BENGALURU -- Embattled Indian billionaire Gautam Adani on Tuesday tried to soothe investors by touting his conglomerate's "strong governance" and pledging to maintain "moderate leverage," after scathing allegations by a short seller wiped over $100 billion from the group's market value.
Adani Group
Gautam Adani touts 'strong governance' in bid to soothe investors
Indian tycoon says market volatility is 'temporary,' pledges 'moderate leverage'
The Adani group has been thrown into crisis since U.S. short-seller Hindenburg Research released a scathing report in January. © EPA/Jiji
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