Congress leader Jairam Ramesh on Thursday said that Gautam Adani talking about being "morally correct" is like his "Prime Mentor" preaching values of humility and sobriety.
The research firm said, "It also predictably tried to lead the focus away from substantive issues and instead stoked a nationalist narrative, claiming our report amounted to a "calculated attack on India." In short, the Adani Group has attempted to conflate its meteoric rise and the wealt
The Adani group in a sharp and focused response to Hindenburg Research's report on its businesses has responded to all 88 questions raised by Hindenburg including the young age of its auditors.
Sensex closed the week's last session at 59,330.90 points, down 874.16 points or 1.45 per cent, whereas Nifty closed at 17,604.35 points, down 287.60 points or 1.61 per cent
Adani Group said it is mulling legal options in the US and India against Hindenburg Research after its report accused firms owned by Gautam Adani of market manipulation and accounting fraud.
Jatin Jalundhwala, Group Head for Legal, Adani, said, "We (the Group) are evaluating the relevant provisions under US and Indian laws for remedial and punitive action against Hindenburg Research."