The news of International Holding Company (IHC) investing $400 million in Adani Enterprises’ Further Public Offering (FPO) comes after Hindenberg Research recently reposted its criticism of the Indian conglomerate. Hindenberg had previously raised concerns about the financial practices of Adani Group, including its debt levels and the risk of its subsidiaries defaulting on loans. Despite … Continue reading IHC’s $400 Million Investment in Adani Enterprises: A Sign of Confidence Despite Hindenberg’s Criticism