ESG gatekeepers to render a verdict on Adani Group companies

After a negative study was released last month by US-based short-seller Hindenburg Research

on inflating revenues and manipulating stock prices, the Adani Group firms defended themselves by citing

their adherence to environmental, social, and governance (ESG) principles and worldwide standards.

In the near future, one of ESG's most prominent gatekeepers will issue its own verdict. 

Bloomberg claims that this week will see the release of MSCI Inc's quarterly review of its ESG and climate indices.

It's the first time since an unfavourable analysis from Hindenburg Research 

on the Adani Group caused a $120 billion selloff. 

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