It is now considering legal action against New York's Hindenburg Research.Adani Group is one of India's biggest companies, and has operations in a wide range of industries including commodities trading, airports, utilities and renewable energy. It is led by Indian billionaire Mr Adani who is the world's fourth richest man, according to Forbes magazine.Hindenburg, meanwhile, specialises in "short-selling", or betting against a company's share price in the expectation that it will fall.

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