Adani Group grapples with governance a year after Hindenburg row

India-listed stocks back up from 'shock' lows, but full recovery proves elusive

20240124N Adani

Adani Group Chairman Gautam Adani speaks at the Vibrant Gujarat business forum in India on Jan. 10. © Reuters

RYOSUKE HANADA, Nikkei staff writer

MUMBAI -- A year after Adani Group was hit with allegations of financial impropriety, the Indian conglomerate remains under pressure to bolster corporate governance as it starts making aggressive plans for its future.

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