Adani Group

On the 11th of August, Rahul Gandhi shared a video message on X wherein he was seen blatantly fearmongering about the stock market and hyped the Hindenburg Research report to attack businessman Gautam Adani and the Modi government.

SEBI issues statement on the Hindenburg Research’s Report, rejects all allegations and asks investors to remain calm and exercise due diligence

'Hindenburg Research' used the erstwhile offshore fund holding of Madhabi Buch to suggest 'laxity' in investigations against Adani Group as SEBI chairperson.

Gautam Adani added that Adani Group is immensely honoured to support the Indian athletes during the Olympics on a remarkable journey.

As per reports, Hindenburg had shared its report on Adani with their client two months prior to publication, enabling them to obtain 'unfair' profits from the stock price movements in a brokered deal using the report.

Gautam Adani said, “the single most important catalyst enabling this take off has been the quality of governance over the past decade."

A plea was filed in Delhi HC against Rahul Gandhi and PM Modi over allegedly defamatory statements against the Adani Group.

The Adani Group has nothing to do with the claim in the viral video and the port is actually located in Iraq and not Gujarat.

Back in 2018, it was reported that Adani Group had received an order to manufacture Hermes 900 UAVs for the Israeli Defence Forces. Thus, The Wire is somehow 'investigating' something that is already out in open.

“I advised the Congress leaders to stop criticising Adani after the clean chit by SEBI, but they kept going at him and continue to do so," former Congress leader Gourav Vallabh said.