Adani Ports, Adani Green, Adani Wilmar, Adani enterprises Surge Upto 18%. Here's Why

The US government has recently said that short-seller Hindenburg Research’s allegations of corporate fraud against billionaire and Adani Group Chairman Gautam Adani weren’t relevant and didn't impact the US decision to grant up to $553 million for a Sri Lankan terminal, a senior US official said. A report in Bloomberg News said allegations put up by US-based Hindenburg Research were in Front & Centre as the International Development Finance Corp., or DFC, conducted a due diligence investigation of the conglomerate.