Yes, Hindenburg Research is under investigation. But, the matter is complex as they have not being accused of by the department of justice

Most shares of Adani Group fell sharply on Monday as the Indian conglomerate's rebuttal of criticism by an American short seller failed

The Hindenburg Research responded to the Adani Group's rebuttal of its accusations, calling it an "attempt to obfuscate by nationalism."

Hindenburg Adani report identified 38 alleged Mauritius-based shell companies "controlled by" Vinod Adani, Gautam Adani's older brother

Billionaire businessman Gautam Adani is no longer the world's third-richest person after activist investment firm Hindenburg Research

Gautam Adani has slipped to seventh on Forbes' real-time list of the world's richest people, as the Adani Group companies have