Adani junks report, calls it 'recycled allegations' - Times of India
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MUMBAI: The Adani group on Thursday termed claims about its dealings in its stocks using a clutch of foreign entities as 'recycled allegations' - by short sellers who 'are under investigation by various authorities' - aimed at making profits by driving down stock prices of its group companies. Early on Thursday, Organized Crime and Corruption Reporting Project (OCCRP), a global network of investigative journalists, released a report that it said was based on new documents it received mainly from Mauritius . OCCRP said two individuals - Nasser Ali Shaban Ahli and Chang Chung-Ling - used Mauritius-based funds to invest as much as $430 million in Adani group companies. The funds invested had come mainly from Vinod Adani, the elder brother of group chairman Gautam Adani, it said. A statement from Adani group said that these reports appeared to be "yet another concerted bid by (George) Soros-funded interests supported by a section of the foreign media to...