He said such foreign reports should be ignored altogether. "Hindenburg, The Washington Post or any other foreign media should not be taken seriously. SEBI has not found anything wrong, and shareholders of LIC have the right to take up any issue, not foreign journals," he said.
"In a matter of days, over USD 100 billion of our market value was erased, not because any fundamentals had changed, not because facts had failed, but because a totally false story had been weaponised," Adani said.
Adani Group Chairman Gautam Adani has described the Securities and Exchange Board of India's (SEBI) dismissal of allegations against the Adani Group as a "powerful validation" of its governance and transparency, in a letter to the shareholders.
Adani Group Chairman Gautam Adani, accompanied by his wife, offered prayers at a Jain temple in Ahmedabad a day after SEBI gave a clean chit to the Adani Group in the Hindenburg allegations probe.
Communist Party of India (CPI) leader D Raja on Friday slammed the Election Commission of India (ECI) saying that its credibility had become a question mark. He stated that the Election Commission should answer the questions raised by Congress's Rahul Gandhi.
Supreme Court Advocate Nitin Meshram has welcomed the Securities and Exchange Board of India (SEBI)'s clean chit to Adani Group over the Hindenburg report and said that the US-based short-seller's report against the business group was a conspiracy against India's economy.
After the Securities and Exchange Board of India (SEBI) gave a clean chit to the Adani Group on all charges levelled by Hindenburg Research, Political analyst Tehseen Poonawalla on Friday slammed the now-defunct US-based short-seller, calling it "a hyena that wanted to create a bloodbath in
BJP National Spokesperson Shehzad Poonawalla has termed the Securities and Exchange Board of India (SEBI)'s clean chit to Adani Group over the Hindenburg report a "body blow to economic sleeper cells working full-time against India's interest".