Auditor named in Hindenburg report resigns from Adani company

Auditor named in Hindenburg report resigns from Adani company

[ad_1] New Delhi: A small Ahmedabad-based chartered accountancy firm, whose appointment was questioned by a US short seller in its scathing report against the conglomerate run by billionaire Gautam Adani, has resigned due to “pre-occupation”, Adani Total Gas Ltd said. Hindenburg Research in its January 24 report that levelled allegations of fraud, stock manipulation and money … Read more

Gautam Adani meets Sharad Pawar in Mumbai row over Hindenburg report

Gautam Adani meets Sharad Pawar in Mumbai row over Hindenburg report

[ad_1] Mumbai: Industrialist Gautam Adani met NCP chief Sharad Pawar at the latter’s residence in Mumbai on Thursday, party sources said. The meeting follows Pawar’s recent statement that he is not opposed to a Joint Parliamentary Committee probe into the charges made by Hindenburg Research against the Adani group, but a Supreme Court committee will … Read more

LIC increases holdings in Adani stocks despite Hindenburg controversy

LIC increases holdings in Adani stocks despite Hindenburg controversy

[ad_1] Life Insurance Corporation of India (LIC), one of the investors in the Indian stock market, has increased its stake in four Adani Group companies despite the Hindenburg controversy that dragged down Adani stock prices. In the March quarter, LIC acquired 357,500 shares of Adani Enterprises, thereby increasing its share in the company from 4.23 … Read more

Hindenburg report: Cong chalking out social media strategy to corner BJP

Hindenburg report: Cong chalking out social media strategy to corner BJP

[ad_1] New Delhi: The Congress, which has launched a series of agitational programmes over the Hindenburg report on the Adani Group, is now planning a wider social media campaign to reach out to the public and corner the BJP government at the Centre on this issue. Senior Congress leader K.C. Venugopal has enlisted a series … Read more

‘Committee should examine truthfulness of Hindenburg report’, Centre to SC

‘Committee should examine truthfulness of Hindenburg report’, Centre to SC

[ad_1] New Delhi: The Central government has told the Supreme Court that the “truthfulness” of the allegations levelled by a US short seller against the Adani Group should be examined and a fact-finding exercise is required to be undertaken as a one-time measure and without making it a precedent. In a note submitted in the … Read more

‘Committee should examine truthfulness of Hindenburg report’, Centre to SC

‘Committee should examine truthfulness of Hindenburg report’, Centre to SC

[ad_1] New Delhi: The Central government has told the Supreme Court that the “truthfulness” of the allegations levelled by a US short seller against the Adani Group should be examined and a fact-finding exercise is required to be undertaken as a one-time measure and without making it a precedent. In a note submitted in the … Read more

Adani appoints Grant Thornton for audit to come clean on Hindenburg allegations

Adani appoints Grant Thornton for audit to come clean on Hindenburg allegations

[ad_1] New Delhi: Embattled Adani group has appointed accountancy firm Grant Thornton for an independent audit of some of its companies in a bid to come clean of the damning allegations levelled by the US short-seller Hindenburg Research and to assure investors and regulators. Sources said that the audit is primarily to show regulators like … Read more

Why not JPC in Hindenburg Adani row, asks Congress after Centre response in SC

Why not JPC in Hindenburg Adani row, asks Congress after Centre response in SC

[ad_1] Congress General Secretary Jairam Ramesh New Delhi: In wake of the Centre telling the Supreme Court that the government has no objections on committee to probe the matter in wake of the Adani-Hindenburg Group episode, Congress leader Jairam Ramesh on Monday questioned the government on why it was not agreeing to a joint parliamentary … Read more

Hindenburg report exposes dangers Indians, economy are subjected to: BRS’ Keshava Rao

Hindenburg report exposes dangers Indians, economy are subjected to: BRS’ Keshava Rao

[ad_1] New Delhi: Bharat Rashtra Samithi (BRS) MP K Keshava Rao on Wednesday gave a Suspension of Business Notice in Rajya Sabha demanding a discussion on the Hindenburg Report on Adani Enterprises and other companies of Adani Group. Rao gave the Suspension of Business Notice in the lower house of parliament, during its ongoing Budget … Read more

Plea in SC seeks constitution of committee to probe Hindenburg Research report on Adani Group

Plea in SC seeks constitution of committee to probe Hindenburg Research report on Adani Group

[ad_1] New Delhi: A plea has been filed in the Supreme Court seeking a direction to the Centre to constitute a committee monitored by a retired apex court judge to enquire and investigate into the Hindenburg Research report which made a slew of allegations against the business conglomerate led by industrialist Gautam Adani. The fresh … Read more