bid-to-ease-investor-worries/articleshow/99262610.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

India's Adani group told investors that several top Japanese and European banks have reaffirmed confidence in the embattled conglomerate after it was pummeled by a U.S. short seller's critical report, a company document showed.

Led by billionaire businessman Gautam Adani, the group's seven listed stocks have lost about $120 billion in market value since a Jan. 24 report by Hindenburg Research accused it of improper use of offshore tax havens and stock manipulation, allegations the group  ..

Read more at: https://economictimes.indiatimes.com/news/company/corporate-trends/adani-trumpets-stable-ties-to-global-banks-in-bid-to-ease-investor-worries/articleshow/99262610.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst