Background: The Adani Group Controversy The Adani Group is one of India’s biggest conglomerates, which has been in controversy for the last 18 months. A report by Hindenburg Research documented a complex web of offshore entities, the bulk domiciled in Mauritius, allegedly used by the Adani Group to facilitate undisclosed related-party transactions and manipulation in … Continue reading Hindenburg allegations against sebi chairman madhabi are not baseless, they are 100% true exposed by a SEBI insider. Madhabi was planted by Adani