The US official confirmed that the DFC was satisfied with its due diligence as it found no relevance in Hindenburg's allegations of Adani pulling off supposed corporate malpractices.
The committee also acknowledged Adani Group's efforts to comfort their investors. The committee also noted that there were short-selling profits made by entities after the Hindenburg report was published and that it should be probed.
Mauritius has refuted claims that the Adani Group's Shell companies are present in the Island country, an allegation that Congress has repeatedly used to target the Indian conglomerate
Rahul Gandhi has yet again floated conspiracy theories based on his very limited understanding of how businesses work. He should read up more if he does not want to end with an egg on his face.
SC has asked SEBI to investigate whether the Adani Group of companies have violated Section 19 of SEBI rules and whether there was any manipulation of stock prices
The Hindenburg-Adani row has turned into a major political controversy with the Congress and other opposition parties making allegations of favouritism and crony capitalism against the government.