Gautam Adani
Gautam Adani, founder of the Adani Group.
  • Hindenburg Research hit back at Adani Sunday, after the Indian group said the short seller's report was an "attack on India".
  • "India's future is being held back by the Adani Group, which has draped itself in the Indian flag while systematically looting the nation," the short-seller said.
  • Adani previously said Hindenburg's report on it was "rife with conflict of interest".

Hindenburg Research has fired back at Adani Group, saying that the Indian conglomerate has been "systematically looting the nation" despite claiming to act in the country's best interests.