The way the Adani Group conducts related party transactions is part of a US short-seller’s scathing report on the conglomerate.
The value of these potentially problematic transactions have gone up for listed companies as a whole after Covid-19, shows a 'Business Standard' analysis of 221 firms on the S&P BSE 500 index with available data.
Hindenburg Research last month published a report alleging improprieties by the Adani Group, highlighting related party transactions. Adani has denied the allegations as "a lie".
These are transactions that a company enters into with entities related to the owner or majority shareholder, also called the