{"id":555267,"date":"2023-02-14T10:04:45","date_gmt":"2023-02-14T04:34:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=555267"},"modified":"2023-02-14T10:49:18","modified_gmt":"2023-02-14T05:19:18","slug":"adani-group-tries-to-calm-investors-as-sebi-confirms-investigation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-group-tries-to-calm-investors-as-sebi-confirms-investigation\/","title":{"rendered":"Adani Group tries to calm investors as Sebi confirms investigation"},"content":{"rendered":"<p>NEW DELHI (Reuters) &#8211; Adani Group sought to reassure investors on Monday, saying it had strong cashflows and its business plans were fully funded, as an Indian regulator confirmed it was investigating a critical report by a short-seller that has battered the group&#8217;s stocks.<\/p>\n<p>Led by billionaire businessman Gautam Adani, the group&#8217;s seven listed stocks have together lost about $120 billion in market value since a Jan. 24 report by U.S. short-seller Hindenburg Research accused it of improper use of offshore tax havens and stock manipulation, allegations the group has denied.<\/p>\n<p>The turmoil continued on Monday, with shares in the listed companies extending their losses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI (Reuters) &#8211; Adani Group sought to reassure investors on Monday, saying it had strong cashflows and its business plans were fully funded, as an Indian regulator confirmed it was investigating a critical report by a short-seller that has battered the group&#8217;s stocks. Led by billionaire businessman Gautam Adani, the group&#8217;s seven listed stocks have together lost about $120 billion in market value since a Jan. 24 report by U.S. short-seller Hindenburg Research accused it of improper use of offshore tax havens and stock manipulation, allegations the group has denied. The turmoil continued on Monday, with shares in the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-555267","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/555267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=555267"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/555267\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=555267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=555267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=555267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}