Indian government declines to comment on Adani group crisis; does silence imply acceptance?

The government on Wednesday denied commenting on the malpractices by the Adani Group that has been brought to light by the New York-based short seller company. The Hindenburg report has caused a loss of 90 billion USD in the firm’s shares, causing the stock’s valuation to plummet. The Indian government has clearly stated that it … Continue reading Indian government declines to comment on Adani group crisis; does silence imply acceptance?