Bangladesh is in debt to five Indian power companies for more than $1 billion which provide electricity to it, and power supply can be cut if payment is not made
On Sunday Adani Group also released an official statement, stating, "We completely reject these allegations against the Adani Group which are a recycling of discredited claims that have been thoroughly investigated, proven to be baseless and already dismissed by the Hon'ble Supreme Court in January 2024."
In a stock exchange filing on Sunday, 360 One Wam Limited said its IPE-Plus Fund 1 had made zero investments in any shares of the Adani Group, refuting claims by Hindenburg
Adani Group has rejected the fresh allegations by Hindenburg Research, saying the US-based short seller using manipulative information for profiteering
On Wednesday (10th July), the Supreme Court stayed a Gujarat High Court order that directed the state government to reclaim grazing land given to an Adani Group entity in 2005
After SEBI revealed that Kotak Mahindra and Kingdon Capital partnered to orchestrate a strategic move to benefit from short-selling Adani stocks, a China link has emerged.
Even as the FT report does little to prove wrongdoing by the Adani Group in coal sale, Rahul Gandhi has gone ahead and attacked Modi over transactions that took place when Manmohan Singh was the country's Prime Minister.
Congress party’s West Bengal President, Adhir Ranjan Chowdhury stressed that they launched attacks against the Industrialists in Parliament because they didn’t send money to the grand old party.