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Pressure Mounts on Adani as Sebi Seeks Details on Group Companies

The Adani storm showed no signs of abating, with the latest disclosures raising more questions for the beleaguered conglomerate. Wikipedia editors said employees of the group had “almost certainly” manipulated Wikipedia entries with non-neutral PR versions. The already-beaten-down stock of its flagship Adani Enterprises tumbled 11.4% mid-week. Similar declines in the nine other group companies led to the total destruction of Rs 51,294 crore of investor wealth.
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24 Nov 2024
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