It has been a tricky few months for Adani, the colossal Indian conglomerate known for being the world’s largest private developer of new coal mines and coal-fired power plants. In January, short-selling research company Hindenburg alleged that the Adani Group had engaged in fraud, corruption, stock manipulation and money laundering, as part of what it called the “largest con in corporate history”. Adani denies Hindenburg’s allegations. The market response was swift, with the stock price of each of the Adani Group’s subsidiaries – including its renewable energy company Adani Green Energy – plummeting. Read More