Investments by TotalEnergies in Adani Group entities were undertaken in full compliance with applicable Indian laws and with its own internal governance processes.
This comment by the SBI chief comes almost a week after a report by a US-based Hindenburg Research, which claimed the Adani Group of having weak business fundamentals, allegations of stock manipulation and accounting fraud, among others
According to the plea, it sought an "inquiry to prosecute and register FIR under section 420 and 120-B of IPC read with Section 15HA SEBI Act against the short sellers ( Anderson and his associates in India /USA) for exploiting innocent investors."
Fitch Ratings says there is no "immediate impact" on the ratings of the Adani entities and their securities following a recent report by Hindenburg Research.
Aam Aadmi Party MP Sanjay Singh on Thursday said that he had written a letter to Prime Minister Narendra Modi and demanded to confiscate the passport of industrialist Gautam Adani.
Reliance Industries Chairman Mukesh Ambani overtook Adani Group chairman Gautam Adani to become the richest Indian in the world with his net worth of USD 84.3 billion, according to Forbes real-time tracker of billionaires for 2023.
At a press conference today, Pawar hit out at the Centre for not issuing any statement on Hindenburg Research's allegations of stock manipulation, money laundering and improper use of tax havens by the Adani Group.
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.
Adani Group on Sunday said the recent report by Hindenburg Research was not an attack on any specific company but a "calculated attack" on India, its growth story, and ambitions.