Adani-Hindenburg Saga: Adani Group Slams Latest Hindenburg Report as ‘Malicious’ and ‘Mischievous’
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Adani-Hindenburg Saga: Adani Group Slams Latest Hindenburg Report as ‘Malicious’ and ‘Mischievous’
The Adani Group has fiercely rejected the latest allegations from Hindenburg Research, labeling them as malicious, mischievous, and manipulative.
In a statement to the stock exchanges, the group defended the transparency of its overseas holding structure.
Concurrently, SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch, have dismissed the Hindenburg report as ‘baseless,’ ‘devoid of any truth,’ and an attempt at ‘character assassination.’
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Trump’s Shutdown Bill FAILS spectacularly in the House, exposing deep fractures within the GOP and setting the stage for a looming government shutdown just days before Christmas. Elon Musk is mocked as "President Musk" after his controversial involvement, while millions of federal workers face unpaid holidays, and travelers brace for airport chaos. Is this a preview of the chaos to come with Trump’s return to the White House?
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The Nationalist Congress Party (NCP) joined the Trinamool Congress and Samajwadi Party in distancing themselves from Congress's Parliament disruptions over the.. IndiaTimes
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Indian opposition leader Rahul Gandhi has called for the immediate arrest of billionaire Gautam Adani following his indictment by U.S. prosecutors on charges of bribery and fraud. Gandhi asserts that these developments validate his longstanding allegations against Adani. The U.S. indictment accuses Adani and seven others, including his nephew Sagar Adani, of paying $265 million in bribes to Indian officials to secure contracts for a major solar power project. The charges also include securities fraud and wire fraud conspiracy.
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Congress leader Rahul Gandhi has called for the immediate arrest of Gautam Adani after the billionaire was indicted in the US for his alleged involvement in a bribery scheme linked to solar energy contracts in India. Gandhi also demands an investigation into Adani's associate, Madhabi Puri Buch, and questions why the Indian government has not yet acted. The charges come amidst growing international scrutiny of the Adani Group's financial activities, raising concerns over corruption, national security, and transparency.
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