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The highly regarded financial journalist John Hyatt, writing in the recent issue of Forbes magazine, says: “Forbes has identified previously unreported transactions involving offshore funds with ties to Vinod Adani that appear designed to benefit the Adani Group as a whole. The deals also lend further credence to Hindenburg’s allegations of hidden leverage and accounting irregularities within the Adani Group.” Watch a live interview with John Hyatt at 5.30 p.m. Indian time (7.00 a.m. in New York) to understand what these previously unreported transactions amount to? What implications they have for the Adani Group? How SEBI and the Indian government should respond? And what impact this could have on the attitude of foreign investors to India as an investment destination?
