Nearly a month following being accused of fraud and manipulation by activist investor Hindenburg Research, Indian conglomerate Adani has devised a real strategy to reassure international investors and stop a haemorrhage that wiped out $135 billion from market capitalization. Objective: to show that the conglomerate of Gautam Adani, once the richest man in Asia, reimburses its creditors and carefully manages its various businesses. The group, which denied Hindenburg’s claims and threatened to attack him, also enlisted the services of a renowned law firm and a public relations company accustomed to handling such situations.
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