On the Hindenburg report with allegations on SEBI Chief and her husband, BJP leader and former Union Minister Rajeev Chandrasekhar on Sunday trashed the Hindenburg report and said that nothing in the report is credible.
In a stock exchange filing on Sunday, 360 One Wam Limited, formerly known as IIFL Wealth Management Limited, said its IPE-Plus Fund 1 had made zero investments in any shares of the Adani Group -- either directly or indirectly.
Chandrashekhar further alleged that Congress is seeking foreign help to destabilize India's financial system and to create chaos in the country by attacking the independent regulator SEBI.
The latest allegations by Hindenburg Research are malicious, mischievous, and manipulative selections of publicly available information to arrive at pre-determined conclusions for "personal profiteering with wanton disregard for facts and the law", an Adani Group spokesperson said on Sund
The Congress swipe was made on Saturday following the publication of a new report by US short-seller Hindenburg Research, which levelled allegations against the chairperson of the Securities and Exchange Board of India (SEBI), Madhabi Puri Buch, and her husband.
US-based firm Hindenburg Research on Saturday posted a cryptic message hinting at a possible new India-centric report, over a year after it published allegations against the Adani group of companies of insider trading and other violations in the stock market.
The food FMCG business has become self-sustained, performing well, and poised for further growth under Adani Wilmar, the Adani Group said in a statement as it announced the demerger.
The Adani Group flagship company reported a whopping 116 per cent jump in its net profit at Rs 1,458 crore, as against Rs 675 crore registered in the same quarter of 2023.
Standing in solidarity with Kerala during this difficult time post the Wayanad tragedy, Adani Group Chairman Gautam Adani pledged a contribution of Rs 5 crore to the Kerala Chief Minister's Distress Relief Fund.
Gautam Adani, Chairman and founder of the Adani group of companies on Wednesday expressed his condolences for the lives lost in the Wayanad landslide and said that he will provide financial assistance of Rs 5 crore to support relief efforts in Kerala.
ACC Limited, the cement and building materials company of Adani Group, on Monday announced earnings results for April-June quarter. The cement company ACC achieved another steady quarterly performance.