Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Current Affairs

Topic

National: 2023

Question:
Hindenburg Research report in Jan 2023 has created volatility in the share prices of which of the following Indian conglomerate?
Options:
Tata Group
Reliance Group
Adani Group
Birla Group
Correct Answer:
Adani Group
Explanation:
Billionaire Gautam Adani's group firms lost more than $100 billion in stock market value since Hindenburg Research's Jan 24 report which flagged concerns about the group's high debt levels and its suspected improper use of tax havens.