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Baseless and discredited
- In response, Adani called Hindenburg’s accusations “baseless and discredited,” and “selective regurgitations of public disclosures or rhetorical innuendos coloring rumors as fact.”
People also ask
Was Hindenburg causing a sell-off in Gautam Adani's Ports-to-power conglomerate?
Was Hindenburg incident designed to defame Adani?
Was Hindenburg research a 'calculated attack on India'?
Was Adani's Hindenburg report a 'vague criticism'?
Jun 24, 2024 · Hindenburg, in a report, accused the group of stock manipulation and improper use of tax havens triggering a sell-off in Gautam Adani's ports-to-power conglomerate.
Jun 24, 2024 · Adani Group Chairman Gautam Adani addressed the Hindenburg incident during the 32nd annual general meeting of the conglomerate, dismissing the short-seller’s over 100-pages report as “baseless accusations”.
Hindenburg accused the Adani group of stock manipulation and improper use of tax havens triggering a sell-off in Gautam Adani's ports-to-power conglomerate.
The company owned by Asia's richest man Gautam Adani has issued a detailed rebuttal of allegations of wrongdoing by short seller Hindenburg Research.
- Peter Hoskins
Jan 30, 2023 · The Indian tycoon was left reeling after a Jan. 24 report by Hindenburg Research—a New York-based forensics research firm and short-seller—alleged decades of “brazen stock manipulation and ...
Aug 12, 2024 · It caused one of the most stunning upheavals in India’s corporate history in January 2023 when it alleged improper use of tax havens and stock manipulation by the Adani Group. Short sellers make...
Feb 2, 2023 · Gautam Adani's company has dismissed the allegations and accused Hindenburg Research of a “calculated attack” on India. But the claims have sent shockwaves through the markets.
