Adani Group blames 'false narratives' for stock market rout

Challenges like Hindenburg blow have made group more resilient, says chairman

2023-06-27 Adani earnings.JPG

Sardar Vallabhbhai Patel International Airport in Ahmedabad is one of several airports owned by Adani Group. © Reuters

SAYAN CHAKRABORTY, Nikkei staff writer

BENGALURU -- Indian billionaire Gautam Adani on Tuesday blamed "vested interests" for spreading "false narratives" about his sprawling conglomerate after allegations of financial impropriety by short seller Hindenburg Research earlier in the year caused shares in his companies to crash.

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