Tag : Hindenburg

    Adani issues 413-page response, calls charges attack on India

    Nidhi Khurana
    January30/ 2023

    New Delhi: On Sunday, the group led by India's wealthiest man, Gautam Adani, called the damaging charges made by short seller Hindenburg Research "nothing but a lie" and compared them to a "planned attack" on India, its institutions, and its economic story. Adani Group, in a 413-page response, accused the report's authors of having "an ulterior motive" to "create a false market" that would benefit the American company financially. That "this is not only an unwarranted attack on any one company but a planned attack on India, the independence, integrity, and quality of Indian institutions, and the growth story and ambition of India," it ...

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